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Ace Alpha Tech IPO is a book build issue of ₹32.22 crores. The issue is a combination of fresh issue of 0.35 crore shares aggregating to ₹24.48 crores and offer for sale of 0.11 crore shares aggregating to ₹7.74 crores.
Ace Alpha Tech IPO bidding started from Jun 26, 2025 and ended on Jun 30, 2025. The allotment for Ace Alpha Tech IPO was finalized on Jul 1, 2025. The shares got listed on BSE SME on Jul 3, 2025.
Ace Alpha Tech IPO price band is set at ₹69.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an retail is ₹1,30,000 (2000 shares). The minimum lot size investment for HNI is 2 lots (4,000 shares), amounting to ₹2,76,000.
Narnolia Financial Services Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is SS Corporate Securities Ltd..
Refer to Ace Alpha Tech IPO RHP for detailed Information.
| IPO Date | June 26, 2025 to June 30, 2025 |
| Listing Date | July 3, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹65 to ₹69 per share |
| Issue Price Final | ₹69 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 46,70,000 shares (aggregating up to ₹32.22 Cr) |
| Reserved for Market Maker | 2,64,000 shares SS Corporate Securities Ltd. (aggregating up to ₹1.82 Cr) |
| Fresh Issue (Ex Market Maker) | 32,84,000 shares (aggregating up to ₹22.66 Cr) |
| Offer for Sale | 11,22,000 shares of ₹10 (aggregating up to ₹7.74 Cr) |
| Net Offered to Public | 44,06,000 shares (aggregating up to ₹30.40 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,40,10,194 shares |
| Share Holding Post Issue | 1,75,58,194 shares |
Ace Alpha Tech IPO offers total 46,70,000 shares. Out of which 22,00,000 (47.11%) allocated to QIB, 8,80,000 (18.84%) allocated to QIB (Ex- Anchor), 6,62,000 (14.18%) allocated to NII, 15,44,000 (33.06%) allocated to RII and 13,20,000 (28.27%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,64,000 (5.65%) |
| QIB Shares Offered | 22,00,000 (47.11%) |
| − Anchor Investor Shares Offered | 13,20,000 (28.27%) |
| − QIB (Ex. Anchor) Shares Offered | 8,80,000 (18.84%) |
| NII (HNI) Shares Offered | 6,62,000 (14.18%) |
| Retail Shares Offered | 15,44,000 (33.06%) |
| Total Shares Offered | 46,70,000 (100.00%) |
Ace Alpha Tech IPO raises ₹9.11 crore from anchor investors. Ace Alpha Tech IPO Anchor bid date is June 25, 2025. Ace Alpha Tech IPO Anchor Investors list
| Bid Date | June 25, 2025 |
| Shares Offered | 13,20,000 |
| Anchor Portion Size (In Cr.) | 9.11 |
| Anchor lock-in period end date for 50% shares (30 Days) | July 31, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | September 29, 2025 |
Ace Alpha Tech IPO opens on June 26, 2025, and closes on June 30, 2025.
| IPO Open Date | Thu, Jun 26, 2025 |
| IPO Close Date | Mon, Jun 30, 2025 |
| Tentative Allotment | Tue, Jul 1, 2025 |
| Initiation of Refunds | Wed, Jul 2, 2025 |
| Credit of Shares to Demat | Wed, Jul 2, 2025 |
| Tentative Listing Date | Thu, Jul 3, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Jun 30, 2025 |
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,38,000 |
| Retail (Max) | 1 | 2,000 | ₹1,38,000 |
| HNI (Min) | 2 | 4,000 | ₹2,76,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2012, Ace Alpha Tech Private Limited (AATPL) is engaged in legal, accounting, bookkeeping, auditing activities, tax consultancy, market research, public opinion polling, business, and management consultancy.
They offer a range of services, including institutional trading tools, B2B retail trading platforms, user management systems, and proprietary trading systems. The company caters to a diverse clientele, from institutional investors to retail traders, and emphasises seamless order management, risk mitigation, and efficient trading practices.
The company provides innovative user management systems to enhance security, compliance, and risk mitigation within trading operations.
Services:
Institutional Trading: The company offers advanced trading tools for institutions to optimise strategies, manage risks, and execute large orders efficiently.
B2B Retail Trading: The company provides secure, cloud-based trading tools for retail clients, ensuring risk management and fraud prevention.
User Management: They offer innovative user management solutions that efficiently enhance security, compliance, and risk mitigation.
Proprietary Trading: They offer proprietary trading systems with advanced tools for efficient trading and risk management.
As of March 31, 2024, the company has nine employees on payroll.
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 31.04 | 23.02 | 5.22 | 0.55 |
| Total Income | 12.71 | 15.35 | 4.94 | 0.36 |
| Profit After Tax | 8.47 | 10.65 | 3.32 | 0.13 |
| EBITDA | 11.70 | 14.27 | 4.45 | 0.18 |
| Net Worth | 30.57 | 22.10 | 3.77 | 0.45 |
| Reserves and Surplus | 16.56 | 21.97 | 3.76 | 0.44 |
| Amount in ₹ Crore | ||||
The market capitalization of Ace Alpha Tech IPO is ₹121.15 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 0.82 |
| ROCE | 109.31% |
| RoNW | 47.91% |
| PAT Margin | 70.81% |
| EBITDA Margin | 95.98% |
| Price to Book Value | 1.00 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 7.60 | 6.43 |
| P/E (x) | 9.07 | 10.73 |
The Company Ace Alpha Tech IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Capital Expenditure | 12.50 |
| 2 | Unidentified Acquisition and General Corporate Purposes | 8.12 |
| 3 | Issue Expenses | 3.86 |
| 4 | Offer for sale | 7.74 |
[Dilip Davda] AATL is engaged in offering customized trading solutions for financial industry. It marked growth in its top and bottom lines for the reported periods. The sudden announcement of price band reduction has raised concern over its transparency. Based on revised reduced price of IPO, the issue appears fully priced. There is no harm in skipping this non-transparent company lacking compliances. Read detail review...
| Listing Date | July 3, 2025 |
| BSE Script Code | 544431 |
| NSE Symbol | |
| ISIN | INE0S9X01011 |
| Final Issue Price | ₹69 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹69.00 |
| Open | ₹81.00 |
| Low | ₹77.10 |
| High | ₹85.05 |
| Last Trade | ₹85.05 |
Ace Alpha Tech Ltd.
A/28 1st Floor,
Jhilmil Industrial Area, ,
Shahdara
East Delhi, New Delhi, 110095
Phone: +91 8851347242
Email: compliance@acealphatech.in
Website: http://www.acealphatech.in/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Ace Alpha Tech IPO is a SME IPO of 46,70,000 equity shares of the face value of ₹10 aggregating up to ₹32.22 Crores. The issue is priced at ₹69 per share. The minimum order quantity is 2000.
The IPO opens on June 26, 2025, and closes on June 30, 2025.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Ace Alpha Tech IPO using UPI as a payment gateway. Zerodha customers can apply in Ace Alpha Tech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ace Alpha Tech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ace Alpha Tech IPO opens on June 26, 2025 and closes on June 30, 2025.
Ace Alpha Tech IPO lot size is 2000, and the minimum amount required for application is ₹1,38,000.
You can apply in Ace Alpha Tech IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Ace Alpha Tech IPO will be done on Tuesday, July 1, 2025, and the allotted shares will be credited to your demat account by Wednesday, July 2, 2025. Check the Ace Alpha Tech IPO allotment status.
The Ace Alpha Tech IPO listing date is on Thursday, July 3, 2025.
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