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Stocks

Narayana Murthy’s Catamaran Ventures enter Wonderla Holidays with 4.37 lakh shares

Wonderla-Logo.png
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Wonderla Logo

Wonderla Holidays are one of the largest amusement park operators in India with over 16 years of successful operations. The company operates three largest amusement parks in Kochi, Bangalore and Hyderabad under the brand name Wonderla.

Wonderla Holidays Share Price June 2016

Catamaran Management Services Private Limited or Catamaran Capital (partnered with Amazon US to start India operations with a 50:50 JV under the Cloud Tail Services name) has bought a significant stake in the company today.
tvs-capital-logoThis stake was sold by TVS Shriram Growth Fund 1B – one of the anchor investors during the company’s IPO. TVS Shriram Growth Fund 1B sold 454,886 shares representing 0.81% while Catamaran purchased 437,539 shares or 0.78%.

This transaction was executed at a price of Rs. 386/- per share thereby valuing the deal at Rs. 16.5 crore.

Here are the other holdings of this fund:

TSGF Fund 1B Holdng

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Disclosure: The authors at Capital Mind have positions in the market and some of them may support or contradict the material given above, or may involve a direction derived from independent analysis.

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