Acetech E-Commerce IPO is a book-built issue with a total size of ₹48.95 crore. The entire issue consists of a fresh issue of 0.44 crore shares, aiming to raise funds for the company’s business needs. The IPO opens for subscription on February 27, 2026, and will close on March 4, 2026.
The basis of allotment is expected to be finalised on March 5, 2026, and the shares are likely to be listed on NSE SME on March 9, 2026. The price band for the issue is set between ₹106 and ₹112 per share, offering investors an entry at different levels.
The minimum application size is 1,200 shares, making the minimum investment for retail investors ₹2,68,800 at the upper band. For HNI investors, the minimum lot size is 3 lots, equivalent to 3,600 shares, amounting to ₹4,03,200.
Gretex Corporate Services Limited is acting as the book running lead manager, while Skyline Financial Services Private Limited has been appointed as the registrar to the issue. Arihant Capital Markets Limited is serving as the market maker for this IPO.
Acetech E-Commerce IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- Funds will be used for marketing and advertisement expenditure.
- Investment will go into funding inorganic growth through unidentified acquisitions and general corporate purposes..
- Part of the proceeds will meet working capital needs.
About Acetech E-Commerce Limited
Incorporated in 2014, Acetech Ventures LLP was established to carry on the business of purchasing, selling, distributing, trading, acting as an agent, franchising, collaborating, exporting, merchandising, designing, packaging, and dealing in various products, goods, commodities, merchandise, accessories, equipment, wellness products, and other human-centric products through online portals or websites, as well as via e-commerce platforms, internet and intranet channels, and physical formats such as stores, stalls, or kiosks across India and abroad, or through any other permissible mode.
Acetech E-Commerce Limited (formerly known as Acetech Ventures Limited) operates in the e-commerce sector with a focus on drop shipping, teleshopping, and direct-to-consumer business strategies. Originally incorporated as a limited liability partnership, the Company was restructured into a public limited company in 2024 and has since strengthened its capabilities in e-commerce management, warehousing, and global selling solutions.
The Company distributes products through major online platforms such as Naaptol, Shop101, and GlowRoad, in addition to its own dedicated online portals.
The Company’s business model centres on identifying innovative and trending products and sourcing them primarily from domestic manufacturers and traders, with the majority of procurement activities conducted within Maharashtra, while also exploring selective sourcing opportunities from international markets. Its core competency lies in anticipating consumer demand by curating products with strong market potential, thereby supporting profitability and sustainable growth.
The Company’s principal activities include:
- Product research and identification
- Sourcing and procurement
- Warehousing and fulfilment
- E-commerce platform management
- Marketing and advertising
- Global selling and cross-border expansion
The e-commerce industry has experienced significant growth in recent years, transforming consumer purchasing behaviour and business operations. This expansion has been driven by increasing smartphone penetration, advancements in mobile commerce such as mobile wallets and one-click checkout, and emerging technologies including augmented reality shopping experiences.
E-commerce platforms have enabled businesses to transcend geographical boundaries and access global markets efficiently. In alignment with these developments, the Company is strategically focused on expanding its cross-border selling capabilities to access international markets.
The Company’s operating model is built on leveraging emerging product trends and evolving market dynamics. Through continuous product research, it identifies products with strong consumer acceptance potential and sources them from manufacturers or traders.
These products are promoted digitally to a global customer base through social media and other online channels, facilitating broad market reach and efficient demand generation. Although product life cycles are generally short, initial demand levels are typically strong, enabling the Company to benefit from premium pricing opportunities and attractive margins.
Industry Outlook
- Government initiatives such as Digital India are accelerating digital adoption and encouraging consumers and businesses to shift toward online modes of commerce.
- Favourable foreign direct investment (FDI) policies are attracting global and domestic players, supporting capital inflow, technological advancement, and expansion of the e-commerce ecosystem.
- The proposed National E-commerce Policy aims to establish a structured regulatory framework, including safeguards governing cross-border data flow and data sharing, thereby strengthening trust and compliance in the sector.
- Increasing internet penetration and rising awareness of digital platforms are drawing a larger population toward online shopping and e-commerce participation.
- Sellers, buyers, users, and investors are increasingly adopting online commercial transactions, contributing to the rapid expansion of the digital commerce environment.
- India’s strong occasion-driven consumption patterns, along with increasing FDI inflows, domestic investments, and support from key industry participants, continue to drive growth in the e-commerce sector.
- Significant investments in infrastructure and logistics are enhancing supply chain efficiency.
