Ace Alpha Tech IPO Review

Ace Alpha Tech (Formerly Known as DM Prime Square Research & Analytics Private Limited) offers a comprehensive suite of professional systems for trading, risk management, and investment management. The company caters to a wide range of clients, including institutions, proprietary desks, and retail traders. By providing advanced technology solutions and personalized services, Ace Alpha helps clients manage trading risks, achieve profit growth, and streamline their operations.

Mr. Gaurav Sharma, aged 36 years is Chairman, Managing Director, Chief Financial Officer, and also the Promoter of the Company. He was re-designated on the Board on March 30, 2024 as the Chairman, Managing Director & Chief Financial Officer of the Company for a period of 5 years. With a total experience of 13 years, Gaurav Sharma brings a wealth of knowledge and expertise to the table.

The Revenues from operations for the period ended on Dec 31, 2024, Fiscals ended 2024, 2023 and 2022 were ₹  1,271.31 Lakh, ₹ 1,535.38 Lakh, ₹  494.02 Lakh and ₹ 36.16 Lakh respectively. The EBITDA for the period ended on Dec 31, 2024, Fiscals ended 2024, 2023 and 2022 were ₹  1,169.51 Lakh, ₹ 1,427.41 Lakh, ₹  444.55 Lakh, and ₹ 18.12 Lakh, respectively. The Profit after Tax for the period ended on Dec 31, 2024, Fiscals ended 2024, 2023 and 2022 were ₹  846.79 Lakh, ₹ 1,065.40 Lakh, ₹  332.31 Lakh, and ₹ 13.45 Lakh respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue EPS of ₹ 7.94 and post-issue EPS of ₹ 6.07 for FY24. The pre-issue P/E ratio is 13.48x, while the post-issue P/E ratio is 17.63x against the Industry P/E ratio is 23x. The company's ROCE for FY24 is 109.31%, ROE for FY24 is 82.00% and RoNW is 47.91%. The Annulaised EPS is ₹ 6.43 and annualised P/E Ratio is 16.64x. These metrics suggest that the IPO is fairly priced.

The Grey Market Premium (GMP) of Ace Alpha Tech showing listing gains of 12.14 %.Given the company's financial performance and the valuation of the IPO, we recommend Risky Investors to Apply to the Ace Alpha Tech Limited IPO for Listing gain.

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About the Author
CA Abhay Kumar (Also known as  CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms.