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Ace Alpha Tech IPO vs BLT Logistics IPO

Comparison between Ace Alpha Tech IPO and BLT Logistics IPO.

IPO Details

Ace Alpha Tech IPO is a SME Bookbuilding IPO proposed to list at BSE SME while BLT Logistics IPO is a SME Bookbuilding proposed to list at BSE SME.

 Ace Alpha Tech IPOBLT Logistics IPO
LogoAce Alpha Tech IPO LogoBLT Logistics IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMEBSE SME
Lead ManagersNarnolia Financial Services Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerSS Corporate Securities Ltd.Spread X Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Ace Alpha Tech IPO is up to ₹30.40 Cr whereas the issue size of the BLT Logistics IPO is up to ₹9.01 Cr. The final issue price of Ace Alpha Tech IPO is ₹69.00 per share and of BLT Logistics IPO is ₹75.00 per share.

 Ace Alpha Tech IPOBLT Logistics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹65.00 per share₹71.00 per share
Issue Price (Upper)₹69.00 per share₹75.00 per share
Issue Price (Final)₹69.00 per share₹75.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size32,84,000 shares12,01,600 shares
Fresh Issue Size (Amount)up to ₹22.66 Crup to ₹9.01 Cr
OFS Issue Size11,22,000 shares0 shares
OFS Issue Size (Amount)up to ₹7.74 Crup to ₹0.00 Cr
Issue Size Total44,06,000 shares12,01,600 shares
Issue Size Total (Amount)up to ₹30.40 Crup to ₹9.01 Cr

IPO Timetable

Ace Alpha Tech IPO opens on Jun 26, 2025, while BLT Logistics IPO opens on Aug 04, 2025. The closing date of Ace Alpha Tech IPO and BLT Logistics IPO is Jun 30, 2025, and Aug 06, 2025, respectively.

 Ace Alpha Tech IPOBLT Logistics IPO
Anchor Bid DateJun 25, 2025Aug 01, 2025
Issue OpenJun 26, 2025Aug 04, 2025
Issue CloseJun 30, 2025Aug 06, 2025
Basis Of Allotment (Tentative)Jul 01, 2025Aug 07, 2025
Initiation of Refunds (Tentative)Jul 02, 2025Aug 08, 2025
Credit of Share (Tentative)Jul 02, 2025Aug 08, 2025
Listing date (Tentative)Jul 03, 2025Aug 11, 2025
Anchor Lockin End date 1Jul 31, 2025Sep 10, 2025
Anchor Lockin End date 2Sep 29, 2025Nov 09, 2025

Financials & KPIs

Ace Alpha Tech IPO P/E ratio is 9.07, as compared to BLT Logistics IPO P/E ratio of 6.84.

 Ace Alpha Tech IPOBLT Logistics IPO
Financials

Ace Alpha Tech Limited Financial Information (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets31.0423.025.220.55
Total Income12.7115.354.940.36
Profit After Tax8.4710.653.320.13
EBITDA11.7014.274.450.18
Net Worth30.5722.103.770.45
Reserves and Surplus16.5621.973.760.44
Amount in ₹ Crore
EBITDA
Promoter Shareholding (Pre-Issue)55.8099.95
Promoter Shareholding (Post-Issue)43.9072.94
P/E Ratio9.076.84
Market Cap₹121.15 Cr.₹35.97 Cr.
ROE0.82-30.88%
ROCE109.31%22.34%
Debt/Equity1.55
EPS₹7.60₹10.97
RoNW47.91%43.73

Shares Offered

In the Ace Alpha Tech IPO Retail Individual Investors (RII) are offered 15,44,000 shares while in BLT Logistics 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 2,40,000 shares in BLT Logistics IPO.

 Ace Alpha Tech IPOBLT Logistics IPO
Anchor Investor Reserveration13,20,000 shares3,58,400 shares
Market Maker Reserveration2,64,000 shares94,400 shares
QIB8,80,000 shares2,40,000 shares
NII6,62,000 shares1,80,800 shares
RII15,44,000 shares4,22,400 shares
Employee0 shares
Others
Total44,06,000 shares12,01,600 shares

Bids Received (Subscription)

Ace Alpha Tech IPO subscribed 101.75x in total, whereas BLT Logistics IPO subscribed 560.69x.

 Ace Alpha Tech IPOBLT Logistics IPO
QIB (times)67.06x81.80x
NII (times)170.79x1,017.63x
Big NII (times)1,186.60x
Small NII (times)684.13x
RII (times)91.92x637.20x
Employee (times)
Other (times)
Total (times)101.75x560.69x