Wonderla IPO subscribed 42% on day one

The Rs 180-crore issue of Wonderla Holidays, which opened on Monday, has been subscribed 0.42 times. The initial public offering (IPO) will close on Wednesday.

The company had raised Rs 27 crore from three anchor investors last week by selling shares at Rs 125 per share ahead of the IPO. The IPO price band has been fixed at Rs 115-Rs 125 per share.