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Acetech E-Commerce SME IPO

Acetech E-Commerce IPO — date, price band, GMP & allotment 2026

Acetech E-Commerce SME IPO opened for subscription from 27 February to 4 March 2026 and the shares were listed on the NSE SME platform on 9 March 2026. The company was originally founded in 2014 and operates in the e-commerce and e-retail sector. Its business model focuses on drop-shipping, teleshopping, and direct-to-consumer online sales, distributing products through platforms like Naaptol, Shop101, and GlowRoad along with its own portals, with operations mainly across India.

Stock price

Acetech E-Commerce is listed — here is the live share price.

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The verdict
May Apply
60 / 100 · 1 review
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Grey market premium
₹0
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Overall, across all categories
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Minimum to apply
₹2,68,800
2 lots · 2400 shares at ₹112
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Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Timetable

Key dates from opening to listing. Today is 12 September.

Key dates Listed
  1. Open 27 Feb 2026
  2. Close 04 Mar 2026
  3. Allotment 05 Mar 2026
  4. Refund/credit 06 Mar 2026
  5. Listing 09 Mar 2026

Issue summary

The terms of the offer, as filed.

IPO Dates 27 Feb to 4 Mar, 2026
Price Band ₹106 – ₹112
Face Value ₹10
Lot Size 1200 Shares
Issue Size ₹48.95 Cr
Sale Type Fresh capital only
Listing On NSE SME
Registrar Skyline Financial Services Private Limited
Min Investment ₹ 2,68,800
Reservation
QIB 49.96%
NII 15%
Retail 35.04%

Share of the offer set aside for each investor category, as stated in the offer document.

What will it cost me?

Bidding is in multiples of 1200 shares at the ₹112 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.

shares
lots lots
Application Lots Shares Amount
Retail (min) 2 2,400 ₹2,68,800
Retail (max) 2 2,400 ₹2,68,800
HNI (min) 3 3,600 ₹4,03,200

Three years of numbers

All figures in ₹ crore, as reported in the Acetech E-Commerce offer document.

Total income
40.44
60
70
40
31 Mar 202431 Mar 202530 Sep 2025
Profit after tax
5.74
4
7
6
31 Mar 202431 Mar 202530 Sep 2025
EBITDA
7.78
7
9
8
31 Mar 202431 Mar 202530 Sep 2025
Borrowing vs net worth
0.43 / 22.12
31 Mar 202431 Mar 202530 Sep 2025
Borrowing Net worth
Metric 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

See how this IPO compares — view listing performance of all SME IPOs.

Valuation & key ratios

Ratios are for the latest full financial year reported in the Acetech E-Commerce RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.

P/E Ratio
16
EPS (₹)
7.00
RoCE
71.12%
RoNW
73.75%
PAT Margin
9.79%

Acetech E-Commerce IPO Valuation

How the issue prices the company before and after the fresh shares are created.

Valuation Metric Post-Issue
EPS (₹) ₹7.00
P/E Ratio (x) 16.00
Market Cap at Offer Price (₹ Cr) ₹91.84

Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹112 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.

Where the money goes

₹8.70 Cr of the issue is earmarked to named objects.

Marketing and Advertisement Expenditure ₹1.70 Cr
Working Capital Requirements ₹7.00 Cr
Funding inorganic growth through unidentified acquisitions and general corporate purposes. Not stated

About the company

Acetech E-Commerce is a relatively new-age company established with the aim of leveraging digital platforms to simplify product distribution and online retail operations. Since its inception, the company has focused on building a strong technology-driven ecosystem that connects suppliers, manufacturers, and end customers. Backed by experienced promoters with knowledge in trade and digital commerce, the company has gradually expanded its reach across multiple product categories.

The company primarily offers a wide range of products through its online platforms, catering to both B2B and B2C segments. Its business model revolves around efficient sourcing, inventory management, and last-mile delivery, ensuring seamless customer experience. By integrating logistics and technology, Acetech E-Commerce aims to optimise supply chains while maintaining competitive pricing, with a growing presence in domestic markets and plans to scale further.

Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.

Promoters
Bippinkumar Vijay Saraogi, Madhavi Govindprasad Sharma and Sweta Bippinkumar Saraogi
Promoter holding
1,20,13,335 1,63,83,735
Pre-issue → post-issue
Registered office
1234/C/1 to 1234/C/6 Gala, Bldg B-5 Prithvi complex, Anjur, Thane, Bhiwandi, Mumbai, Maharashtra, 421302
+91 84849 93426

The bankers & the filings

Who is running the book, and the documents this page is built from.

Book-running lead manager
Gretex Corporate Services Ltd.

Company contact

Company
Acetech E-Commerce
Email

Frequently asked

What is the GMP of Acetech E-Commerce?

The current Grey Market Premium is ₹0.

What is the Acetech E-Commerce IPO price band?

₹106 to ₹112, on a face value of ₹10.

When is the allotment?

The basis of allotment is 5 March 2026, with listing on 9 March 2026.

How do I check allotment status?

On the IPO Guru allotment page or on the registrar's site — Skyline Financial Services Private Limited.

Acetech E-Commerce IPO

Every number here traces back to a filing.

IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

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Min bid
₹2,68,800
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