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Ace Tours Worldwide Ltd.

Last Updated on ' Mar 09, 2020 '
Description
Ace Tours Worldwide Limited provides a wide range of travel and leisure services. The Company services include international and domestic tours, cruises, travel bookings, hotel bookings, car rentals, and other special planned trips.
Sector
Tourism
SubSector
Hotels
Company Type
Listed
Type
Service
Employees
51-200 employees
Registered Address
F-22-23-24, JOLLY ARCADE, GHOD DOD ROAD, SURAT GJ 395007 IN
Website
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Key Products / Services
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 omestic Tour Operator, World wide Hotel & Airticket Booking, MICE
Key Resources / Assets
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Stressed Asset Details Expand All 
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No claim amount
Stressed Asset Related Documents
No Document found
Financial Information Documents
No Document found
Year Revenue Net Income Liabilities Fixed Current Assets Current Ratio Quick Ratio ROE ROA EBITDA Margin PAT Margin
2013 2.6 mn 21,555.12 2.24 mn 0.23 mn 2.19 2.19 20000.0 10000.0 7.97 0.83
2014 2.13 mn 925.68 3.38 mn 0.14 mn 2.35 2.35 0.0 0.0 11.14 0.04
2015 1.97 mn 9,918 3.36 mn 0.36 mn 2.68 2.68 0.0 0.0 7.5 0.51
Stressed Asset Timeline
Oct 2019
Oct 05, 2019
Commencement of CIRP
May 14, 2019
Public Announcement by Resolution Professional
May 27, 2019
Claim submission
Jun 11, 2019
Invitation for Expression of Interest
Nov 22, 2019
Submission of Expression of Interest
Nov 27, 2019
Submission of Resolution Plan
Dec 28, 2019
Committee of Creditors Approval
Dec 28, 2019
Submission of Resolution Plan to NCLT
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Approval of Resolution Plan by NCLT
Disclaimer: Timeline dates calculated based on 180 days
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Contact Details
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