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Ace Alpha Tech IPO: GMP, Overview, And Price

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Ace Alpha Tech IPO- Complete Overview
Ace Alpha Tech IPO GMP under the SME IPO category is a bookbuild issue of Rs. 32.22 Cr by Ace Alpha Tech Limited. It was established in 2012. It has been conducting legal and accounting functions as well as bookkeeping, auditing activities, tax consultancy, market research, polling public opinion, business mentoring, and management consulting.
Recognised as a multi-service trading firm or broker of South Asia in the region, along with an institutional trading services provider. It has set out to provide B2B retail trading platforms and institutional turn-key retail traders.
Their clientele ranges from major block account holders at investment banks level down to small retail traders, overcoming obstacles for order execution, such as slippage throughout the trading system, while also facilitating risk taking.
The company enhances security compliance and sophisticated risk controls management within trading operations by providing advanced user management systems.
Services:
Institutional Trading: For institutions, the Company provides proprietary tools that aid in strategy optimisation, risk management, and offers large orders’ execution through algorithms.
B2B Retail Trading: The company enables its customers to trade online through cloud-based, securely integrated command centre systems where risks are controlled automatically against predetermined limits.
User Management: In ensuring organisational objectives are met without constraints or violations for compliance, they offer unique user administration software that effectively reduces risks.
Proprietary Trading: We enable traders with advanced proprietary systems equipped with unparalleled efficiency in execution and risk controls, result-oriented arms designed for proprietary trading.
Ace Alpha Tech IPO Overview
The Ace Alpha Tech IPO date is on 26 June 2025, and its initial public offering will end on 30 June 2025.
The Rs. 32.22 crore new SME IPO comprises a combination of a fresh issue of 35.48 lac Shares (Rs. 24.48 Cr) and an offer for sale (OFS) of 11.22 lac Shares (Rs. 7.74 Cr). The Ace Alpha Tech IPO price is Rs. 65 to Rs. 69 for each Share.
The Ace Alpha Tech IPO listing date (expected) is Thursday, Jul 03, 2025, and listing at the BSE and SME.
Click to open demat account and apply for the IPO.
Company Financial
(Amount in Cr)
Period |
31 Dec 2024 |
31 Mar 2024 |
31 Mar 2023 |
Total Assets |
31.04 |
23.02 |
5.22 |
Total Revenue |
12.71 |
15.35 |
4.94 |
PAT |
8.47 |
10.65 |
3.32 |
Net Worth |
30.57 |
22.10 |
3.77 |
Reserves & Surplus |
16.56 |
21.97 |
3.76 |
Cash Flows
(Amount in lac)
Net Cash Flow in Multiple Activities |
31 Dec 2024 |
31 Mar 2024 |
31 Mar 2023 |
Net Cash Flow Operating Activities |
(1,232.36) |
499.53 |
55.96 |
Net Cash Flow Investing Activities |
66.63 |
(132.46) |
0.88 |
Net Cash Flow Financing Activities |
(0.01) |
768.12 |
(0.01) |
Revenue Bifurcation
Geography-wise Revenue Bifurcation
(Amount in lac)
(Source: RHP)
The Objective of the Issue
The company desires to use the Net Proceeds from the Issue to fulfill its following goals:
-
Capital Expenditure
-
Unspecified Purchase.
-
General Corporate Purposes.
Click to check the IPO application status.
Peers of Ace Alpha Tech Ltd.
Company Name |
Face Value (Rs.) |
EPS (Rs.) |
P/E (x) |
63 Moons Technologies Ltd. |
2 |
35.75 |
22.96 |
Evaluation
The Ace Alpha Tech Limited IPO price is Rs. 65 to Rs. 69 for each Share.
Evaluation of P/E Ratio
Considering the FY ended 31 Mar 2024 with an EPS of Rs. 7.94 from the last year, the resulting P/E ratio is 8.69x.
Considering the weighted EPS of Rs. 2.23 for the last three years, the P/E ratio is 30.94x.
