Initial public issue of upto 46,70,400 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 35,48,400 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 44,06,400 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 26.60% and 25.80% respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is Rs.10.00 each. the price band will be decided by the company in consultation with the book running lead manager ('brlm').
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