Comparison between Ace Alpha Tech IPO and Teja Engineering Industries IPO.
Ace Alpha Tech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Teja Engineering Industries IPO is a SME Fixed Price proposed to list at NSE SME.
| Ace Alpha Tech IPO | Teja Engineering Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Narnolia Financial Services Ltd. | Interactive Financial Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | SS Corporate Securities Ltd. | B.N.Rathi Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Ace Alpha Tech IPO is up to ₹30.40 Cr whereas the issue size of the Teja Engineering Industries IPO is up to ₹35.48 Cr. The final issue price of Ace Alpha Tech IPO is ₹69.00 per share and of Teja Engineering Industries IPO is ₹220.00 per share.
| Ace Alpha Tech IPO | Teja Engineering Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹65.00 per share | |
| Issue Price (Upper) | ₹69.00 per share | |
| Issue Price (Final) | ₹69.00 per share | ₹220.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 600 shares |
| Fresh Issue Size | 32,84,000 shares | 16,12,800 shares |
| Fresh Issue Size (Amount) | up to ₹22.66 Cr | up to ₹35.48 Cr |
| OFS Issue Size | 11,22,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹7.74 Cr | up to ₹0.00 Cr |
| Issue Size Total | 44,06,000 shares | 16,12,800 shares |
| Issue Size Total (Amount) | up to ₹30.40 Cr | up to ₹35.48 Cr |
Ace Alpha Tech IPO opens on Jun 26, 2025, while Teja Engineering Industries IPO opens on Jun 30, 2026. The closing date of Ace Alpha Tech IPO and Teja Engineering Industries IPO is Jun 30, 2025, and Jul 02, 2026, respectively.
| Ace Alpha Tech IPO | Teja Engineering Industries IPO | |
|---|---|---|
| Anchor Bid Date | Jun 25, 2025 | |
| Issue Open | Jun 26, 2025 | Jun 30, 2026 |
| Issue Close | Jun 30, 2025 | Jul 02, 2026 |
| Basis Of Allotment (Tentative) | Jul 01, 2025 | Jul 03, 2026 |
| Initiation of Refunds (Tentative) | Jul 02, 2025 | Jul 06, 2026 |
| Credit of Share (Tentative) | Jul 02, 2025 | Jul 06, 2026 |
| Listing date (Tentative) | Jul 03, 2025 | Jul 07, 2026 |
| Anchor Lockin End date 1 | Jul 31, 2025 | |
| Anchor Lockin End date 2 | Sep 29, 2025 |
Ace Alpha Tech IPO P/E ratio is 9.07, as compared to Teja Engineering Industries IPO P/E ratio of 25.85.
| Ace Alpha Tech IPO | Teja Engineering Industries IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 55.8 | 91.33 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 43.9 | 67.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.07 | 25.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹121.15 Cr. | ₹141.18 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 82 | 42.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 63.67 | 26.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.60 | ₹8.51 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 47.91 | 31.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ace Alpha Tech IPO Retail Individual Investors (RII) are offered 15,44,000 shares while in Teja Engineering Industries IPO retail investors are offered 15,44,000 shares. Qualified Institutional Buyers (QIB) are offered 8,80,000 shares in Ace Alpha Tech IPO and 0 shares in Teja Engineering Industries IPO.
| Ace Alpha Tech IPO | Teja Engineering Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,20,000 shares | 0 shares |
| Market Maker Reservation | 2,64,000 shares | 85,200 shares |
| QIB | 8,80,000 shares | 0 shares |
| NII | 6,62,000 shares | 8,06,400 shares |
| RII | 15,44,000 shares | 8,06,400 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 44,06,000 shares | 16,12,800 shares |
Ace Alpha Tech IPO subscribed 71.27x in total, whereas Teja Engineering Industries IPO subscribed 1.37x.
| Ace Alpha Tech IPO | Teja Engineering Industries IPO | |
|---|---|---|
| QIB (times) | 67.06x | |
| NII (times) | 170.79x | 1.81x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 91.92x | 0.32x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 71.27x | 1.37x |
