Comparison between Ace Alpha Tech IPO and BLT Logistics IPO.
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 IPO | BLT Logistics IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Narnolia Financial Services Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | SS Corporate Securities Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | 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 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 IPO | BLT 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 Size | 2000 shares | 1600 shares |
| Fresh Issue Size | 32,84,000 shares | 12,01,600 shares |
| Fresh Issue Size (Amount) | up to ₹22.66 Cr | up to ₹9.01 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 | 12,01,600 shares |
| Issue Size Total (Amount) | up to ₹30.40 Cr | up to ₹9.01 Cr |
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 IPO | BLT Logistics IPO | |
|---|---|---|
| Anchor Bid Date | Jun 25, 2025 | Aug 01, 2025 |
| Issue Open | Jun 26, 2025 | Aug 04, 2025 |
| Issue Close | Jun 30, 2025 | Aug 06, 2025 |
| Basis Of Allotment (Tentative) | Jul 01, 2025 | Aug 07, 2025 |
| Initiation of Refunds (Tentative) | Jul 02, 2025 | Aug 08, 2025 |
| Credit of Share (Tentative) | Jul 02, 2025 | Aug 08, 2025 |
| Listing date (Tentative) | Jul 03, 2025 | Aug 11, 2025 |
| Anchor Lockin End date 1 | Jul 31, 2025 | Sep 10, 2025 |
| Anchor Lockin End date 2 | Sep 29, 2025 | Nov 09, 2025 |
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 IPO | BLT Logistics IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Standalone)BLT Logistics Ltd.'s revenue increased by 21% and profit after tax (PAT) rose by 23% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 55.8 | 99.95 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 43.9 | 72.94 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.07 | 6.84 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹121.15 Cr. | ₹35.97 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 82 | -30.88 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 63.67 | 22.34 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.60 | ₹10.97 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 47.91 | 43.73 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 IPO | BLT Logistics IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,20,000 shares | 3,58,400 shares |
| Market Maker Reservation | 2,64,000 shares | 94,400 shares |
| QIB | 8,80,000 shares | 2,40,000 shares |
| NII | 6,62,000 shares | 1,80,800 shares |
| RII | 15,44,000 shares | 4,22,400 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 44,06,000 shares | 12,01,600 shares |
Ace Alpha Tech IPO subscribed 101.75x in total, whereas BLT Logistics IPO subscribed 560.69x.
| Ace Alpha Tech IPO | BLT Logistics IPO | |
|---|---|---|
| QIB (times) | 67.06x | 81.80x |
| NII (times) | 170.79x | 1,017.63x |
| Big NII (times) | 1,186.60x | |
| Small NII (times) | 684.13x | |
| RII (times) | 91.92x | 637.20x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 101.75x | 560.69x |
