Last Updated:June 30, 2025, 18:16 IST
The GMP of the Ace Alpha Tech IPO is 37.68% today. It shows strong listing gains for investors.
Ace Alpha Tech IPO GMP Today.
Ace Alpha Tech IPO GMP Today: The initial public offering of Ace Alpha Tech Ltd has been closed at 5 pm today, Monday, June 30. The IPO has received a whopping response amid an upbeat GMP. On the final day of bidding on Monday, the Rs 32.22-crore BSE SME issue received a 101.75 times subscription, garnering bids for 31,39,94,000 shares as against the 30,86,000 shares on offer.
The retail and NII participation stood at 91.92 times and 170.79 times, respectively. Its qualified institutional buyer (QIB) category got a 67.06 times subscription.
Ace Alpha Tech, founded in 2012, provides legal and business consultancy services along with trading and risk management platforms. It offers products like institutional trading tools, B2B retail platforms, and proprietary trading systems, catering to both institutional and retail clients with a focus on security, compliance, and operational efficiency.
Ace Alpha Tech IPO GMP Today
According to market observers, the GMP of the Ace Alpha Tech IPO is 37.68% today. It shows strong listing gains for investors.
The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.
Ace Alpha Tech IPO Allotment And Listing Dates
The basis of allotment of the IPO will be finalised on Tuesday, July 1, 2025. Once finalised, the IPO allotment status can be check on websites of the BSE or registrar Skyline Financial Services Pvt Ltd.
The listing will take place on the BSE’s SME platform on Thursday, July 3.
Ace Alpha Tech IPO More Info
Ace Alpha Tech Limited’s Rs 32.22-crore IPO, which opened for bidding on June 26, comprises a fresh issue of 35.48 lakh equity shares aggregating to Rs 24.48 crore and an offer for sale (OFS) of 11.22 lakh shares worth Rs 7.74 crore. The company’s shares are proposed to be listed on the BSE SME platform, with the allotment expected on July 1 and the tentative listing date set for July 3, 2025.
The IPO is being offered in a price band of Rs 65 to Rs 69 per share. Retail investors are required to apply for a minimum of 2,000 shares, which brings the base investment amount to Rs 1,30,000. However, considering the likelihood of oversubscription, investors are advised to bid at the cutoff price, which takes the minimum investment to approximately Rs 1,38,000. For High Net-Worth Individuals (HNIs), the minimum application size is two lots (4,000 shares), amounting to Rs 2,76,000.
Narnolia Financial Services Ltd is the book-running lead manager for the issue, Skyline Financial Services Private Ltd is the registrar, and SS Corporate Securities Limited is acting as the market maker.
In terms of financial performance, Ace Alpha Tech has shown significant growth over the years. For the nine-month period ending December 31, 2024, the company reported revenue of Rs 12.71 crore and profit after tax of Rs 8.47 crore. For the full FY24, it posted revenue of Rs 15.35 crore and a net profit of Rs 10.65 crore, up from Rs 4.94 crore and Rs 3.32 crore, respectively, in FY23. In FY22, the company had negligible operations with revenue at Rs 0.36 crore and profit of Rs 0.13 crore.
The company’s assets stood at Rs 31.04 crore as of December 2024, up from Rs 23.02 crore at the end of FY24 and just Rs 5.22 crore in FY23. EBITDA also improved significantly to Rs 14.27 crore in FY24, compared to Rs 4.45 crore in FY23 and just Rs 0.18 crore in FY22. The net worth rose sharply from Rs 0.45 crore in FY22 to Rs 22.10 crore by FY24.

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously asso…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously asso… Read More
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