Comparison between Ace Alpha Tech IPO and Vijaypd Ceutical IPO.
Ace Alpha Tech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Vijaypd Ceutical IPO is a SME Fixed Price proposed to list at NSE SME.
| Ace Alpha Tech IPO | Vijaypd Ceutical IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Narnolia Financial Services Ltd. | Smart Horizon Capital Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | SS Corporate Securities Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Ace Alpha Tech IPO is up to ₹30.40 Cr whereas the issue size of the Vijaypd Ceutical IPO is up to ₹18.26 Cr. The final issue price of Ace Alpha Tech IPO is ₹69.00 per share and of Vijaypd Ceutical IPO is ₹35.00 per share.
| Ace Alpha Tech IPO | Vijaypd Ceutical IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹65.00 per share | |
| Issue Price (Upper) | ₹69.00 per share | |
| Issue Price (Final) | ₹69.00 per share | ₹35.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 4000 shares |
| Fresh Issue Size | 32,84,000 shares | 52,16,000 shares |
| Fresh Issue Size (Amount) | up to ₹22.66 Cr | up to ₹18.26 Cr |
| OFS Issue Size | 11,22,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹7.74 Cr | up to ₹0.00 Cr |
| Issue Size Total | 44,06,000 shares | 52,16,000 shares |
| Issue Size Total (Amount) | up to ₹30.40 Cr | up to ₹18.26 Cr |
Ace Alpha Tech IPO opens on Jun 26, 2025, while Vijaypd Ceutical IPO opens on Sep 29, 2025. The closing date of Ace Alpha Tech IPO and Vijaypd Ceutical IPO is Jun 30, 2025, and Oct 01, 2025, respectively.
| Ace Alpha Tech IPO | Vijaypd Ceutical IPO | |
|---|---|---|
| Anchor Bid Date | Jun 25, 2025 | |
| Issue Open | Jun 26, 2025 | Sep 29, 2025 |
| Issue Close | Jun 30, 2025 | Oct 01, 2025 |
| Basis Of Allotment (Tentative) | Jul 01, 2025 | Oct 03, 2025 |
| Initiation of Refunds (Tentative) | Jul 02, 2025 | Oct 06, 2025 |
| Credit of Share (Tentative) | Jul 02, 2025 | Oct 06, 2025 |
| Listing date (Tentative) | Jul 03, 2025 | Oct 07, 2025 |
| Anchor Lockin End date 1 | Jul 31, 2025 | |
| Anchor Lockin End date 2 | Sep 29, 2025 |
Ace Alpha Tech IPO P/E ratio is 9.07, as compared to Vijaypd Ceutical IPO P/E ratio of .
| Ace Alpha Tech IPO | Vijaypd Ceutical IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)Vijaypd Ceutical Ltd.'s revenue increased by 98% and profit after tax (PAT) rose by 191% between the financial year ending with March 31, 2025 and March 31, 2024.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 55.8 | 78.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 43.9 | 56.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.07 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹121.15 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 82 | 28.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 63.67 | 17.30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.68 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.60 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 47.91 | 14.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ace Alpha Tech IPO Retail Individual Investors (RII) are offered 15,44,000 shares while in Vijaypd Ceutical IPO retail investors are offered 15,44,000 shares. Qualified Institutional Buyers (QIB) are offered 8,80,000 shares in Ace Alpha Tech IPO and 0 shares in Vijaypd Ceutical IPO.
| Ace Alpha Tech IPO | Vijaypd Ceutical IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,20,000 shares | 0 shares |
| Market Maker Reservation | 2,64,000 shares | 2,84,000 shares |
| QIB | 8,80,000 shares | 0 shares |
| NII | 6,62,000 shares | 26,08,000 shares |
| RII | 15,44,000 shares | 26,08,000 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 44,06,000 shares | 52,16,000 shares |
Ace Alpha Tech IPO subscribed 101.75x in total, whereas Vijaypd Ceutical IPO subscribed 1.37x.
| Ace Alpha Tech IPO | Vijaypd Ceutical IPO | |
|---|---|---|
| QIB (times) | 67.06x | |
| NII (times) | 170.79x | 1.86x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 91.92x | 0.89x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 101.75x | 1.37x |
