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Ace Alpha Tech IPO
Price Band
₹65.0–69.0
Issue Size
₹32.22 Cr
Lot Size
2,000 shares
Min Investment
₹138,000
GMP
+₹30.0 (43.48%)
Issue Price
₹69.0
Subject to Sauda
₹45600
Paid only if allotted
Ace Alpha Tech IPO AI Summary
- Ace Alpha Tech IPO is listed on BSE SME in the Computers - Software & Consulting sector.
- Price band: ₹65.0–₹69.0 per share, lot size 2,000 shares (min. investment ₹138,000).
- Subscription window: 26 Jun–30 Jun 2025, listing on 03 Jul 2025.
- Current GMP is +₹30.0 (43.48%), an estimated listing price of ₹99 — unofficial and can change daily.
Ace Alpha Tech is a growing player in the software and consulting sector, focusing on trading solutions for both institutional and retail clients. With a strong revenue model and significant growth potential, the company is positioned for future success.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Ace Alpha Tech IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 30 Jun 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Ace Alpha Tech IPO Grey Market Premium (GMP) Today
GMP
+₹30.0
GMP %
+43.48%
Est. Listing
₹99.0
Updated: 25 Jul 2026 14:14
About the Company
Incorporated in 2012, Ace Alpha Tech Private Limited (AATPL) is engaged in legal, accounting, bookkeeping, auditing activities, tax consultancy, market research, public opinion polling, business, and management consultancy. They offer a range of services, including institutional trading tools, B2B retail trading platforms, user management systems, and proprietary trading systems. The company caters to a diverse clientele, from institutional investors to retail traders, and emphasises seamless order management, risk mitigation, and efficient trading practices. The company provides innovative user management systems to enhance security, compliance, and risk mitigation within trading operations. Services: Institutional Trading: The company offers advanced trading tools for institutions to optimise strategies, manage risks, and execute large orders efficiently. B2B Retail Trading: The company provides secure, cloud-based trading tools for retail clients, ensuring risk management and fraud prevention. User Management: They offer innovative user management solutions that efficiently enhance security, compliance, and risk mitigation. Proprietary Trading: They offer proprietary trading systems with advanced tools for efficient trading and risk management. As of March 31, 2024, the company has nine employees on payroll. Competitive Strengths: Customized Solutions Diverse Customer Segments Strong Revenue Model Skilled Team and Resources Future Growth Potential
Company Financials (₹ Cr)
As of 2024-12-31
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 31.04 | 23.02 | 5.22 | 0.55 |
| Total Income | 12.71 | 15.35 | 4.94 | 0.36 |
| Profit After Tax | 8.47 | 10.65 | 3.32 | 0.13 |
| EBITDA | 11.70 | 14.27 | 4.45 | 0.18 |
| NET Worth | 30.57 | 22.10 | 3.77 | 0.45 |
| Reserves and Surplus | 16.56 | 21.97 | 3.76 | 0.44 |
Key Ratios
EPS
₹7.60
NAV
₹69.16
ROE
82%
ROCE
63.67%
RoNW
47.91%
P/B Value
1.00
P/E Ratio
9.07
Market Cap
₹121.15 Cr
PAT Margin
70.81%
Peer Comparison
| Company | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|
| 63 Moons Technologies Ltd | 4.9% | 22.96 | 35.75 | 35.75 |
| Ace Alpha Tech Limited This IPO | 47.91% | — | 7.85 | 7.85 |
Promoters
Gaurav Sharma and Arika Securities Pvt.Ltd.
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Capital Expenditure 12.50 2 Unidentified Acquisition and General Corporate Purposes 8.12 3 Issue Expenses 3.86
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income increased from ₹0.36 Cr in the year ended 31 Mar 2022 to ₹4.94 Cr by 31 Mar 2023. This growth continued, with total income rising to ₹15.35 Cr by 31 Mar 2024, and reaching ₹12.71 Cr as of 31 Dec 2024, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit After Tax (PAT) grew from ₹0.13 Cr in the year ended 31 Mar 2022 to ₹3.32 Cr by 31 Mar 2023. It further increased to ₹10.65 Cr by 31 Mar 2024, and reached ₹8.47 Cr as of 31 Dec 2024, though this is a 9-month figure, not a full year, so isn't directly comparable.
Valuation
Priced at roughly 9.07 trailing earnings, versus peers trading at 22.96.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the potential listing gain of an IPO. A positive GMP suggests that the shares may list at a higher price than the issue price, while a negative GMP indicates the opposite. Investors often refer to GMP as a gauge of market sentiment towards the IPO.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their portfolio goals and risk tolerance. It's essential to consider the company's growth potential and market conditions before making an investment decision.
Who May Want to Wait
Investors who prefer stable, established companies with predictable earnings may want to avoid IPOs like this, which can carry higher risks and uncertainties associated with new market entrants.
IPO Timeline, Explained
The IPO process includes several key dates: the opening date for subscription is on 26 June 2025, and it closes on 30 June 2025. Allotment of shares will be done on 1 July 2025, and the listing date is set for 3 July 2025.
Listing Gains — The Risk
Listing gains can be unpredictable and are influenced by market conditions, investor sentiment, and the company's performance post-IPO. While some investors may experience quick profits, others may face losses if the stock does not perform as expected on its first day of trading.
This evaluation is generated from Ace Alpha Tech's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Ace Alpha Tech IPO GMP today?
Ace Alpha Tech IPO GMP today is +₹30.0 (43.48%), indicating an estimated listing price of ₹99. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Ace Alpha Tech IPO?
The price band of Ace Alpha Tech IPO is ₹65.0–₹69.0 per share.
When does Ace Alpha Tech IPO open and close?
Ace Alpha Tech IPO opens on 26 June 2025 and closes on 30 June 2025.
When does Ace Alpha Tech IPO list on the stock exchange?
Ace Alpha Tech IPO listed on 03 July 2025 at ₹99.0.
What is the lot size for Ace Alpha Tech IPO?
The lot size for Ace Alpha Tech IPO is 2000 shares, requiring a minimum investment of ₹138,000.
What is the price band for the Ace Alpha Tech IPO?
The price band for the Ace Alpha Tech IPO is ₹65.0 to ₹69.0.
What is the minimum investment required for this IPO?
The minimum investment required for this IPO is ₹138,000.
When does the Ace Alpha Tech IPO open and close?
The Ace Alpha Tech IPO opens on 26 June 2025 and closes on 30 June 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium or discount at which the IPO shares may list compared to the issue price.
What is the listing date for the Ace Alpha Tech IPO?
The listing date for the Ace Alpha Tech IPO is 3 July 2025.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
26 Jun 2025
Close
30 Jun 2025
Allotment
01 Jul 2025
Listing
03 Jul 2025
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