Ace Alpha Tech IPO subscribed 101.75 times on the last day, while A retail quota was subscribed 91.92 times, QIB was subscribed 67.06 times, and NII quota was subscribed by 170.79 times, respectively.
Details About Ace Alpha Tech IPO
Ace Alpha Tech got approval from SEBI for an IPO of ₹47.15 crores. In this IPO, a fresh issue of ₹35.14 crores and an offer for sale up to 11,22,000 equity shares with a face value of ₹10 each. Moreover, the company has set up a price band between ₹101 to ₹107 per share.
In this IPO a total of 1200 shares were available in 1 lot size for the minimum Retail category and for the maximum retail category. While S-HNI (Min) total of 2,400 shares in a 2-lot size.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹1,28,400 and maximum investment of ₹1,28,400.
- Small HNI (S-HNI): Minimum investment of ₹2,56,800.
Subscription duration of Ace Alpha Tech IPO
Ace Alpha Tech’ IPO opening date was June 26, 2025, and the closing date was June 30, 2025.
The allotment of Ace Alpha Tech was finalized on July 1, 2025, while the IPO listing is on July 3, 2025.
Funds Deployment of This Company
- Capital Expenditure
- Unidentified Acquistion and General Corporate Purposes
About Ace Alpha Tech IPO
Ace Alpha Tech Private Limited (AATPL), established in 2012, is a prominent company offering services in legal matters, accounting, bookkeeping, auditing, tax advisory, market research, public opinion surveys, and business and management consulting.
The company offers a wide range of services, including institutional trading tools, B2B retail trading platforms, user management solutions, and in-house trading systems.
The company’s clients include institutional investors to retail traders, seamless order management, risk mitigation, and trading practices. Ace Alpha Tech offers innovative user management systems to enhance security and compliance. The company provides a wide range of services that include Institutional Trading, B2B Retail Trading, User Management, and Proprietary Trading. The company includes a total of 9 employees as of March 31, 2024.
Financial Background of Ace Alpha Tech IPO
In 2024, the company recorded a revenue of ₹15.35 crores, up from ₹4.94 crores in 2023. Its profit also rose to ₹10.65 crores in 2024, compared to ₹3.32 crores in the previous year.
