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April 23, 2013

Deal Alert: Ace Tours files for IPO

Surat-based travel agent Ace Tours Worldwide Ltd. has filed the DRHP for an IPO of 50,00,000 equity shares at a cash price of Rs.16 per share aggregating to Rs.8 crore, constituting 39.46% of the fully diluted share of the company. Corporate Strategic Allianz is the book building lead manager to the issue. The company will be traded on the BSE-SME exchange. 

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