Ace Alpha Tech IPO
GMP, Subscription, Price, Dates & Financial Details
Ace Alpha Tech Limited, originally incorporated as DM Prime Square Research & Analytics Private Limited on October 8, 2012, is a technology-driven financial solutions provider. The company underwent a name change to Ace Alpha Tech Private Limited in March 2024, and subsequently converted into a…
Open Date
Thu, 26 Jun 2025
Close Date
Mon, 30 Jun 2025
Price Band
₹ 101 – 107
Lot Size
1200
Issue Size
₹ 47.15 Cr
Minimum Investment
₹ 256,800 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Ace Alpha Tech IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹47.15 Crore, comprising a fresh issue of 32.84 Lakh equity shares aggregating to ₹35.14 Crore and an offer for sale (OFS) of 11.22 Lakh equity shares aggregating to ₹12.01 Crore by the existing shareholders.
The Ace Alpha Tech IPO remained open for subscription from June 26, 2025, to June 30, 2025. The basis of allotment was finalized on July 01, 2025, and the company's shares were listed on BSE SME Platform on July 03, 2025.
The company had fixed the price band at ₹101 to ₹107 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹256,800 (based on the upper price band) to apply for one lot.
Skyline Financial Services Private Ltd served as the registrar to the issue. Narnolia Financial Services acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Ace Alpha Tech Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Ace Alpha Tech IPO Timeline (Tentative)
- IPO Open Date
- Thu, 26 Jun 25
- IPO Close Date
- Mon, 30 Jun 25
- Basis of Allotment
- Tue, 01 Jul 25
- Initiation of Refunds
- Wed, 02 Jul 25
- Credit of Shares to Demat
- Wed, 02 Jul 25
- Listing Date
- Thu, 03 Jul 25 — NSE & BSE
Open Date
26 June 2025
Close Date
30 June 2025
Basis Of Allotment
01 July 2025
Listing Date
03 July 2025
IPO Subscription
Check Live Subscription →The Ace Alpha Tech IPO has received bids for 31,42,58,000 shares against 33,50,000 shares offered, resulting in an overall subscription of 93.81x. the NII category is subscribed 122.38x, Retail Investors 91.92x, and QIBs 67.06x.
QIB
67.06x
NII
122.38x
RII
91.92x
Total
93.81x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 15,44,000 shares, representing 46.09% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 8,80,000 shares (26.27%), while Non-Institutional Investors (NIIs) receive 9,26,000 shares (27.64%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 880,000 | 26.27% |
| Non-Institutional | 926,000 | 27.64% |
| Retail Investors | 1,544,000 | 46.09% |
| Total | 3,350,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 31.04 | 23.02 | 5.22 | 0.55 |
| Revenue | 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 |
| Reserve & Surplus | 16.56 | 21.97 | 3.76 | 0.44 |
| Total Borrowings | 0 | 0 | 0 | 0 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Ace Alpha Tech Limited KPI Information
| Particular | KPI as of Sun, Mar 31, 2024. |
|---|---|
| ROE % | 0.82 |
| ROCE % | 109.31 |
| RoNW % | 47.91 |
| Pat Margin % | 70.81 |
Peers Comparison
No Peer Comparision Available
About Ace Alpha Tech Limited
Ace Alpha Tech Limited, originally incorporated as DM Prime Square Research & Analytics Private Limited on October 8, 2012, is a technology-driven financial solutions provider. The company underwent a name change to Ace Alpha Tech Private Limited in March 2024, and subsequently converted into a public limited company as Ace Alpha Tech Limited on September 12, 2024.
Core Services:
Ace Alpha Tech delivers customized, algorithm-driven trading solutions designed for institutional and retail clients. Their offerings integrate seamlessly with existing Order Management Systems (OMS) and Risk Management Systems (RMS), providing:
- Institutional Trading Solutions: Advanced tools for strategy execution, large order management, and risk optimization.
- B2B Retail Trading: Cloud-based platforms with embedded security and fraud prevention for retail brokers and traders.
- User & Risk Management Systems: Automated systems for onboarding, access control, and real-time risk monitoring.
- Proprietary Trading Systems: Tailored tools for high-volume traders to execute trades efficiently and optimize strategies.
- Custom Trading Solutions: Front-end simulations and back-testing services for validating and refining client strategies.