How To Apply for the Acetech E-Commerce IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Acetech E-Commerce IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
How To Check the Allotment Status of Acetech E-Commerce IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Contact Details of Acetech E-Commerce Limited
Registered office: 1234/C/1 to 1234/C/6 Gala, Bldg B-5 Prithvi complex, Anjur, Thane, Bhiwandi, Mumbai, Maharashtra, 421302
Phone:+91 84849 93426
E-mail: info@acetechecommerce.com
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 Details
| 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 |
Key Performance Indicators for Acetech E-Commerce IPO
| Particulars | For the Six Month Period Ended September 30, 2025 |
| Revenue from Operations (₹ in Lakhs) | 4,043.47 |
| EBITDA (₹ in Lakhs) | 778.32 |
| EBITDA Margin % (3) | 19.25 |
| PAT (₹ in Lakhs) | 573.6 |
| PAT Margin % | 14.19 |
| Networth | 2,211.90 |
| RoE % | 32.88 |
| RoCE % | 34.46 |
Acetech E-Commerce IPO Registrar and Lead Managers
Acetech E-Commerce IPO Lead Managers
- Gretex Corporate Services Limited
Registrar for Acetech E-Commerce IPO
Skyline Financial Services Private Limited
- Contact Number: 02228511022
- Email Address: ipo@skylinerta.com
Financial Performance of Acetech E-Commerce Limited
| Particulars | FY Ended March 31, 2025 | FY Ended March 31, 2024 | FY Ended March 31, 2023 |
| Revenue from Operations (₹ in Lakhs) | 7,028.05 | 6,024.82 | 5,237.82 |
| EBITDA (₹ in Lakhs) | 934.24 | 664.09 | 241.6 |
| EBITDA Margin % (3) | 13.29 | 11.02 | 4.61 |
| PAT (₹ in Lakhs) | 687.97 | 402.14 | 151.56 |
| PAT Margin % | 9.79 | 6.67 | 2.89 |
| Networth | 1,276.84 | 588.87 | 186.73 |
| RoE % | 73.75 | 103.7 | 136.61 |
| RoCE % | 71.12 | 78.38 | 104.48 |
Acetech E-Commerce Limited Peer Comparison
| Company Name | Revenue FY 2024–25 (₹ lakh) | EBITDA Margin (%) | ROCE (%) | PAT FY 2024–25 (₹ lakhs) |
| Acetech E-Commerce Limited | 7,028.05 | 13.29 | 71.12 | 687.97 |
| Pace E-Commerce Limited | 7,213.87 | 5.92 | 6.05 | 330.83 |
Strengths and Opportunities of Acetech E-Commerce Limited
- The Company operates a flexible and scalable business model focused on identifying short cycle product trends, enabling efficient sourcing and rapid digital marketing while maintaining minimal inventory risk.
- The operating framework allows timely entry into emerging consumer trends, supporting quick scaling of high demand products across multiple e-commerce platforms.
- Strong brand development capabilities have been established through its subsidiary, Conceptive Brains Private Limited, which has created niche brands in personal care, ayurvedic, and eco-friendly homecare categories.
- The Company’s international presence is strengthened through Acetech Ventures Inc., USA, which collaborates with local brands and leverages a drop shipping model for multi-platform distribution.
- Nearly a decade of industry experience since 2014 has enabled the Company to build expertise in consumer demand analysis, product lifecycle management, and e-commerce execution.
- Accumulated operational knowledge supports the Company’s ability to adapt quickly to changing market trends and efficiently scale business operations.
- The Company focuses on products with strong early-stage demand, enabling premium pricing opportunities during initial product life cycles.
- Its trend driven product selection strategy enhances margin potential by capturing attractive profitability before market saturation and competitive pricing pressures emerge.
Risks and Threats of Acetech E-Commerce Limited
- Disruption arising from trade restrictions, geopolitical developments, logistics constraints, or regulatory changes may adversely affect product availability, pricing, and revenue growth.
- The Company operates from leased premises and does not own its registered office or warehousing facilities, exposing operations to risks related to lease non-renewal, early termination, rental escalation, or relocation disruptions that may increase operating costs and affect fulfilment efficiency.
- Dependence on strategically located leased warehouses creates operational risk, as relocation or transition to alternative facilities may lead to order processing delays, higher logistics costs, and potential reputational impact.
- The Company has reported negative operating cash flows in recent periods due to higher working capital requirements, increasing receivables, and expansion-related investments, which may affect liquidity, operational flexibility, and future growth plans if sustained.
- The business model relies on rapidly commercializing trending products with short life cycles, creating revenue volatility, inventory obsolescence risk, forecasting challenges, and potential margin pressure if consumer demand shifts unexpectedly.
- Ongoing legal proceedings, including matters under the Legal Metrology Act, 2009, present regulatory and reputational risks, and any adverse outcome or penalties could materially affect financial performance and operations.
- A significant portion of revenue is generated from a limited number of customers and platforms, and the absence of long-term agreements increases the risk of revenue concentration and potential business disruption if key customers discontinue engagements.
- The Company’s reliance on a limited number of vendors and marketplace partners exposes it to supply chain and distribution risks, where disruptions, pricing changes, or loss of key relationships could negatively impact business continuity and profitability.
