IPO Issue Details
Issue Price / Price Band₹16 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size8,000 Shares per Lot
Total Issue Size50,00,000 shares (aggregating up to ₹8.00 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 09 Sep 2013
Subscription CloseThu, 12 Sep 2013
Anchor AllotmentSun, 08 Sep 2013
Basis of AllotmentWed, 18 Sep 2013
Initiation of RefundsThu, 19 Sep 2013
Credit of Shares to DematThu, 19 Sep 2013
Listing DateThu, 26 Sep 2013
UPI Mandate Deadline2013-09-12
Application & Investment Details
Retail — Min (1 Lots)₹1,28,000 — 8,000 shares
Retail — Max (13 Lots)₹1,664,000 (13 Lots)
HNI — Min (2 Lots)₹2,56,000 — 16,000 shares
Net Offer to Public47,20,000 shares (aggregating up to ₹7.55 Cr)
Reserved for Market Maker2,80,000 shares (aggregating up to ₹0.4480 Cr)
Pre-IPO Promoter Holding76,70,456 shares
Post-IPO Promoter Holding1,26,70,456 shares
About Ace Tours Worldwide Ltd.
Incorporated in 2007, Ace Tours Worldwide Ltd (ATWL) is in the business of providing the travel and leisure services. They made the custom trips as per their client’s requirement. They provide the entire gamut of activities associated with holidays like ticketing, local travel arrangement, hotel bookings, etc under one roof. With its continued services the company won many accolades such as recognition as an approved tour operator for excellent co-operation and service by the Ministry of Tourism, Government of India.They provide the following travel and leisure services to their clients:1. International Tours a. Individual Tours b. Group Tours2. Domestic Tours a. Individual Tours b. Group Tours3. MICE (Meetings, Incentives, Conferences and Exhibitions)4. Cruises5. Other special planned trips a. Honeymoon trips b. School trips c. Business / Conventional trips d. Conference / Trade Fairs / Exhibitions6. Travel Bookings a. Air tickets b. Railway tickets7. Hotel bookings (worldwide)8. Rent-a-Car facility9. Visa Processing
Objects of the Issue
Ace Tours Worldwide Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Brand Building Exercise
1.60
2
2 Working Capital Requirements
6.00
3
3 Public Issue Expenses
0.40
Shareholding & Lock-in
Pre-IPO Promoter Holding
76,70,456 shares
Post-IPO Promoter Holding
1,26,70,456 shares