| The initial public offer (IPO) of Acetech E-Commerce received bids for 49,53,600 shares as against 43,70,400 on offer. The issue was subscribed 1.13 times.
Qualified Institutional Buyers (QIBs) bid for 20,73,600 shares, Non-Institutional Investors (NIIs) for 12,00,000 shares, while individual investors (IND category bidding for 2 lots) placed bids for 49,53,600 shares.
The issue opened for bidding on 27 February 2026 and it closed on 4 March 2026. The price band of the IPO was fixed between Rs 106 to Rs 112 per share. The equity shares will list on NSE’s SME platform.
The IPO comprised 43,70,400 equity shares. The promoter and promoter group shareholding diluted to 69.52% from 95.49% pre-issue.
The company intends to utilize the net proceeds for marketing and advertisement expenditure, working capital requirements, funding inorganic growth through unidentified acquisitions and general corporate purposes.
Acetech E-Commerce (formerly known as Acetech Ventures Limited) is engaged in the e-commerce business with a focus on drop shipping, teleshopping, and direct-to-consumer strategies. The company distributes products through major online platforms such as Naaptol, Shop101, and GlowRoad, as well as through its own dedicated portals. As on 30 September 2025, the company has 59 employees.
For the six-month period ended September 30, 2025, the average revenue from operations per customer and per platform stood at Rs 7.75 crore. During the period, the company sold 311 products.
The company recorded revenue from operations of Rs 40.43 crore and net profit of Rs 5.73 crore for the six month ended 30 September 2025.
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