Ace Alpha Tech Limited (AATL) is a financial technology company that offers advanced algorithmic trading systems, user management tools, and infrastructure support to institutional investors, proprietary trading desks, brokers, and B2B retail traders.
The company originated as “DM Prime Square Research & Analytics Private Limited” in 2012 and rebranded to its current name after transitioning to a public limited entity in 2024.
🚀 Core Offerings:
- Institutional-Grade Trading Solutions
Customizable front-end algorithms layered on top of existing OMS/RMS, enhancing efficiency and minimizing risk. - Simulated Backtesting Environments
Clients can test strategies in sandbox environments before deploying in live markets. - User & Risk Management Systems
Automates onboarding, access control, compliance checks, and risk monitoring. - Proprietary Trading Platform
Designed for high-volume traders with integrated tools for execution, strategy testing, and analytics. - End-to-End Tech Stack
Includes hardware provisioning (servers, infrastructure), annual maintenance, and integrated dashboards aggregating OMS, RMS, market feeds, and analytics tools. - Revenue Model Highlights
- Software licensing (SaaS & one-time)
- Custom solution development
- Technology consultation and integration
- Infrastructure provisioning (hardware)
- Annual maintenance contracts
- Platform access and user-based pricing
- Performance-based proprietary system fees
This dynamic fintech player stands out with its ability to offer custom-built algorithmic ecosystems, enabling traders to automate, test, and optimize — all within a secure and scalable infrastructure.
As of March 31, 2024, the company has 9 employees on payroll.
Ace Alpha Tech IPO – Details
| IPO Opening Date | 26 June 2025 |
| IPO Closing Date | 30 June 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 46,70,000 Shares Worth ₹32.22 Crore Fresh Issue: 35,48,400 Shares Worth ₹22.66 Crore Offer For Sale: 11,22,000 Shares Worth ₹7.74 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹65 – ₹69 per share |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares (1 Lot) |
| Listing At | BSE SME |
| Registrar | Skyline Financial Services Private Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Ace Alpha Tech IPO – Date Schedule
| IPO Open Date | 26 June 2025 |
| IPO Close Date | 30 June 2025 |
| Basis of Allotment | 01 July 2025 |
| Initiation of Refund | 02 July 2025 |
| Credit of Shares to Demat | 02 July 2025 |
| IPO Listing Date | 03 July 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 30, 2025 |
Ace Alpha Tech IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,38,000 |
| Retail (Max) | 1 | 2000 | ₹1,38,000 |
| HNI (Min) | 2 | 4000 | ₹2,76,000 |
Competitive Strengths
- Customized Solutions.
- Diverse Customer Segments.
- Strong Revenue Model.
- Skilled Team and Resources.
- Future Growth Potential.
Company Promoters
- Gaurav Sharma
- Arika Securities Private Limited
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2022 | 0.36 | 0.18 | 0.13 | 0.00 |
| 31 March 2023 | 4.94 | 0.50 | 3.32 | 0.00 |
| 31 March 2024 | 15.35 | 1.29 | 10.53 | 0.00 |
| 31 December 2024 | 12.71 | 1.40 | 8.47 | 0.00 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 0.82 |
| ROCE | 109.31% |
| RoNW | 47.91% |
| PAT Margin | 70.81 |
| Price to Book Value | 1.55 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.52 | 6.43 |
| P/E (x) | 14.24 | 16.64 |
Object Of The Issue
| S.No. | Objects of the Issue | Expected Amount (in Crore) |
|---|---|---|
| 1 | Capital Expenditure | To be finalized |
| 2 | Unidentified Acquisition and General Corporate Purposes | To be finalized |
Ace Alpha Tech IPO Peer Comparison
| S. No. | Face Value | Company Name | P/E |
|---|---|---|---|
| 2 | 2 | 63 Moons Technologies Ltd | 22.96 |
Strengths
- Customized and comprehensive trading solutions that combine order management, risk controls, and execution on a single platform.
- Serves a diverse clientele including institutional investors, proprietary desks, and retail brokers—reducing overreliance on any one segment.
- Multiple revenue streams from software licensing, platform access, infrastructure support, and consulting.
- Experienced technical team with a proven track record in delivering scalable algorithmic trading systems.
- Focus on product innovation, proprietary platform development, and strategic expansion supports long-term growth.
- Offers end-to-end IT infrastructure management, including hardware provisioning and maintenance.
- Strong customer support and technical assistance infrastructure enhances client satisfaction.
- Expertise in derivatives and financial technology ensures relevance in high-frequency and institutional trading environments.
Risks
- Business heavily focused on capital markets; adverse regulatory or market changes can significantly impact demand.
- Rapid changes in technology may render existing solutions obsolete without ongoing R&D and updates.
- Revenue dependence on a few key clients; any loss or drop in usage may materially affect financials.
- Heavy reliance on a limited team of skilled developers and engineers; attrition could disrupt service quality.
- High sensitivity to cybersecurity and data privacy risks due to handling sensitive trading operations.
- Future expansion via acquisitions is planned but not yet concretely defined, introducing strategic execution risk.
Ace Alpha Tech IPO Promoter Holding
| Pre Issue Share Holding | 55.80% |
| Post Issue Share Holding | 43.90% |
Ace Alpha Tech IPO Prospectus
Company Contact Information
| 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 Registrar
| Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
Ace Alpha Tech IPO Lead Manager(s)
| 1. Narnolia Financial Services Ltd |
Ace Alpha Tech IPO FAQ
| What is Ace Alpha Tech IPO ? Ace Alpha Tech IPO is a SME IPO. The issue is priced at ₹65 to ₹69 per equity share. The IPO is to be listed on BSE SME. |
| When Ace Alpha Tech IPO will open? The IPO is to open on 26 June 2025 for QIB, NII, and Retail Investors. |
| What is Ace Alpha Tech IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Ace Alpha Tech IPO? You can apply Ace Alpha Tech IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Ace Alpha Tech IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Ace Alpha Tech IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Ace Alpha Tech IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Ace Alpha Tech IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Ace Alpha Tech IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Ace Alpha Tech IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Ace Alpha Tech IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Ace Alpha Tech IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Ace Alpha Tech IPO Size? Ace Alpha Tech IPO size is ₹32.22 Crore. |
| What is the Ace Alpha Tech IPO Price Band? Ace Alpha Tech IPO Price Band is ₹65 to ₹69. |
| What is Ace Alpha Tech IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 2000 Shares with ₹1,38,000 amount while the maximum bid is 2000 Shares with ₹1,38,000. |
| What is the Ace Alpha Tech IPO Allotment Date? Ace Alpha Tech IPO allotment date is 01 July 2025. |
| What is the Ace Alpha Tech IPO Listing Date? Ace Alpha Tech IPO listing date is 03 July 2025. The IPO is to be listed on the BSE SME. |
