Ace Alpha Tech SME IPO Subscription Status
Ace Alpha Tech SME IPO closed on 30 June 2025 with an overall subscription of 101.75x based on shares applied. QIB demand came in at 67.06x, NII at 170.71x, and retail at 89.76x.
Allotment will be finalised on 1 July 2025. The stock is scheduled to list on NSE and BSE on 3 July 2025.
Issue Price
Rs 107.00
GMP Today
Rs 30.00 (+28.04%)
Overall Subscription
101.75x
Issue Size
₹47.15 Cr
Allotment Date
1 Jul 2025
Listing Date
3 Jul 2025
Ace Alpha Tech SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 107.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 9.42 Cr | Rs 631.41 Cr | 67.06x |
| NII | Rs 7.08 Cr | Rs 1,209.21 Cr | 170.71x |
| IND | Rs 16.52 Cr | Rs 1,482.96 Cr | 89.76x |
| Total | Rs 33.02 Cr | Rs 3,323.57 Cr | 100.65x |
Ace Alpha Tech SME IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 8,80,000 | 5,90,10,000 | 67.06x |
| NII | 6,62,000 | 11,30,10,000 | 170.71x |
| IND | 15,44,000 | 13,85,94,000 | 89.76x |
| Total | 30,86,000 | 31,06,14,000 | 100.65x |
What Do These Subscription Numbers Mean?
A subscription of 101.75x by shares means the IPO received bids for 102 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 67.06x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 67.06x, it reflects serious institutional conviction.
NII at 170.71x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 89.76x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Ace Alpha Tech SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Share subscription: 89.76x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Ace Alpha Tech SME IPO Allotment Status page from 1 July 2025 for your allotment result.
Ace Alpha Tech SME IPO GMP After Subscription
GMP for Ace Alpha Tech SME stands at Rs 30.00 today, giving an estimated listing price of Rs 137.00 per share.
A subscription of 101.75x combined with a GMP of 28.04% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Ace Alpha Tech SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Ace Alpha Tech SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 26 Jun 2025 | 0.00x | 0.69x | 0.58x | 0.44x |
| Day 2 - 27 Jun 2025 | 0.00x | 1.31x | 1.54x | 1.05x |
| Day 3 - 30 Jun 2025 | 67.06x | 170.71x | 89.76x | 100.65x |
Ace Alpha Tech SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 26 June 2025 |
| IPO Close Date | 30 June 2025 |
| Allotment Date | 1 July 2025 |
| Refund Initiation | 2 July 2025 |
| Share Credit to Demat | 2 July 2025 |
| Listing Date | 3 July 2025 |
| Minimum Investment | Rs 2,56,800.00 |
| Lot Size | 1200 shares |
About Ace Alpha Tech SME
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.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Ace Alpha Tech SME IPO Subscription FAQs
What is Ace Alpha Tech SME IPO subscription status today?
Ace Alpha Tech SME IPO subscription closed on 30 June 2025 with overall subscription of 101.75x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 67.06x, NII 170.71x, IND 89.76x.
What is the overall subscription of Ace Alpha Tech SME IPO?
Ace Alpha Tech SME IPO is subscribed 101.75x overall by shares at close on 30 June 2025. QIB 67.06x, NII 170.71x, and IND 89.76x.
What is Ace Alpha Tech SME IPO QIB subscription?
Ace Alpha Tech SME IPO QIB (Qualified Institutional Buyers) subscription is 67.06x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Ace Alpha Tech SME IPO IND subscription?
Ace Alpha Tech SME IPO IND subscription is 89.76x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Ace Alpha Tech SME IPO NII subscription?
Ace Alpha Tech SME IPO NII (Non-Institutional Investors) subscription is 170.71x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Ace Alpha Tech SME IPO for retail?
Ace Alpha Tech SME IPO retail share subscription is 89.76x. Application-wise data is needed for accurate lottery odds.
When is Ace Alpha Tech SME IPO allotment date?
Ace Alpha Tech SME IPO allotment date is 1 July 2025. Check Ace Alpha Tech SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Ace Alpha Tech SME IPO subscription close?
Ace Alpha Tech SME IPO subscription closed on 30 June 2025. No new applications are accepted after the close.
What is Ace Alpha Tech SME IPO GMP today?
Ace Alpha Tech SME IPO GMP is ₹30 today (+28.04% over issue price ₹107). See live GMP on the Ace Alpha Tech SME IPO GMP Today page.
What is Ace Alpha Tech SME IPO issue price and lot size?
Ace Alpha Tech SME IPO issue price is ₹107 per share. Lot size is 1200 shares. Minimum investment is ₹2,56,800 per lot (minimum 2 lots for SME). Issue size: ₹47.15 Cr.
When is Ace Alpha Tech SME IPO listing date?
Ace Alpha Tech SME IPO listing date is 3 July 2025 on NSE and BSE. Allotment is on 1 July 2025.
How does subscription affect Ace Alpha Tech SME IPO allotment?
Allotment odds in Ace Alpha Tech SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 101.75x overall, competition is very high.
For allotment results from 1 July 2025, visit the Ace Alpha Tech SME IPO Allotment Status page. For listing day updates on 3 July 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.