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Ace Alpha Tech IPO vs Vijaypd Ceutical IPO

Comparison between Ace Alpha Tech IPO and Vijaypd Ceutical IPO.

IPO Details

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 IPOVijaypd Ceutical IPO
LogoAce Alpha Tech IPO LogoVijaypd Ceutical IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMENSE SME
Lead ManagersNarnolia Financial Services Ltd.Smart Horizon Capital Advisors Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerSS Corporate Securities Ltd.Shreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO 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 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 IPOVijaypd 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 Size2000 shares4000 shares
Fresh Issue Size32,84,000 shares52,16,000 shares
Fresh Issue Size (Amount)up to ₹22.66 Crup to ₹18.26 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 shares52,16,000 shares
Issue Size Total (Amount)up to ₹30.40 Crup to ₹18.26 Cr

IPO Timetable

Ace Alpha Tech IPO opens on Jun 26, 2025, while Vijaypd Ceutical IPO opens on . The closing date of Ace Alpha Tech IPO and Vijaypd Ceutical IPO is Jun 30, 2025, and , respectively.

 Ace Alpha Tech IPOVijaypd Ceutical IPO
Anchor Bid DateJun 25, 2025
Issue OpenJun 26, 2025
Issue CloseJun 30, 2025
Basis Of Allotment (Tentative)Jul 01, 2025
Initiation of Refunds (Tentative)Jul 02, 2025
Credit of Share (Tentative)Jul 02, 2025
Listing date (Tentative)Jul 03, 2025
Anchor Lockin End date 1Jul 31, 2025
Anchor Lockin End date 2Sep 29, 2025

Financials & KPIs

Ace Alpha Tech IPO P/E ratio is 9.07, as compared to Vijaypd Ceutical IPO P/E ratio of .

 Ace Alpha Tech IPOVijaypd Ceutical 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

Vijaypd Ceutical Ltd. Financial Information (Restated Consolidated)

Vijaypd Ceutical Ltd.'s revenue increased by 99% and profit after tax (PAT) rose by 191% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets57.1533.2732.87
Total Income117.8759.2252.92
Profit After Tax4.801.650.18
EBITDA8.594.871.32
Net Worth32.176.594.93
Reserves and Surplus18.14
Total Borrowing21.7724.4525.56
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)55.8074.85
Promoter Shareholding (Post-Issue)43.9058.81
P/E Ratio9.07
Market Cap₹121.15 Cr.
ROE0.8224.74%
ROCE109.31%17.30%
Debt/Equity0.68
EPS₹7.60
RoNW47.91%14.91%

Shares Offered

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 IPOVijaypd Ceutical IPO
Anchor Investor Reserveration13,20,000 shares
Market Maker Reserveration2,64,000 shares2,84,000 shares
QIB8,80,000 shares0 shares
NII6,62,000 shares26,08,000 shares
RII15,44,000 shares26,08,000 shares
Employee0 shares
Others
Total44,06,000 shares52,16,000 shares

Bids Received (Subscription)

Ace Alpha Tech IPO subscribed 101.75x in total, whereas Vijaypd Ceutical IPO subscribed .

 Ace Alpha Tech IPOVijaypd Ceutical IPO
QIB (times)67.06x
NII (times)170.79x
Big NII (times)
Small NII (times)
RII (times)91.92x
Employee (times)
Other (times)
Total (times)101.75x