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Ace Alpha Tech IPO
ACE Alpha Tech Ltd
₹1,30,000 /2000 sharesMinimum Investment
Ace Alpha Tech IPO Listing Details
| Listed On | Issue Price | Listing Price | Listing Gains |
|---|---|---|---|
| -- | ₹69.00 | ₹81.00 | ₹12.00 (17.39%) |
Ace Alpha Tech IPO Details
| Bidding Dates | Min. Investment | Lot Size | Price Range |
|---|---|---|---|
| 26 Jun ‘25 - 30 Jun ‘25 | ₹1,30,000 | 2,000 | ₹65 - ₹69 |
| Issue Size | IPO Doc |
|---|---|
| 49.97Cr | RHP PDF |
Subscription rate
As of 30 Jun'25, 05:00 PM
| Qualified Institutional Buyers | 67.06x |
| Non-Institutional Investor | 171.13x |
| Retail Individual Investor | 90.37x |
| Total | 66.77x |
About Ace Alpha Tech
Founded in
2012
Managing director
Mr Gaurav Sharma
Parent organisation
ACE Alpha Tech Ltd
Strengths & Financials of Ace Alpha Tech
Strengths
Risks
The company claims to offer an integrated trading technology setup that removes the need for clients to use multiple platforms separately.
Ace Alpha Tech claims to serve a wide range of customer segments, including institutional clients, proprietary trading desks, and retail traders. The company claims this client mix helps diversify its revenue sources and reduce dependence on any one segment.
The company claims to have multiple revenue streams, including subscriptions, licencing fees, consultation services, and support and maintenance charges.
The company claims to provide end-to-end IT solutions for brokers, including hardware setup and ongoing technical support.
Ace Alpha Tech claims to rely on a direct sales model, where its management team engages with potential clients to offer personalised solutions based on specific business needs.
The company claims to be focused on expanding its product suite, growing its international presence, and pursuing strategic partnerships to support long-term growth initiatives.
The company has witnessed an increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 0.32 crore in FY22 to Rs 4.89 crore in FY23 and Rs 14.87 crore in FY24. PAT increased from Rs 0.13 crore in FY22 to Rs 3.32 crore in FY23 and Rs 10.65 crore in FY24.
The top five customers of Ace Alpha Tech contributed Rs 6.46 crore (43 percent) to the company’s total revenue in FY24, Rs 4.40 crore (90 percent) in FY23, and Rs 0.27 crore (84 percent) in FY22. Any failure to retain these key customers, expand the customer base, or a loss of business from these clients can adversely affect the company’s business and financial standing.
A significant portion of the company’s revenue is generated from Delhi. Revenue from this state alone constituted Rs 6.56 crore (44.15 percent) of the company’s total revenue in FY24, Rs 3.56 crore (72.86 percent) in FY23, and Rs 0.02 crore (7.81 percent) in FY22. Any disruption in the business environment of this state could materially affect the company’s business operations and financial performance.
The company’s customisation fees contributed Rs 6.47 crore, accounting for 43.50 percent of its total revenue in FY24, Rs 1.50 crore (30.59 percent) in FY23, and Rs 0.32 crore (100 percent) in FY22. Any decline in demand for customisation services or changes in client requirements may adversely affect the company’s overall revenue and growth prospects.
The company reported negative cash flow from investing activities, amounting to Rs 1.32 crore in FY24. If cash outflows continue to exceed inflows in the future, the company may face liquidity challenges.
Employee benefit expenses amounted to Rs 0.50 crore, representing 39.3 percent of the company’s total expenses in FY24, Rs 0.30 crore (59.4 percent) in FY23, and Rs 0.17 crore (94.5 percent) in FY22. Any adverse changes in employee compensation structures, benefits obligations, or workforce size could impact the company’s profitability and financial stability.
Ace Alpha Tech Financials
*All values are in Rs. Cr
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Application Details of Ace Alpha Tech IPO
| Apply as | Price band | Apply Range |
|---|---|---|
| Regular | ₹65 - 69 | ₹2 - 5 Lakh |
| High Networth Individual | ₹65 - 69 | ₹2 - 5 Lakh |
For Ace Alpha Tech IPO, eligible investors can apply as Regular.