Registered Office:
A/28 1st Flr,Jhilmil Industrial Area,
Shahdara
-
110095,
Delhi, India.
Phone :
+011-4985 4818 Fax:
Email :
compliance@acealphatech.in
Website :
www.acealphatech.in
Initial public issue of upto 46,70,000 equity shares of face value of Rs.10/- each of ACE Alpha Tech Limited for cash at a price of Rs.[*] per equity share (including a share premium of Rs.[*] per equity share) ("issue price") aggregating to Rs.[*] crores comprising a fresh issue of up to 35,48,000 equity shares aggregating up to Rs.[*] crores and an offer for sale of up to 11,22,000 equity shares, of which 2,64,000 equity shares of face value of Rs.10/- each at a price of Rs.[*] aggregating to Rs.[*] crores will be reserved for subscription by market maker ("market maker reservation portion"), and net issue to public of 44,06,000 equity shares of face value of Rs.10/- each at a price of Rs.[*] aggregating to Rs.[*] crores (hereinafter referred to as the "net issue") the issue and the net issue will constitute 26.59% and 25.09% respectively of the post issue paid up equity share capital of the company.
Price Band: Rs. 65 to Rs. 69 per equity share of face value of Rs. 10 each.
The floor price is 6.5 times of the face value and the cap price is 6.9 times of the face value.
Bids can be made for the minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter.