Ace Alpha Tech IPO Subscription Status: Day 3 Soars to 101.75 Times

Ace Alpha Tech's initial public offering (IPO) has demonstrated exceptional investor demand through its third and final day of subscription, with Ace Alpha Tech's stock price set at ₹65-69 per share, reflecting overwhelming market reception. The ₹32.22 crore IPO has witnessed remarkable progress, surging dramatically to 101.75 times by 5:04:33 PM on day three, indicating extraordinary investor interest in this financial technology solutions company incorporated in 2012.

Ace Alpha Tech IPO non-institutional investors segment leads with phenomenal 170.79 times subscription, whilst retail investors demonstrate exceptional participation at 91.92 times and qualified institutional buyers show strong interest at 67.06 times, reflecting tremendous investor confidence in this company providing institutional trading tools, B2B retail trading platforms, user management systems, and proprietary trading systems serving diverse clientele with emphasis on seamless order management and risk mitigation.

Ace Alpha Tech IPO subscription reached an exceptional 101.75 times on day three, led by NII (170.79x), Retail (91.92x), and QIB (67.06x). Total applications reached 75,768.

Subscription Status of Ace Alpha Tech IPO:

Here are the subscription details for Ace Alpha Tech IPO as of Day 3 (June 30, 2025, 5:04:33 PM):

Key Highlights - Day 3:

• Overall subscription reaching an exceptional 101.75 times, a massive surge from day two's 1.05 times
• NII segment leading with phenomenal demand at 170.79 times, a dramatic increase from day two's 1.31 times
• Retail segment demonstrating exceptional participation at 91.92 times, a significant jump from day two's 1.54 times
• QIB segment showing strong interest at 67.06 times, dramatically increasing from day two's 0.00 times
• The final day witnessed exceptional participation across all investor categories, driving overall subscription performance
• Total applications reached 75,768, indicating massive investor participation for this SME IPO
• The cumulative bid amount reached ₹2,166.56 crores against the issue size of ₹32.22 crores

Ace Alpha Tech IPO - Day 2 Subscription at 1.05 Times

Key Highlights - Day 2:

• Overall subscription improving to 1.05 times from day one's 0.44 times
• Retail segment showing solid growth at 1.54 times, building momentum from day one's 0.58 times
• NII segment demonstrating steady growth at 1.31 times, an increase from day one's 0.69 times
• QIB segment maintains no participation at 0.00 times, unchanged from day one
• Day two demonstrated building retail and NII confidence ahead of the extraordinary final day performance

Ace Alpha Tech IPO - Day 1 Subscription at 0.44 Times

Key Highlights - Day 1:

• Overall subscription opening cautiously at 0.44 times, showing modest initial investor interest
• NII segment leading early participation at 0.69 times, indicating positive high-net-worth sentiment
• Retail segment showing moderate early interest at 0.58 times, reflecting cautious individual investor confidence
• QIB segment demonstrating no participation at 0.00 times, indicating reserved institutional sentiment
• Opening day demonstrated mixed initial engagement with limited institutional response

About Ace Alpha Tech Limited

Incorporated in 2012, Ace Alpha Tech Limited provides financial technology solutions, including institutional trading tools, B2B retail trading platforms, and proprietary trading systems. The company serves institutional investors and retail traders with a focus on order management and risk mitigation, employing nine personnel as of March 31, 2024.

Financial performance shows revenue declining from ₹15.35 crores in FY2024 to ₹12.71 crores in nine months ended December 2024, whilst profit after tax decreased from ₹10.65 crores to ₹8.47 crores. The company maintains exceptional profitability metrics with 109.31% ROCE and 70.81% PAT margin. Post-IPO P/E ratio of 10.73x appears reasonable, though transparency concerns regarding price band reduction raise compliance questions despite strong market interest in fintech solutions.