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I.P.O. / Offerings | 3 April 2012

Ace Tours To Raise Funds For Expansion

by Charmi Gutka
 
@charmi
Surat based Ace Tour Worldwide Limited is planning to raise IPO through issue of 8.1Mn shares by diluting 52.88% stake in the company.

The funds raised will be used to set up service apartment facilty at Surat; to upgrade the ardware and software facilities for webportal; for brand building exercise and for working capital requirement.

@Corporate_Strategice is the book running lead manager to the issue.

Savaari Car Rentals Raises Series A Funding From Inventus Capital

Savaari Car Rentals has raised R5Cr Series A funding from Inventus Capital Partners. Samir Kumar and Parag Dhol from Inventus Advisory Services (India) will be joining the Board of Directors at Savaari.

Read More...

GE Energy Invests In Atria's Wind Power Projects

GE Energy Financial Services has invested an undisclosed amount picking up equity stake in three wind power projects being developed by Atria Power Corporation Limited.

Read More...
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