Acetech E-Commerce was incorporated on December 04, 2014. The company operates in the e-commerce sector, focusing on drop shipping, teleshopping, and direct-to-consumer strategies, distributing products through platforms such as Naaptol, Shop101, and GlowRoad, along with its own portals. It sources trending products mainly from domestic suppliers in Maharashtra and select international markets, leveraging its ability to anticipate consumer demand to drive profitability and growth
| Bidding Dates |
|---|
| 27 Feb 2026 - 04 Mar 2026 |
| Subscription |
|---|
| 1.13x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,54,400 | 2 | 2 | 1200 | 4.4 M | ₹106 - ₹112 | 64.39 % | ₹463.3 M - ₹489.5 M | RHP DOC |
Acetech ECommerce IPO SUBSCRIPTION STATUS
04 Mar '26Acetech ECommerce IPO overall subscription rate was 1.13 times the total available shares
Acetech ECommerce IPO retail subscription rate was 1.1 times in the retail segment
Acetech ECommerce IPO non-institutional investor subscription rate was 1.83 times in the non-institutional investor category
Acetech ECommerce IPO Qualified Institutional Bidder subscription rate was 0.95 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
04 Mar 2026 (Day 3) | 1.1x | 1.83x | 0.95x |
02 Mar 2026 (Day 2) | 0.48x | 0.39x | 0.95x |
27 Feb 2026 (Day 1) | 0.4x | 0.04x | 0.2x |
Acetech ECommerce FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| H1FY26 | 40.4 | 5.7 | -2.8 | -2.8 | 19.3% |
| FY25 | 70.3 | 6.9 | -1.1 | -1.1 | 13.3% |
| FY24 | 60.2 | 4.0 | -0.5 | -0.5 | 11.0% |
| FY23 | 52.4 | 1.5 | 0.4 | 0.4 | 4.6% |
Acetech ECommerce IPO SUBSCRIPTION STATUS DETAILS
Acetech ECommerce had 4.4 M shares on offer
Acetech ECommerce IPO offer price was in the range ₹106 - ₹112
Acetech ECommerce IPO minimum Investment was ₹254400
Acetech ECommerce IPO issue size was ₹ 463.3 M - ₹ 489.5 M
Acetech ECommerce had a minimum lot size of 1200 Shares per application
Acetech ECommerce NUMBER OF SHARES ON OFFER
Acetech ECommerce IPO IMPORTANT DATES
| Issue Open Date | 27 Feb 2026 |
| Issue close Date | 04 Mar 2026 |
| Allotment Date | 05 Mar 2026 |
| Refund Date | 06 Mar 2026 |
| Demat Account Credit Date | 06 Mar 2026 |
| Listing Date | 09 Mar 2026 |
| Listing on Exchange(s) | NSE |
| Acetech ECommerce Allotment Status | Exchange/ Registrar |
Acetech ECommerce IPO subscription opened on 27 Feb 2026, and closed on 04 Mar 2026
IPO allotment for Acetech ECommerce was finalized on Thursday, 05 Mar 2026
IPO listing for Acetech ECommerce was on NSE on Monday, 09 Mar 2026
Acetech ECommerce IPO LISTING GAINS
| Issue Price (adjusted) | 112.0 |
| Listing Open Price | 112.0 |
| Listing Close Price | 117.6 |
| Listing Gain% | 0.0% |
| Current Gain% | 17.5% |
Acetech ECommerce Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Acetech E-Commerce Ltd. | 131.6 | 215.5 | 21 | 2.6 | 14.7 | 13.6 | 82.8 | 10.3 | 6.3 | ||||
| Lenskart Solutions Ltd. | 569.7 | 99054.9 | 200.7 | 11.2 | 5.6 | 3.4 | 8988.3 | 28.2 | 493.6 | 67 | 2.8 | ||
| Page Industries Ltd. | 39900 | 44504.1 | 58.3 | 12.2 | 8.5 | 50.8 | 26.7 | 5310.7 | 6.3 | 763.8 | 4.8 | 684.8 | 4.8 |
| Pearl Global Industries Ltd. | 2464.1 | 11381.8 | 36.7 | 1.5 | 2.1 | 19 | 8.6 | 5061.7 | 11.5 | 277.7 | 11.8 | 67.2 | 23.7 |
| Safari Industries (India) Ltd. | 1486.6 | 7267.4 | 44 | 4.1 | 3.4 | 15 | 11.6 | 2071.8 | 15.1 | 167.8 | 17.5 | 33.8 | 10.9 |
| Arvind Fashions Ltd. | 458.8 | 6132.7 | 51.3 | 0.1 | 1.1 | 13 | 2.9 | 5307 | 14 | 122.6 | 444.6 | 8.9 | 591.7 |
Acetech ECommerce INFORMATION ON IPO ISSUE
About Acetech ECommerce
Acetech E-Commerce was incorporated on December 04, 2014. The company operates in the e-commerce sector, focusing on drop shipping, teleshopping, and direct-to-consumer strategies, distributing products through platforms such as Naaptol, Shop101, and GlowRoad, along with its own portals. It sources trending products mainly from domestic suppliers in Maharashtra and select international markets, leveraging its ability to anticipate consumer demand to drive profitability and growth
