Delhi, India.
Initial public issue of upto 46,70,000* equity shares of face value of (₹)10/- each of ACE Alpha Tech Limited for cash at a price of (₹)69 per equity share (including a share premium of (₹)59 per equity share) ("issue price") aggregating to (₹)32.22 crores comprising a fresh issue of up to 35,48,000 equity shares aggregating up to (₹)24.48 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 (₹)10/- each at a price of (₹)69 aggregating to (₹)7.74 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 (₹)10/- each at a price of (₹)69 aggregating to (₹)30.40 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.
Minimum Application for shares in Nos :
2000
Further Multiples of :
2000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
32.22
Narnolia Financial Services Ltd