Ace Alpha Tech IPO open date is June 26, 2025 and the IPO will close on June 30, 2025.
The company reported revenue of ₹15.35 crores and profit of ₹10.65 crores in 2024.
Ace Alpha Tech Business Overview
Ace Alpha Tech Private Limited (AATPL), founded in 2012, is one of the leading companies involved in legal, accounting, bookkeeping, auditing activities, tax consultancy, market research, public opinion polling, business, and management consultancy.
- Core Activities: Ace Alpha Tech Ltd. is engaged in IT services, software development, and analytics solutions, primarily catering to data-driven enterprise needs.
- Revenue Streams: The company earns revenue from technology services, software solutions, and data analytics-based consulting.
- Geographical Reach: No international operations or exports reported—business is India-centric.
- Business Structure: Operates in a single business segment without seasonal fluctuations
Industry & Market Overview
- Market Size: Global IT market was USD 9.48 trillion in 2022, projected to grow to USD 17.73 trillion by 2028 (CAGR 11%).
- Trends:
- Edge computing and cybersecurity growing rapidly.
- Increased post-COVID digital adoption.
- India Outlook: Strong IT growth due to government digital initiatives, expanding tech infrastructure.
- Competition: High, with large players dominating, but niche tech consultancies like Ace Alpha benefit from agile deployment
Ace Alpha Tech IPO Details
| IPO Open Date: | June 26, 2025 |
| IPO Close Date: | June 30, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹101 to ₹107 Per Share |
| Issue Size: | Approx ₹47.15 Crores |
| Fresh Issue: | Approx ₹35.14 Crores |
| Offer for Sale: | Approx 11,22,000 Equity Shares |
| Issue Type: | Book Build Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
Market Lot Size Of Ace Alpha Tech IPO
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹1,28,400 |
| Retail Maximum | 1 | 1200 | ₹1,28,400 |
| S-HNI Minimum | 2 | 2,400 | ₹2,56,800 |
Dates Calendar Of Ace Alpha Tech IPO
| IPO Open Date: | June 26, 2025 |
| IPO Close Date: | June 30, 2025 |
| Basis of Allotment: | July 1, 2025 |
| Refunds: | July 2, 2025 |
| Credit to Demat Account: | July 2, 2025 |
| IPO Listing Date: | July 3, 2025 |
Financial Report of Ace Alpha Tech
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹0.36 | ₹0.18 | ₹0.13 | ₹0.55 |
| 2023 | ₹4.94 | ₹0.50 | ₹3.32 | ₹5.22 |
| 2024 | ₹15.35 | ₹1.28 | ₹10.65 | ₹22.93 |
| December 2024 | ₹12.71 | ₹1.40 | ₹8.47 | ₹15.35 |
Ace Alpha Tech IPO Valuation – FY2024
| KPI | Values |
| ROE: | -% |
| ROCE: | 63.67% |
| EBITDA Margin: | 95.98% |
| PAT Margin: | 71.64% |
| Debt to equity ratio: | NA |
| Earning Per Share (EPS): | ₹7.94 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 48.20% |
| Net Asset Value (NAV): | ₹- |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| 63 Moons Technologies Ltd | 35.75 | 22.96 | 4.90% | – | 164.69 Cr. |
Objects of the Issue
- Fresh Issue: 35,48,400 Equity Shares
- OFS: 11,22,000 Equity Shares (significant portion ~24%)
- Utilization:
- Capital Expenditure – ₹1,250 lakh
- Unidentified Acquisitions & General Corporate Purposes – capped at 35% of proceeds (max 25% for acquisitions)
- No debt repayment or working capital allocation stated.
Red Flags Ace Alpha Tech IPO
- ✅ Sudden Profit Spike: Net profit more than doubled in FY24 vs. FY23.
- ✅ Large OFS Component: ~24% of issue is OFS — promoters cashing out.
- ✅ Unidentified Acquisitions: Unclear plans raise governance concerns.
- ⚠️ No Long-Term Debt Repayment: Could indicate leverage buildup risk later.
- ❌ Auditor Qualification: None reported.
- ❌ Legal Proceedings: No material litigations disclosed.
Risk Factors of Ace Alpha Tech IPO
- High dependency on promoter decisions.
- Unidentified acquisitions may pose integration risk.
- No long-term debt repayment – potential future funding stress.
- Cybersecurity and tech obsolescence are inherent risks.
- Heavy reliance on SME IPO market sentiment
Ace Alpha Tech IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Company Address
Ace Alpha Tech Limited
A/28 1st Floor,
Jhilmil Industrial Area, ,
Shahdara
East Delhi, New Delhi, 110095
Phone: +91 8851347242
Email: compliance@acealphatech.in
Website: http://www.acealphatech.in/
Ace Alpha Tech IPO FAQs
When Ace Alpha Tech IPO will open for subscription?
The IPO is to open on June 26, 2025 for QIB, NII, and Retail Investors. The IPO will close on June 30, 2025.
What is Ace Alpha Tech IPO Issue Size?
Ace Alpha Tech IPO issue size is ₹47.15 crores.
What is Ace Alpha Tech IPO Price Band?
Ace Alpha Tech IPO Price Band is ₹101 to ₹107.
What is Ace Alpha Tech IPO Lot Size?
The minimum bid is 1200 Shares with ₹1,28,400 amount.
What is the Ace Alpha Tech IPO Allotment Date?
Ace Alpha Tech IPO allotment date is July 1, 2025.
What is the Ace Alpha Tech IPO Listing Date?
Ace Alpha Tech IPO listing date is July 3, 2025. The IPO is to list on BSE.
What does Ace Alpha Tech do?
It provides IT consulting, software, and digital transformation services.
Why is the company raising funds?
For capital expenditure and future acquisitions.
Is the company profitable?
Yes, with improving margins and positive cash flows.
Any major red flags?
Yes: OFS size, recent profit surge, and vague acquisition plan.
Promoter shareholding post-IPO?
Will reduce significantly from 55.80%
Are there any legal issues pending?
None reported.
How does it compare with peers?
Financials are strong for SME, but premium valuation likely if priced aggressively.