Acetech E-Commerce IPO...
21 Feb, 2026
Acetech E-Commerce IPO
The Acetech E-Commerce IPO is a book-build issue of 43.70 lakh shares worth up to ₹49 Cr, which is entirely a fresh issue of shares. The price band of this IPO is set at ₹106 to ₹112, with the lot size for an application is 1,200. The minimum amount of investment required by an individual investor is ₹2,68,800 (2,400 shares). The IPO will be open for subscription on the NSE SME platform from Feb 27 to Mar 4, 2026, with a tentative listing date fixed as Mar 9, 2026.
Company Background
Acetech E-Commerce Ltd. was incorporated in 2014, formerly as a limited liability partnership firm (LLP) in Maharashtra. The company is in the digital retail ecosystem. The company specializes in an integrated commerce model that combines product identification, global sourcing and multi-channel distribution. By leveraging data-driven marketplace analytics, it organizes high-potential consumer goods across wellness, lifestyle and home care categories.
Operations and Product Range
Facility and Production
Acetech E-Commerce Ltd. operates a strong logistical network with dedicated fulfillment centers to cover PAN-India (in Bhiwandi, Bangalore and Delhi). Although the company is in the drop-shipping and sourcing business, it has custom facilities designed for high-volume warehousing, quality checks and efficient packaging to support its extensive teleshopping and D2C networks.
Brand and Market Presence
Acetech E-Commerce Ltd. has created a niche for itself in the "problem-solver" product category, heavily advertising on Naaptol, Shop101 and GlowRoad. The company has the capacity to identify popular global products and quickly bring them to the Indian middle market. The company currently has over 50 lakh customers and is aggressively expanding its global reach through cross-border e-commerce initiatives.
Revenue Channels
- • Direct sales through company-owned e-commerce portals.
- • Commission-based revenue from listings on major Indian shopping platforms.
- • Strategic partnerships with televised retail channels for mass-market product distribution.
- • Revenue generated from global selling and international product fulfillment.
Management and Shareholding
Promoter and Shareholding
Acetech E-Commerce Ltd. is led by its key promoters: Sweta Bippinkumar Saraogi, Bippinkumar Vijay Saraogi and Madhavi Govindprasad Sharma. Before the IPO, the promoters held a dominant 87.81% stake, but after the IPO, the promoters will be diluted to accommodate public investors while maintaining strong promoter control over strategic operations.
Board Members
The leadership team of Acetech E-Commerce Ltd. is headed by Bippinkumar Vijay Saraogi (Managing Director) and Sweta Bippinkumar Saraogi (Whole-time Director). The board is further strengthened by Madhavi Govindprasad Sharma (Non-Executive Director) and Basanti Negi and Manish Rawal (Independent Directors), ensuring a balance of operational expertise and regulatory oversight and CS Vandana Mahesh Chandak.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Acetech E-Commerce IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Acetech E-Commerce IPO Details
| Detail | Description |
|---|---|
| IPO Date | 27 Feb to 4 Mar, 2026 |
| Listing Date | Mon, Mar 9, 2026 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹106 to ₹112 |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 43,70,400 shares (agg. up to ₹49 Cr) |
| Reserved for Market Maker | 2,19,600 shares (agg. up to ₹2 Cr) Arihant Capital Markets Ltd. |
| Net Offered to Public | 41,50,800 shares (agg. up to ₹46 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,20,13,335 shares |
| Share Holding Post Issue | 1,63,83,735 shares |
Acetech E-Commerce IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Fri, Feb 27, 2026 |
| IPO Close Date | Wed, Mar 4, 2026 |
| Tentative Allotment | Thu, Mar 5, 2026 |
| Initiation of Refunds | Fri, Mar 6, 2026 |
| Credit of Shares to Demat | Fri, Mar 6, 2026 |
| Tentative Listing Date | Mon, Mar 9, 2026 |
| Cut-off time for UPI mandate confirmation | - |
Acetech E-Commerce IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,68,800 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,68,800 |
| S-HNI (Min) | 3 | 3,600 | ₹4,03,200 |
| S-HNI (Max) | 7 | 8,400 | ₹9,40,800 |
| B-HNI (Min) | 8 | 9,600 | ₹10,75,200 |
Acetech E-Commerce IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 87.81% |
| Promoter Holding Post Issue | - |
Competitive Strength:
- • Diversified service portfolio and unique business model
- • Experienced management and promoters team
- • In-depth R&D and excellent e-commerce platform management
- • Strategic warehouse units to cater to regional demand
Acetech E-Commerce IPO Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30 Sep 2025 | 29.40 | 40.44 | 5.74 | 22.12 | 10.11 | 0.43 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2025 | 19.44 | 70.41 | 6.88 | 1.87 | 3.76 | 0.49 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 15.37 | 60.28 | 4.02 | 5.89 | 5.88 | 2.57 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 18.05 | 52.48 | 1.52 | 12.77 | 1.86 | 0.49 | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 32.88% |
| ROCE | 34.46% |
| Debt/Equity | 0.02x |
| RoNW | 32.88% |
| PAT Margin | 14.19% |
| EBITDA Margin | 19.25% |
| Price to Book Value | 5.82 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.73 | 7.00 |
| P/E (x) | 19.56 | 16 |
IPO Objectives
- • Investment in marketing and advertising
- • Funding the working capital requirements
- • Funding the capital expenditure of inorganic growth and unidentified acquisition
- • General Corporate purposes
Conclusion
The Acetech E-Commerce IPO acts as an opportunity for investors to invest in a growing company that follows a high-demand niche of e-commerce activities with multiple unique business models. The company planned to use proceeds from this issue for the expenses of marketing and advertising, funding the inorganic growth and working capital requirements. The company has maintained a positive financial statement for the past years.
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Frequently Asked Questions (FAQs)
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What does Acetech E-Commerce Ltd. do?
The company is engaged in e-commerce activities, which include dropshipping, teleshopping and cross-border selling.
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What is the total issue size of the Acetech E-Commerce IPO?
The total issue size of this IPO is 43.70 lakh shares that are worth up to ₹49 Cr.
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What are the subscription opening and listing dates for the Acetech E-Commerce IPO?
The subscription opening date is finalized from Feb 27 to Mar 4, 2026 and the listing date is March 4, 2026.
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Who are the BRLM and Registrar of the Acetech E-Commerce IPO?
The Book Building Lead Manager (BRLM) for this issue is Gretex Corporate Services Ltd. and the registrar to the issue is Skyline Financial Services Pvt. Ltd.
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What is the issue type of the Acetech E-Commerce IPO and where will the shares be listed?
This issue is a bookbuilding IPO. The equity shares will be listed on the NSE SME platform.
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How will Acetech E-Commerce Ltd. use its IPO proceeds?
IPO proceeds will be used for the investment in marketing and advertising expenditures, funding the working capital requirement, funding the inorganic growth and the rest for the general corporate purposes.
