Acetech E-Commerce IPO
Bookbuilding IPO | ₹49.00 Cr | Listing at NSE SME
Open
IPO Open
Fri, Feb 27, 2026
IPO Close
Wed, Mar 04, 2026
Price Band
₹106.00 to ₹112.00
Market Cap (Pre-IPO)
₹183.50 Cr
IPO Details
| IPO Date | Feb 27, 2026 to Mar 04, 2026 |
| Listing Date | Tentative: Mar 09, 2026 |
| Face Value | ₹10.00 per share |
| Price Band | ₹106.00 to ₹112.00 |
| Lot Size | 1200 Shares (Minimum: ₹134,400.00) |
| Sale Type | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Issue Size | ₹49.00 Crores |
| Total Shares Offered | 4,370,400 shares |
| Offer For Sale | 4,370,400 shares |
Acetech E-Commerce IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Acetech E-Commerce IPO Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹268,800 |
| Retail (Max) | 2 | 2,400 | ₹268,800 |
| S-HNI (Min) | 3 | 3,600 | ₹403,200 |
| S-HNI (Max) | 7 | 8,400 | ₹940,800 |
| B-HNI (Min) | 8 | 9,600 | ₹1,075,200 |
Acetech E-Commerce Financial Information (Restated Consolidated)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 29.40 | 19.44 | 15.37 | 18.05 |
| Total Income | 40.44 | 70.41 | 60.28 | 52.48 |
| Profit After Tax | 5.74 | 6.88 | 4.02 | 1.52 |
| EBITDA | 7.78 | 9.34 | 6.64 | 2.42 |
| NET Worth | 22.12 | 12.77 | 5.89 | 1.87 |
| Reserves and Surplus | 10.11 | 3.76 | 5.88 | 1.86 |
| Total Borrowing | 0.43 | 0.49 | 2.57 | 0.50 |
Amount in ₹ Cr
Key Performance Indicators
As of Monday, March 31, 2025| KPI | Values |
|---|---|
| ROE (Return on Equity) | 73.75% |
| ROCE (Return on Capital Employed) | 71.12% |
| Debt/Equity | 0.04 |
| RoNW (Return on Net Worth) | 73.75% |
| PAT Margin (Profit After Tax Margin) | 9.79% |
| EBITDA Margin | 13.29% |
| Price to Book Value | 7.90 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 5.73 | 7.00 |
| P/E (x) | 19.56 | 16.00 |
| Promoter Holding | 87.81% | - |
Company Promoters
- Ms. Sweta Bippinkumar Saraogi
- Mr. Bippinkumar Vijay Saraogi and Ms. Madhavi Govindprasad Sharma are the company promoters.
Company Overview
Acetech E-Commerce – Company Overview
- Incorporated in 2014, engaged in e-commerce operations including dropshipping, teleshopping, and cross-border selling.
- Deals in a wide range of consumer products, wellness products, merchandise, accessories, and human-centric goods through online platforms, stores, stalls, and kiosks in India and overseas.
Core Operations
- Product Research & Identification: Market analysis and trend-based product selection.
- Sourcing & Procurement: Vendor identification and cost-effective product procurement.
- Warehousing & Fulfilment: Inventory storage, packaging, and timely order dispatch.
- E-commerce Platform Management: Handling online marketplaces and digital storefronts.
- Marketing & Advertising: Performance marketing, digital campaigns, and brand promotions.
- Global Selling Expansion: Cross-border e-commerce and international market penetration.
Infrastructure & Workforce
- Operates warehouses in Bhiwandi, Bangalore, and Delhi to meet regional demand efficiently.
- Workforce strength of 59 employees as of September 30, 2025.
- Positioned as a growing Indian e-commerce and dropshipping company, focusing on digital retail, supply chain efficiency, and international online expansion.
Company Strengths
- Unique and Scalable Business Model
- Brand Development Capabilities
- Sector Experience
- Margin Potential
Use of Proceeds
| 1) | Marketing and Advertisement Expenditure | 1.70 |
| 2) | Working Capital Requirements | 7.00 |
| 3) | Funding inorganic growth through unidentified acquisitions and general corporate purposes. |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Acetech E-Commerce IPO Peer Comparison
Acetech E-Commerce peer comparison with similar listed entities. (As on March 31, 2025)| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Acetech E-Commerce Ltd. | 7.64 | 7.64 | 14.17 | - | 73.75 | - | - |
| Pace E-commerce Ventures Ltd | 1.47 | 1.47 | 33.83 | 15.56 | 4.34 | 0.48 | - |
Quick Info
| Sector | E-commerce/Retail |
| Exchange | NSE SME |
| Market Cap (Pre-IPO) | ₹183.50 Cr |
Important Dates
| IPO Open | Feb 27, 2026 |
| IPO Close | Mar 04, 2026 |
| Allotment Date | Mar 05, 2026 |
| Credit to Demat | Mar 06, 2026 |
| Listing Date | Tentative: Mar 09, 2026 |
Lead Manager(s)
Gretex Corporate Services Ltd.
Registrar
Skyline Financial Services Pvt.Ltd.
02228511022
Description
- IPO Type: Book build issue aggregating to ₹48.95 crores.
- Issue Structure: Entirely a fresh issue of 0.44 crore shares (₹48.95 crores).
- IPO Dates: The issue opens on February 27, 2026 and closes on March 4, 2026.
- Allotment Date: Expected to be finalized on March 5, 2026.
- Listing Details: Shares are proposed to be listed on the SME platform of the National Stock Exchange of India (NSE SME) on March 9, 2026 (tentative).
- IPO Price Band: ₹106 to ₹112 per equity share.
- Lot Size: 1,200 shares per lot.
- Retail Investment Requirement: Minimum 2 lots (2,400 shares) amounting to approximately ₹2,68,800 at the upper price band.
- HNI Investment Requirement: Minimum 3 lots (3,600 shares) totaling around ₹4,03,200.
The IPO offers investors an opportunity to participate in an SME e-commerce sector listing, subject to market risks.