Ace Alpha Tech Limited IPO
Ace Alpha Tech Limited IPO
Price Band
₹65 - ₹69
Total Issue
₹49.97 Cr
Bid Dates
26 Jun - 30 Jun
Subscription
62.55x
Est. GMP
₹28 (40.58%)
Tentative Timetable
Business Overview
Ace Alpha Tech Private Limited offers customized, institutional-grade trading solutions for high-volume traders. Its advanced execution algorithms integrate with existing order management systems, enabling seamless automation and improved strategy performance. It also provides a separate, integrated risk management system, giving clients a unified view of portfolios across users and strategies. With API-based bespoke solutions and strong client support, the platform is designed to meet complex trading needs across various market participants, ensuring scalability, efficiency, and reduced operational risk.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 1 | 1,200 | ₹82,800 |
| Individual (Max) | 1 | 1,200 | ₹82,800 |
| S-HNI (Min) | 2 | 2,400 | ₹1,65,600 |
| S-HNI (Max) | 12 | 14,400 | ₹9,93,600 |
| B-HNI (Min) | 13 | 15,600 | ₹10,76,400 |
Issue Size
Objects of the Issue
A1
A2
A3
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 02 Jul | ₹28 (40.6%) | ₹97 |
| 01 Jul | ₹24 (34.8%) | ₹93 |
| 30 Jun | ₹21 (30.4%) | ₹90 |
| 27 Jun | ₹14 (20.3%) | ₹83 |
| 26 Jun | ₹16 (23.2%) | ₹85 |
| 25 Jun | ₹0 (0%) | ₹69 |
| 24 Jun | ₹0 (0%) | ₹69 |
| 23 Jun | ₹0 (0%) | ₹69 |
| 22 Jun | ₹0 (0%) | ₹69 |
| 20 Jun | ₹0 (0%) | ₹69 |
| 19 Jun | ₹0 (0%) | ₹69 |
| 18 Jun | ₹0 (0%) | ₹69 |
Ace Alpha Tech IPO Peer Comparison
(Rs. in crores)
| Particulars | Ace Alpha Tech | 63 Moons Technologies |
|---|---|---|
| Revenue from Ops (in Crs.) | 14.87 | 472.11 |
| PAT (In Crs.) | 10.65 | 222.51 |
| EPS - Basic | 7.85 | 35.75 |
| RONW | 47.91% | 4.90% |
| EBITDA | 95.98% | 51.92% |
| Price to earning (PE) | 13.63 | 22.96 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of 26 May, 2024 for Peers
Financial Performance
(Rs. in crores)
| Particulars | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 12.71 | 15.35 | 4.94 | 0.36 |
| Profit after Tax | 8.47 | 10.53 | 3.32 | 0.13 |
| Net Worth | 30.57 | 21.98 | 3.77 | 0.45 |
| Total Borrowing | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 31.04 | 23.02 | 5.22 | 0.55 |
| EPS - Basic (in Rs.) | 6.04 | 7.85 | 2.56 | 0.10 |
KPIs
EBITDA
95.98%
PAT
71.64%
ROE
0.82%
ROCE
1.09%
PE Ratio
13.63
PB Ratio
0.01
Mkt Cap (in Crs.)
187.88
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Shareholding
Promoter
55.80%
Public
44.20%
Management
Subscription Status
Updated as on 30 Jun 2025 | 05:00:00 PM
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| QIB | 67.00x | 8,80,800 | 5,90,10,000 |
| NII | 170.79x | 6,62,000 | 11,30,64,000 |
| Retail | 91.92x | 15,44,000 | 14,19,20,000 |
| Total | 101.72x | 30,86,800 | 31,39,94,000 |
Frequently Asked Questions
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How to apply Ace Alpha Tech IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Ace Alpha Tech IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Ace Alpha Tech IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Ace Alpha Tech IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date