Ace Alpha Tech BSE SME

Ace Alpha Tech SME: Check IPO Date, Live Subscription and Key Details

Ace Alpha Tech is a financial technology (fintech) company providing a comprehensive suite of trading solutions to institutional investors, proprietary trading desks, brokers, and retail traders. Their key products and services include institutional trading tools, B2B retail trading platforms, user management systems, proprietary trading solutions, and custom trading/simulation solutions for backtesting and live deployment. The company generates revenue from software license fees, customization fees, annual maintenance contracts, hardware provisioning, and platform access/user management services.

Price Range
₹101.00-107.00
Issue Size
47.15 Cr
Lot Size
1,200 shares
IPO Type
BSE SME
GMP
30(+28.04%)
Est. Listing Price
₹137
Estimate Profit
₹72,000
Retail Portion
-
Face Value
₹10
EPS
7.85
P/E Ratio
8.79
RoNW
47.91%
ROE
-%
0
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Timeline

IPO Opens

26 Jun

IPO Closes

30 Jun

Allotment

1 Jul

Listing

3 Jul

IPO Timeline & Listing Details

EventDate
IPO Open Date26 June 2025
IPO Close Date30 June 2025
Allotment Date1 July 2025
Listing Date3 July 2025

Investment Categories

CategoryLotsAmount
Individual
2₹2,56,800
SHNI (Min)
3₹3,85,200
SHNI (Max)
7₹8,98,800
BHNIAbove ₹10,00,000
8₹10,27,200

IPO Objectives

  • Capital Expenditure.
  • Unidentified Acquisition and General Corporate Purposes.

Strengths

  • Offers customized trading, risk management, and investment solutions tailored to specific client requirements across institutional, proprietary desk, and retail segments.
  • Diverse customer segments, including institutional investors, proprietary trading desks, and retail traders, ensuring a broad and diversified client base.
  • Strong revenue model with multiple streams, including software licensing fees, customization fees, annual maintenance contracts, and hardware provisioning, ensuring recurring revenues and scalability.
  • Direct sales via management's outreach to potential clients, allowing for personalized solutions and strong client relationships.
  • Robust technology framework designed for scalability, security, and regulatory compliance in the financial technology sector.

Weaknesses

  • Heavy dependence on a small team of nine employees (as of March 31, 2024), which may pose scalability challenges and operational dependency risks as the company expands.
  • Financial performance for Dec 31, 2024, shows a decline in both revenue and profit after tax compared to March 31, 2024, raising concerns about consistency and potential headwinds.
  • Significant portion of IPO proceeds allocated for 'unidentified acquisitions and general corporate purposes,' which introduces uncertainty around future business direction and integration outcomes.
  • Exposure to market volatility due to its trading-centric business, as performance can be affected by market downturns or changes in trading volumes.
  • High reliance on technology can attract cybersecurity and data privacy risks, which could lead to significant financial and reputational damage.
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Financial Performance

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets (₹ Cr.)31.0423.025.220.55
Revenue (₹ Cr.)12.7115.354.940.36
PAT (₹ Cr.)8.4710.653.320.13
Net Worth (₹ Cr.)30.5722.13.770.45

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)

Subscription Details

Daily Bids Status

CategoryDay 1Day 2Day 3
QIB0x0x67.06x
NII0.69x1.31x170.71x
RII0.58x1.54x89.76x
Total0.44x1.05x100.65x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB8,80,0005,90,10,000407.17
NII6,62,00011,30,10,000779.77
RII15,44,00013,85,94,000956.3
Total30,86,00031,06,14,0002,143.24
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Company Details

  • Ace Alpha Tech Limited
  • A/28 1st Floor, Jhilmil Industrial Area, Shahdara, East Delhi, New Delhi-110095, India
  • +91 8851347242
  • compliance@acealphatech.in
  • http://www.acealphatech.in/

Registrar Details

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