Object of the Issue
- Marketing and advertisement expenditure
- Working capital requirements
- Funding inorganic growth through unidentified acquisitions and general corporate purposes
Acetech ECommerce - PROMOTERS
| Name |
|---|
| Sweta Bippinkumar Saraogi |
| Bippinkumar Vijay Saraogi |
| Madhavi Govindprasad Sharma |
Acetech ECommerce - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Bippinkumar Vijay Saraogi | Managing Director |
| Sweta Bippinkumar Saraogi | Whole-time Director & Chairman |
| Madhavi Govindprasad Sharma | Non-Executive Director |
| Basanti Devi Negi | Independent Director |
| Manish Rawal | Independent Director |
Acetech ECommerce Book Running Lead Manager
Gretex Corporate Services Limited
info@gretexgroup.com
Acetech ECommerce Registrar to the issue
Skyline Financial Services Private Limited
ipo@skylinerta.com
Acetech ECommerce Strengths
Scalable business model
The company has built a flexible business model focused on identifying short-term product trends, sourcing them efficiently, and marketing them digitally across global platforms. This enables quick scaling of high-demand products with minimal inventory risk and timely response to changing consumer preferences
Brand development capabilities
The company, through its subsidiary Conceptive Brains Private Limited, has developed niche brands in personal care, ayurvedic, and eco-friendly homecare categories. Its U.S.-based arm, Acetech Ventures Inc., expands international reach by partnering with local brands and using a drop shipping model to sell across multiple platforms
Margin potential
The company focuses on launching products with strong short-term demand, enabling early market entry and competitive positioning. These products often command premium pricing in their initial phase, allowing the company to achieve attractive margins before market saturation
Acetech ECommerce Risks
Depend on consumer preferences
The company’s business model focuses on quickly identifying and commercializing trending products with short life cycles, enabling early revenue gains but creating demand unpredictability and margin volatility. Rapid shifts in consumer preferences may lead to overstocking, markdowns, and working capital pressures if trends decline faster than anticipated
Operational risks
The company operates a hybrid fulfilment model with warehouses in Bhiwandi, Bangalore, and Delhi, along with self-shipping and third-party dropshippers, creating operational complexity and multiple dependency risks. Any warehouse disruption or forecasting inaccuracy could delay deliveries, increase costs, and adversely impact overall performance
Labour intensive
The company’s warehousing and fulfilment operations are labour intensive and face high attrition, leading to increased recruitment and training costs. Frequent turnover may reduce efficiency, cause operational errors, delay deliveries, and negatively impact customer satisfaction and platform ratings
IPO FAQs
The promoters of the company are Sweta Bippinkumar Saraogi, Bippinkumar Vijay Saraogi and Madhavi Govindprasad Sharma.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 106.0 - 112.0.
The IPO application opens on Feb 27, 2026 and closes on Mar 04, 2026.
The minimum lot size for the IPO is 2400. The maximum lot size for the IPO is 2400.
For all category investors, the minimum application amount for this IPO is Rs. 254,400.0, the maximum value for this IPO is Rs 268,800.0.
This IPO will be allotted on Mar 05, 2026.
The refund will be credited to your account on Mar 06, 2026.
The allotted shares will be credited to your demat on Mar 06, 2026.
Acetech E-Commerce Ltd.’s shares listed on the stock exchanges on Mar 09, 2026.