Bookbuilding IPO | ₹32 Cr | Listed at BSE SME | Thu, Jun 26, 2025 - Mon, Jun 30, 2025
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 per share. The lot size for an application is 2,000. The minimum amount of investment required by an retail is ₹1,38,000 (2000 shares) (based on upper price). The minimum lot size for investment in 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 Open
Thu, Jun 26, 2025
IPO Close
Mon, Jun 30, 2025
Issue Price
₹69 per share
Market Cap (Pre-IPO)
₹121.15 Cr
| IPO Date | 26 to 30 Jun, 2025 |
| Listed on | Thu, Jul 3, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹65 to ₹69 |
| Issue Price | ₹69 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 46,70,000 shares (agg. up to ₹32 Cr) |
| Reserved for Market Maker | 2,64,000 shares SS Corporate Securities Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 32,84,000 shares (agg. up to ₹23 Cr) |
| Offer for Sale | 11,22,000 shares of ₹10 (agg. up to ₹8 Cr) |
| Net Offered to Public | 44,06,000 shares (agg. up to ₹30 Cr) |
| Share Holding Pre Issue | 1,40,10,194 shares |
| Share Holding Post Issue | 1,75,58,194 shares |
| BSE Script Code | 544431 |
| ISIN | INE0S9X01011 |
Ace Alpha Tech IPO comprises a total issue size of 46,70,000 shares. The net offer to the public is 44,06,000 shares, after excluding 2,64,000 shares allotted on a firm basis. Of the Net offer 22,00,000 (49.93%) are allocated to QIB, 6,62,000 (15.02%) allocated to NII 15,44,000 (35.04%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 22,00,000 | 49.93% | 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 | 15.02% | 14.18% |
| Retail Shares Offered | 15,44,000 | 35.04% | 33.06% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,64,000 | 5.65% | |
| Total Shares Offered | 46,70,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| 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 |
Ace Alpha Tech IPO raises ₹9.11 crore from anchor investors. Ace Alpha Tech IPO Anchor bid date is June 25, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Wed, Jun 25, 2025 |
| Shares Offered | 13,20,000 |
| Anchor Portion (₹ Cr.) | 9.11 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Jul 31, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Mon, Sep 29, 2025 |
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 Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure | 12.50 |
| 2 | Unidentified Acquisition and General Corporate Purposes | 8.12 |
| 3 | Issue Expenses | 3.86 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 82 |
| ROCE | 63.67 |
| RoNW | 47.91 |
| PAT Margin | 70.81% |
| EBITDA Margin | 95.98% |
| Price to Book Value | 1.00 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.60 | 6.43 |
| P/E (x) | 9.07 | 10.73 |
| Promoter Holding | 55.8% | 43.9% |
| Market Cap | ₹121.15 Cr. |
The Ace Alpha Tech IPO is subscribed 101.75 times on June 30, 2025 5:04:33 PM (Day 3). The public issue subscribed 91.92 times in the retail category, 67.06 times in the QIB category, and 170.79 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 67.06 | 8,80,000 | 5,90,10,000 | 0 |
| NII* | 170.79 | 6,62,000 | 11,30,64,000 | 0 |
| Retail | 91.92 | 15,44,000 | 14,19,20,000 | 0 |
| Total | 101.75 | 30,86,000 | 31,39,94,000 | 75,768 |
Total Application : 75,768
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Feepayable to BRLMs (including Underwriting Commission) | 1.76 |
| 2 | Fees Payable to Registrar to the Issue | 0.02 |
| 3 | Fees Payable Advertising, Marketing Expenses and Printing Expenses | 0.13 |
| 4 | Fees Payable to Regulators including Stock Exchanges and other Intermediaries | 0.12 |
| 5 | Fees payable to Peer Review Auditor | 0.03 |
| 6 | Fees Payable to Market Maker (for Three Years) | 0.09 |
| 7 | Escrow Bank Fees | 0.00 |
| 8 | Others (including Selling and Distribution and Legal Advisor) | 1.71 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹69.00 |
| Open | ₹81.00 |
| Low | ₹77.10 |
| High | ₹85.05 |
| Last Trade | ₹85.05 |
Lead Manager Reports
Ace Alpha Tech IPO is a SME IPO of 46,70,000 equity shares of the face value of ₹10 aggregating up to ₹32 Crores. The issue is priced at ₹69 per share. The minimum order quantity is 2000.
The IPO opens on Thu, Jun 26, 2025, and closes on Mon, Jun 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 Thu, Jun 26, 2025 and closes on Mon, Jun 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 Wed, Jul 2, 2025. Check the Ace Alpha Tech IPO allotment status.
The Ace Alpha Tech IPO listing date is on Thu, Jul 3, 2025.
