Ace Alpha Tech IPO Opens on NSE SME; Check Price Band, GMP, Subscription Status
NOOR MOHMMED
26/Jun/2025

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Ace Alpha Tech Ltd. has launched its IPO on the NSE SME platform, aiming to raise around ₹25.30 crore.
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The issue is priced in the ₹68–₹72 per share range.
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GMP (Grey Market Premium) is currently reported between ₹9–₹11, hinting at a 13–15% listing premium.
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Ace Alpha Tech, a technology-driven company providing automation, IoT, and smart infrastructure solutions, has opened its IPO for subscription.
The company serves multiple sectors including industrial automation, energy management, and smart buildings, with a growing B2B customer base across India and Southeast Asia.
IPO Details Summary
Particulars Details IPO Size ₹25.30 crore (approx.) Price Band ₹68 – ₹72 per share Lot Size 1,600 shares Face Value ₹10 per share Issue Opens June 28, 2025 Issue Closes July 2, 2025 Listing Platform NSE SME Tentative Listing Date July 8, 2025
Grey Market Premium (GMP) & Listing Expectations
As of now, the Ace Alpha Tech IPO GMP is reportedly around ₹9–₹11, suggesting:
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Expected listing price: ₹81–₹83
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Listing gain: 13–15% over upper band price of ₹72
Expert View:
Ideal for short-term IPO investors looking for listing gains. Long-term investors should monitor client retention and tech development outcomes post-listing.
Risks:
SME stocks are subject to illiquidity and volatility
High dependence on customized project execution
Revenue linked to capex cycles of client industries
Should You Apply for Ace Alpha Tech IPO?
Positives:
Operating in high-growth automation and IoT sectors
Steady B2B order book with scalable model
GMP suggests strong listing sentiment
Clients include industries, real estate developers, and infrastructure agencies.
Utilization of IPO Proceeds
Funds raised through the IPO will be used for:
R&D in smart technologies
Working capital requirements
Infrastructure expansion
General corporate purposes
Note: GMP is unofficial and may vary depending on market sentiment and subscription levels.
Company Overview: Ace Alpha Tech Limited
Ace Alpha Tech is engaged in:
Automation and control system integration
IoT-based energy and infrastructure monitoring
Customized software for smart systems
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Investors are advised to consult with certified financial advisors and read all documents carefully before making investment decisions. Market conditions are subject to change.
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