Explore the Icon Facilitators IPO.
IPO's Strengths
-
Tailored solutions.
-
Various client segments.
-
Robust revenue model.
-
A knowledgeable staff and resources.
-
Prospects for future growth.
IPO’s Weaknesses
-
The implementation of advanced technology and system upgrades comes at a high cost, which can potentially reduce profit margins.
-
Direct sales to college and university proprietary trading desks require a sophisticated sales force, which could extend the length of the sales cycle and affect growth.
-
At this stage, the company has little room for expansion without augmentation in workforce, advanced technologies, or new equipment- additional expenses that could reduce profit margins.
Ace Alpha Tech IPO GMP
Ace Alpha Tech IPO GMP is Rs. 0 as of 25 Jun 2025 while writing this information. Hence, its expected listing price is Rs. 69.
IPO Timetable (Tentative)
The Ace Alpha IPO date of allotment is on Jul 01 and listing on Jul 03, 2025.
Events |
Date |
IPO Opening Date |
Jun 26, 2025 |
IPO Closing Date |
Jun 30, 2025 |
IPO Allotment Date |
Jul 01, 2025 |
Refund Initiation |
Jul 02, 2025 |
IPO Listing Date |
Jul 03, 2025 |
Ace Alpha Tech IPO Details
The IPO with a Face Value of Rs. 10 per share offers a total issue size of 46,70,000 Shares (Rs. 32.22 Cr) with a market maker portion of 2,64,000 Shares (Rs. 1.82 Cr).
IPO Opening & Closing Date |
26 Jun, 2025 to 30 Jun, 2025 |
Face Value |
Rs. 10 per Share |
Issue Price |
Rs. 65 to Rs. 69 per Share. |
Lot Size |
2000 Shares |
Issue Size |
46,70,000 Shares (Rs. 32.22 Cr) |
Offer for Sale |
11,22,000 Shares (Rs. 7.74 Cr) |
Fresh Issue |
32,84,000 Shares (Rs. 22.66 Cr) |
Listing at |
BSE, SME |
Issue Type |
Book Built Issue |
Registrar |
Skyline Financial Services Private Ltd. |
IPO Lot Details
The IPO allows retail investors to invest in a minimum and maximum of 1 Lot (2000 Shares) amounting to Rs. 1,38,000 and in multiples thereof, while for HNI investors, the minimum Lot is 2 (4000 Shares) amounting to Rs. 2,76,000.
Minimum Lot Investment (Retail) |
1 Lot |
Maximum Lot Investment (Retail) |
1 Lot |
HNI (Min) |
2 Lots |
IPO Reservation (% of Net Issue)
Institutional’s Portion |
47.11% |
Retail’s Portion |
33.06% |
Non-Institutional Portion |
14.18% |
Promoters And Management of Ace Alpha Tech Ltd.
-
Gaurav Sharma
-
Arika Securities Private Limited.
Pre-Issue Promoter Shareholding |
55.80% |
Post-Issue Promoter Shareholding |
43.90% |
IPO Lead Managers
-
Narnolia Financial Services Ltd.
Dividend Policy
The company has not declared a dividend since its incorporation.
Conclusion
Ace Alpha Tech IPO offers access to a unique tech-enabled trading solutions provider. They aim at scalable B2B and retail segments because of their strong financials, diverse service offerings, and institutional-grade tools. It does have some operational risks and negative cash flows.
Finowings IPO Analysis
Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO.
You must consult your financial advisor before making any financial decisions.
To Apply for the IPO, Click Here.
To Read the Prospectus of the Company Click Here to Download the DRHP.
Click Here To Stay Updated With The Upcoming IPOs.
DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.
Frequently Asked Questions
June 26, 2025.
On July 03, 2025, this IPO can be listed.
To apply for this IPO, you need to have a demat account. If not, click to open demat account, then log in to the app and search for IPO, fill in the necessary details, bids, DOB, etc, during the IPO open date, and submit your request.
Its IPO price is Rs. 65 to Rs. 69.