Ace Alpha Tech was incorporated on October 08, 2012. The company provides comprehensive trading solutions for the financial industry, serving institutional investors and retail traders through brokers. Its offerings include advanced trading strategies, OMS integration, and DMA consultancy to enhance execution and reduce risk
| Bidding Dates |
|---|
| 26 Jun 2025 - 30 Jun 2025 |
| Subscription |
|---|
| 93.81x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,30,000 | 1 | 1 | 2000 | 4.7 M | ₹65 - ₹69 | 43.9 % | ₹303.6 M - ₹322.2 M | RHP DOC |
Ace Alpha Tech IPO SUBSCRIPTION STATUS
30 Jun '25Ace Alpha Tech IPO overall subscription rate was 93.81 times the total available shares
Ace Alpha Tech IPO retail subscription rate was 121.04 times in the retail segment
Ace Alpha Tech IPO non-institutional investor subscription rate was 225.53 times in the non-institutional investor category
Ace Alpha Tech IPO Qualified Institutional Bidder subscription rate was 35.23 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
30 Jun 2025 (Day 3) | 121.04x | 225.53x | 35.23x |
27 Jun 2025 (Day 2) | 2.03x | 2.24x | - |
26 Jun 2025 (Day 1) | 0.77x | 0.91x | - |
Ace Alpha Tech FINANCIALS
| Period | Net Profit (Rs in crore) | Revenue from Operations (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| 9MFY25 | 8.5 | 11.5 | -12.3 | -12.8 | 101.3% |
| FY24 | 10.7 | 14.9 | 5.0 | 3.2 | 96.0% |
| FY23 | 3.3 | 4.9 | 0.6 | 0.5 | 90.9% |
| FY22 | 0.1 | 0.3 | 0.0 | -0.1 | 56.6% |
Ace Alpha Tech IPO SUBSCRIPTION STATUS DETAILS
Ace Alpha Tech had 4.7 M shares on offer
Ace Alpha Tech IPO offer price was in the range ₹65 - ₹69
Ace Alpha Tech IPO minimum Investment was ₹130000
Ace Alpha Tech IPO issue size was ₹ 303.6 M - ₹ 322.2 M
Ace Alpha Tech had a minimum lot size of 2000 Shares per application
Ace Alpha Tech NUMBER OF SHARES ON OFFER
Ace Alpha Tech IPO IMPORTANT DATES
| Issue Open Date | 26 Jun 2025 |
| Issue close Date | 30 Jun 2025 |
| Allotment Date | 01 Jul 2025 |
| Refund Date | 02 Jul 2025 |
| Demat Account Credit Date | 02 Jul 2025 |
| Listing Date | 03 Jul 2025 |
| Listing on Exchange(s) | BSE |
| Ace Alpha Tech Allotment Status | Exchange/ Registrar |
Ace Alpha Tech IPO subscription opened on 26 Jun 2025, and closed on 30 Jun 2025
IPO allotment for Ace Alpha Tech was finalized on Tuesday, 01 Jul 2025
IPO listing for Ace Alpha Tech was on BSE on Thursday, 03 Jul 2025
Ace Alpha Tech IPO LISTING GAINS
| Issue Price (adjusted) | 69.0 |
| Listing Open Price | 81.0 |
| Listing Close Price | 85.0 |
| Listing Gain% | 17.4% |
| Current Gain% | 92.0% |
Ace Alpha Tech Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ace Alpha Tech Ltd. | 132.5 | 232.7 | 15.3 | 0.4 | 8.7 | 22 | 20.8 | 26.8 | 55.6 | 15.2 | 35.7 | 8.7 | 35.7 |
| Tata Consultancy Services Ltd. | 2425.7 | 877639.5 | 17.6 | 16.5 | 3.2 | 45.9 | 27 | 271423 | 4.7 | 49210 | 1.4 | 137.6 | 1.1 |
| Infosys Ltd. | 1183 | 480068.1 | 15.9 | 1.4 | 2.6 | 31.7 | 18.9 | 182972 | 9.8 | 29440 | 10.2 | 74.6 | 11.1 |
| HCL Technologies Ltd. | 1357.2 | 368298.6 | 21.1 | 8 | 2.7 | 22.1 | 14.3 | 131674 | 10.2 | 16642 | -4.3 | 64.2 | 2.6 |
| Wipro Ltd. | 185.5 | 183726.5 | 13.9 | -7.7 | 1.9 | 15 | 9.3 | 96497.7 | 3.8 | 13197.4 | 0.5 | 13.3 | -1.8 |
| Tech Mahindra Ltd. | 1640 | 160733.9 | 31.3 | 2.4 | 2.7 | 16.2 | 9.7 | 56847.3 | 5.6 | 4810.9 | 13.2 | 52.4 | 13.1 |
Ace Alpha Tech INFORMATION ON IPO ISSUE
About Ace Alpha Tech
Ace Alpha Tech was incorporated on October 08, 2012. The company provides comprehensive trading solutions for the financial industry, serving institutional investors and retail traders through brokers. Its offerings include advanced trading strategies, OMS integration, and DMA consultancy to enhance execution and reduce risk
Object of the Issue
- To meet capital expenditure of the company
- To meet out the expenses of unidentified acquisition
- General corporate purposes
Ace Alpha Tech - PROMOTERS
| Name |
|---|
| Gaurav Sharma |
| Arika Securities Private Limited |
Ace Alpha Tech Book Running Lead Manager
Narnolia Financial Services Limited
ipo@narnolia.com
Ace Alpha Tech Registrar to the issue
Skyline Financial Services Private Limited
ipo@skylinerta.com
Ace Alpha Tech Strengths
End to end solution
Brokers handle commercial deals with OMS and RMS vendors, while Ace Alpha manages their complete IT infrastructure, including hardware and support. This end-to-end solution allows brokers to focus on business, while Ace Alpha ensures seamless tech operations
Skilled team & resources
The company has a skilled team of developers and support staff that ensures high service standards, drives innovation, and addresses client onboarding queries efficiently
Strong revenue model
The company generates revenue through subscriptions, licensing, consulting, and support services, ensuring steady and diversified income growth
Ace Alpha Tech Risks
Legal & reputational consequences
The company’s service agreements include confidentiality clauses, and any breach intentional or accidental could lead to legal liabilities and reputational damage
Competition
The company operates in a highly competitive market, requiring constant innovation, strategic partnerships, and brand enhancement to maintain growth and respond to evolving technologies and competitor actions
Talent retention challenges
The company’s growth depends on attracting and retaining skilled professionals amid intense industry competition. High attrition and rising hiring costs may increase operational risks and pressure profit margins
IPO FAQs
This IPO consists of an offer for sale of up to Rs 7.7 crore, of 1,122,000 shares. It also consists of a fresh issue of Rs 24.5 crore.
The promoters of the company are Gaurav Sharma and Arika Securities Private Limited.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 65.0 - 69.0.
The IPO application opens on Jun 26, 2025 and closes on Jun 30, 2025.
The minimum lot size for the IPO is 2000. The maximum lot size for the IPO is 2000.
For all category investors, the minimum application amount for this IPO is Rs. 130,000.0, the maximum value for this IPO is Rs 138,000.0.
This IPO will be allotted on Jul 01, 2025.
The refund will be credited to your account on Jul 02, 2025.
The allotted shares will be credited to your demat on Jul 02, 2025.
Ace Alpha Tech Ltd.’s shares listed on the stock exchanges on Jul 03, 2025.