| 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.
Price Band: Rs. 101 to Rs. 107 per equity share of face value of Rs. 10 each.
The floor price is 10.1 times of the face value and the cap price is 10.7 times of the face value.
Bids can be made for the minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter. |