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ACE Alpha Tech Ltd

Complete IPO details, including price band, financials, subscription status, and key insights.

Participate in the ACE Alpha Tech Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.

IPO Snapshot

Key metrics and details at a glance.

Price Band

₹69

Per Share

Lot Size

2000 Shares

Minimum Investment

₹1,38,000

Issue Size

₹32.22 Cr

Face Value

₹10

Per Share

IPO Type

Book Building - SME

Retail Quota

35%

QIB Quota

50%

NII Quota

15%

IPO Timeline

Important dates for your applying strategy.

IPO Opens26 Jun
IPO Closes30 Jun
Basis of Allotment1 Jul
Refund Initiation2 Jul
Shares Credited2 Jul
Listing Date3 Jul
IPO Process Completed

Subscription Status

Live demand across investor categories.

Track real-time subscription levels:

*Real-time data subject to exchange updates

Qualified Institutional Buyers (QIB)67.06x
Non-Institutional Investors (NII)171.19x
Retail Individual Investors (RII)91.92x
Overall Subscription67.29x

ACE Alpha Tech Ltd

Business model, operations, and market positioning.

Promoter Holding (Pre-Issue)

55.8%

Promoter Holding (Post-Issue)

43.9%

Issue Type

Book Building - SME

ISIN

INE0S9X01011

About the Company

Our Company empowers traders of all sizes by providing a comprehensive suite of customized solutions tailored to their existing trading systems. Our customized institutional-grade execution algorithms act as a front-end layer over existing order management systems, enabling advanced traders to automate and execute strategies seamlessly, without manual intervention. This customization not only improves strategy performance through automation but also streamlines operations and mitigates risk.

Industry Overview

Global GDP growth is projected at around 3.1%-3.3% for 2025-2026, slightly below the historical average. Advanced economies like the US and Europe show modest growth, while emerging markets such as India and China continue to drive global expansion. Inflation is expected to decline, but supply disruptions, trade protectionism, and geopolitical tensions pose persistent risks. Central banks are cautiously shifting to monetary easing, although inflation volatility may slow policy normalization. Indian Economy: India is forecasted to be the growing economy, with growth between 6.5%-7.3% for FY25 and FY26. Key growth drivers include: Strong services sector (public administration, real estate, finance). Rising rural demand supported by favorable monsoons and agricultural output. Manufacturing exports, especially in electronics and chemicals. Controlled fiscal deficit and expected ramp-up in government capital expenditure. Despite global headwinds and domestic inflation risks, India's economic fundamentals remain robust. Strategic investments in infrastructure and digitalization, along with improved tax compliance and private sector resilience, reinforce its growth trajectory. IT & BPM Sector: India's IT and BPM industry is a major contributor to GDP (projected to hit 10% by FY25) and employment (over 5.4 million jobs as of FY23). Global digitalization trends and remote work culture have fueled rapid growth in: Cloud computing. Cybersecurity.

Company History

Our Company was incorporated as a Private Limited Company with the name of "DM Prime Square Research & Analytics Private Limited" under the Companies Act, 1956 vide certificate of incorporation dated October 08, 2012, issued by Registrar of Companies, Delhi, bearing CIN U74140DL2012PTC243246. Further, our Company name changed in pursuance of a special resolution passed by the members of our Company at the Extra-Ordinary General Meeting held on 13th March, 2024 and the name of our Company was changed from "DM Prime Square Research & Analytics Private Limited" to "Ace Alpha Tech Private Limited" & Registrar of Companies, Delhi has issued a new certificate of incorporation pursuant to change of name dated 17th May, 2024. Further, our Company was converted into a Public Limited Company in pursuance of a special resolution passed by the members of our Company at the Extra-Ordinary General Meeting held on 25th May, 2024 and the name of our Company changed from "Ace Alpha Tech Private Limited" to "Ace Alpha Tech Limited" & Registrar of Companies, Delhi has issued a new certificate of incorporation dated 12th September, 2024 bearing CIN: U74140DL2012PLC243246 consequent upon conversion to public company.

Products & Services

  • The Company empowers traders of all sizes by providing a comprehensive suite of customized solutions tailored to their existing trading systems.

