Wonderla Holidays Ltd Overview
Fundamentals of Wonderla Holidays Ltd
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Financials of Wonderla Holidays Ltd
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About Wonderla Holidays Ltd
Wonderla Holidays Limited operates three Wonderla brand amusement parks in South India. The company opened its first park in Kochi in 2000, second one in 2005 at Bangalore and the third one in Hyderab ... ad in April 2016. The 3 parks of Wonderla have a variety of rides available for the patrons to enjoy. All the three parks are located near cities, just a comfortable drive of 20-25 km away. To enable visitors to extend their joyful experience not beyond the park rides, the company has a Three Star leisure resort attached to the amusement park in Bangalore. The resort has 84 luxury rooms and facilities for hosting wedding receptions, parties, corporate events and meetings. For its future expansion, the company has large land parcels at Bangalore, Kochi and Hyderabad within the proximity of the city. Wonderla Holidays was originally incorporated as a private limited company in Bangalore on November 18, 2002 under the name and style of Wonderla Holidays Private Limited'. The Amusement park in Kochi was set up as a public limited company on February 3, 1998 under the name and style of Veega Holidays and Parks Limited', which was subsequently converted into a private limited company on July 4, 2001 under the name and style of Veega Holidays and Parks Private Limited'. Pursuant to a scheme of amalgamation the erstwhile Veega Holidays and Parks Private Limited' was merged with the Company with effect from April 1, 2008. Thereafter, it was converted into a public limited company on January 11, 2013 under the name and style of Wonderla Holidays Limited'. Wonderla Kochi is the first park in India to get ISO14001 certificate for eco-friendliness and OHSAS 18001 certificate for safety. Wonderla Holidays came out with an initial public offer (IPO) in April 2014 for setting up its proposed amusement park in Hyderabad. After a successful completion of the IPO, the equity shares of Wonderla Holidays were listed on BSE and NSE on 9 May 2014. During the financial year ended 31 March 2015, the combined footfall at is two amusement parks was 23.40 Lakhs as against 22.91 Lakhs during the previous year. The capital expenditure including capital work in progress during the year was Rs. 3,749.61 Lakhs against Rs. 2,984.79 Lakhs during the previous year. During the financial year ended 31 March 2016, the amusement parks attracted a total footfall of 22.37 lakhs as against 23.40 lakhs during the previous year. During the financial year ended 31 March 2017, total footfalls across the company's three parks were 26.59 lakhs as against 22.36 lakhs for two parks during the previous year. Wonderla Holidays launched its third amusement park Hyderabad in April 2016 and the overall capital expenditure for its development was around Rs 250 crore. In 2017, the company invested Rs 34.06 crore and launched Mission Interstellar - India's first space flying experience ride, developed in collaboration with leading US and European theme park design companies. It also boasts a 3,500 sq. ft. parabolic screen, with a 4K resolution laser projector, which makes it the largest screen in India. During the financial year ended 31 March 2018, total footfalls across the company's three parks were 24.87 lakhs as against 26.59 lakhs during the previous year. Read More
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