Ace Tours Worldwide Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,360,000 (47%) | — | ₹378 Cr |
| Retail | — | 2,360,000 (47%) | — | ₹378 Cr |
| Market Maker | — | 280,000 (6%) | — | ₹4 Cr |
| Σ Total | — | 5,000,000 (100%) | — | ₹8,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 8,000 | ₹128,000 |
| Retail (Max) | 13 | 104,000 | ₹1,664,000 |
| S-HNI (Min) | 14 | 112,000 | ₹1,792,000 |
| B-HNI (Min) | 67 | 536,000 | ₹8,576,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Brand Building Exercise – 1.60
- 2 Working Capital Requirements – 6.00
- 3 Public Issue Expenses – 0.40
Company Overview
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 Tours
2. Domestic Tours
a. Individual Tours
b. Group Tours
3. MICE (Meetings, Incentives, Conferences and Exhibitions)
4. Cruises
5. Other special planned trips
a. Honeymoon trips
b. School trips
c. Business / Conventional trips
d. Conference / Trade Fairs / Exhibitions
6. Travel Bookings
a. Air tickets
b. Railway tickets
7. Hotel bookings (worldwide)
8. Rent-a-Car facility
9. Visa Processing