Growth Strategy

  • Expertise in information technology and the intricacies of derivatives.
  • Optimal Utilization of Resources.
  • Improving operational efficiencies.
  • To Build-Up a Professional Organization.
  • Expansion of Business.
  • Leveraging our Market skills and Relationships.

Customer Base

Wholesaler and Retailer

Financial Performance

Revenue, profit after tax and total assets across the last 3 reported financial years.

Standalone figures
Financial Performance Categories

Revenue

+62.9%vs FY24

Amount in ₹ crore

14.9
15.5
24.2
FY24FY25FY26

Profit After Tax (PAT)

+47.4%vs FY24

Amount in ₹ crore

10.3
11.2
15.2
FY24FY25FY26

Total Assets

+219%vs FY24

Amount in ₹ crore

22.9
33.4
73.1
FY24FY25FY26

Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.

Objects of the Issue

How the company plans to utilize IPO proceeds.

Use of Proceeds

The funds raised through this IPO will be used for:

Initial public issue of upto 46,70,000* equity shares of face value of Rs.10/- each of ACE Alpha Tech Limited for cash at a price of Rs.69 per equity share (including a share premium of Rs.59 per equity share) ("issue price") aggregating to Rs.32.22 crores comprising a fresh issue of up to 35,48,000 equity shares aggregating up to Rs.24.48 crores and an offer for sale of up to 11,22,000 equity shares, of which 2,64,000 equity shares of face value of Rs.10/- each at a price of Rs.69 aggregating to Rs.7.74 crores will be reserved for subscription by market maker ("market maker reservation portion"), and net issue to public of 44,06,000 equity shares of face value of Rs.10/- each at a price of Rs.69 aggregating to Rs.30.40 crores (hereinafter referred to as the "net issue") the issue and the net issue will constitute 26.59% and 25.09% respectively of the post issue paid up equity share capital of the company.

*Subject to approvals and market conditions.

Strengths & Risks

Key competitive advantages and factors to consider before investing.

Strengths and Risk Factors
  • Customized Solutions.
  • Diverse Customer Segments.
  • Strong Revenue Model.
  • Skilled Team and Resources.
  • Future Growth Potential.
  • The company is dependent on and derives a substantial portion of its revenue from a limited number of customers. Cancellation by customers or a delay or reduction in their orders could have a material adverse effect on its business, results of operations and financial condition.
  • Its Promoters and members of the Promoter Group have significant control over the Company and have the ability to direct its business and affairs; their interests may conflict with your interests as a shareholder.
  • The continued success of its business is heavily contingent on the expertise and involvement of its Promoters, senior management and other key personnel, and the loss of, or its inability to attract or retain, such persons could affect the company business, results of operations, financial condition and cash flows.
  • None of the executive director of the company have experience of a listed company exposing the company to various regulatory and functional risks.
  • The company lack ownership of the registered office and other office used by the company. Any interference with its entitlements as the licensee/lessee or the cancellation of contracts with its licensors/lessors could have a negative effect on the company activities and, as a result, its overall business.

Frequently Asked Questions

01

What is the minimum investment required to apply for this IPO?

The minimum investment depends on the lot size and the upper price band of the issue. Investors must apply for at least one lot, and the total investment amount is calculated by multiplying the lot size by the upper price band.
02

How is IPO allotment decided?

IPO allotment is determined based on demand and SEBI guidelines. If the IPO is oversubscribed in the retail category, allotment is typically done through a computerized lottery system to ensure fair distribution among eligible applicants.
03

When will I know if shares are allotted to me?

Allotment status is usually finalized a few days after the IPO closes. Once finalized, shares are either credited to your Demat account (if allotted) or the blocked funds are released back to your bank account.
04

Can I modify or cancel my IPO application?

Yes, you can modify or cancel your IPO application anytime before the IPO closing date. Changes can be made through your Alice Blue account, subject to exchange cut-off timings.
05

What happens if the IPO is oversubscribed?

If the IPO receives more applications than the number of shares available, it is considered oversubscribed. In such cases, allotment in the retail category is done on a proportionate or lottery basis, and not all applicants may receive shares.