Technology Focus:
Their systems are built around institutional-grade algorithms and simulated trading environments, enabling clients to automate strategies, test performance, and ensure operational security and efficiency.
Clientele:
Ace Alpha Tech serves a broad range of clients, from institutional investors to retail traders, offering scalable and adaptable solutions backed by consulting support for strategy optimization.
Team Size:
- As of March 31, 2024: 9 employees
- As of June 4, 2025: 26 employees
Industry Engagement:
Besides trading technology, the company has experience in legal, accounting, auditing, tax consultancy, market research, and business management consulting, positioning it as a multifaceted solutions provider in the financial services domain.
Ace Alpha Tech IPO Promoters
- Gaurav Sharma
- Arika Securities Private Limited
Promoters Holding
Holding Pre Issue
55.80%
Holding Post Issue
43.90%
Ace Alpha Tech IPO Objective
The Company Ace Alpha Tech IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Capital Expenditure
- Unidentified Acquisition and General Corporate Purposes
Ace Alpha Tech Limited Address / Contact Details
Ace Alpha Tech Limited
A/28 1st Floor, Jhilmil Industrial
Area, Shahdara, East Delhi,
Delhi, 110095
Phone: +91 8851347242
Email: compliance@acealphatech.in
Website: http://www.acealphatech.in/
IPO Snapshot
Ace Alpha Tech IPO Lot Size
The Ace Alpha Tech IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹1,28,400 by applying for 1 lot (1,200 shares). The maximum application allowed for the retail category is 1 lots (1,200 shares), requiring an investment of ₹1,28,400.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 128,400.00 |
| Retail (Max) | 1 | 1,200 | 128,400.00 |
| S-HNI (Min) | 2 | 2,400 | 256,800.00 |
Issue Reservation
- QIB — 26.27%
- NII — 27.64%
- RII — 46.09%
Book Running Lead Managers
- Narnolia Financial Services
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Ace Alpha Tech IPO?
Ace Alpha Tech IPO is a Book-building IPO with a total issue size of ₹47.15 crore. The Ace Alpha Tech IPO price band is ₹101 to 107 per share. The Ace Alpha Tech IPO subscription opens on Thu, Jun 26, 2025, and closes on Mon, Jun 30, 2025. The Ace Alpha Tech IPO will be listed on the BSE. Skyline Financial Services Private Ltd is the registrar for the Ace Alpha Tech IPO.
When will the Ace Alpha Tech IPO open for subscription?
The Ace Alpha Tech IPO opens on Thu, Jun 26, 2025 and closes on Mon, Jun 30, 2025
What is Ace Alpha Tech IPO Price Band?
Ace Alpha Tech IPO Price Band is ₹101 to 107 per share.
What is Ace Alpha Tech IPO Lot Size?
Ace Alpha Tech IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹256800 based on the upper price band
What is the minimum investment for Ace Alpha Tech IPO?
The minimum investment for Ace Alpha Tech IPO is ₹256800, based on one lot of 1200 shares at the upper price band of ₹107 per share.
How to apply for Ace Alpha Tech IPO?
Investors can apply for the Ace Alpha Tech IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Jun 30, 2025. The application amount remains blocked until the Ace Alpha Tech IPO allotment is finalized.
What is Ace Alpha Tech IPO Issue Size?
Ace Alpha Tech IPO issue size is ₹47.15 crores.
What is the Ace Alpha Tech IPO Allotment Date?
Ace Alpha Tech IPO allotment date is Tue, Jul 1, 2025.
Who is the Ace Alpha Tech IPO Registrar?
The registrar for Ace Alpha Tech IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check Ace Alpha Tech IPO allotment status, refund processing, and other IPO-related information.
What is the Ace Alpha Tech IPO GMP?
The Ace Alpha Tech IPO GMP (Grey Market Premium) is ₹30 as of Thu, Jul 3, 2025. Based on the upper price band of ₹107 per share, the estimated Ace Alpha Tech IPO listing price is ₹137, indicating a potential listing gain of approximately 28.04% over the issue price.
Who is the Ace Alpha Tech IPO Lead Manager?
The book-running lead managers (BRLMs) for the Ace Alpha Tech IPO are Narnolia Financial Services. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Ace Alpha Tech IPO Red Herring Prospectus (RHP).