Acetech E-Commerce IPO

About Acetech E-Commerce IPO

The Acetech E-Commerce IPO opens on Fri, Feb 27, 2026 and closes on Wednesday, Mar 4, 2026. The allotment of shares will take place on Thursday Mar 5, 2026. The credit of shares to the demat account will take place on Friday, Mar 6, 2026. The initiation of refunds will take place on Friday, Mar 6, 2026. The listing of shares will take place on Monday, Mar 9, 2026.

The offer consists of a fresh issue. The fresh issue will include 0.44 crore shares of ₹48.95 crore. The total number of shares and aggregate amount are 43,70,400 shares (aggregating up to ₹49 crores).

Acetech E-Commerce IPO’s price band is set at ₹106 to ₹112 per share. The lot size for an application is 1,200. The minimum amount of investment required by a retail investor is ₹2,68,800 (2,400 shares) (based on upper price). The minimum lot size for investment by HNIs is 3 lots (3,600 shares), amounting to ₹4,03,200.

Acetech E-Commerce is involved in the purchasing, selling, distributing, trading, acting as an agent, franchising, collaborating, exporting, merchandising, designing, packaging and dealing with all kinds of products, goods, commodities, merchandise accessories and equipment, wellness products and equipment and any other human-centric products on the company's online portals or websites as well as through e-commerce, internet, intranet, stores, stalls or kiosks set up across India or abroad or in any other manner.

Objectives of Acetech E-Commerce IPO

• Marketing and advertisement expenditure.
  
• Working capital requirements.
  
• Funding inorganic growth through unidentified acquisitions and general corporate purposes.
  

Industry Outlook

India’s e-commerce industry, valued at ₹10,82,875 crores (US$ 12,500 crores) in FY24, is projected to grow to ₹29,88,735 crores (US$ 34,500 crores) by FY30, reflecting a compound annual growth rate (CAGR) of 15%. India’s e-commerce market was projected to grow 12.5% in 2025 to about US$ 21160 crores, with expectations of reaching roughly US$ 32670 crores by 2029, driven by strong online shopping demand and digital payments. India’s e-commerce industry is entering a high-growth phase, driven by rising disposable incomes, rapid digital adoption, strong tier II and III city demand, and a surge in quick commerce growing at 70-80% CAGR, with the D2C market set to cross Rs. 8,70,500 crore (US$ 10000 crores) in 2025 and overall annual growth projected at 17-22% in 2025. The article highlighted the role of big festive sale events on platforms such as Flipkart, Myntra, and Amazon in sustaining this momentum.

Company Information

Acetech E-Commerce (formerly known as Acetech Ventures) is engaged in the e-commerce business with a focus on drop shipping, teleshopping, and direct-to-consumer strategies. Originally incorporated as a limited liability partnership, the company was restructured into a public limited company in 2024 and has since developed capabilities in e-commerce management, warehousing, and global selling solutions. Acetech distributes products through major online platforms such as Naaptol, Shop101, and GlowRoad, as well as through its own dedicated portals.

The company’s business model is centred on identifying innovative and trending products, sourcing them from manufacturers and traders worldwide, and marketing them through digital channels. Through their subsidiary, Conceptive Brains Private Limited, they focus on developing dedicated brands across niche product segments with medium to long-term growth potential.

Strengths of Acetech E-Commerce

• Unique and scalable business model.
  
• Brand development capabilities.
  
• Sector experience.
  
• Margin potential.
  

Risks of Acetech E-Commerce IPO

• Loss of any one or more of their major clients.
  
• Any disruption in their ability to procure products at competitive prices, or within required timelines.
  
• Any unfavourable changes in aggregator platforms or decline in consumer usage of these platforms.
  
• Changes in customs procedures, tariffs, or trade policies.
  
• Rising customer acquisition costs, algorithm changes on advertising platforms, or reduced efficiency of targeting tools.
  

Note: 1. The figures of Acetech E-Commerce are based on financial statements as restated as on March 31, 2025.

2. Considering the nature and size of business of the Company, the peers are not strictly comparable. However, the same have been included for broad comparison.

3. Current Market Price (CMP) is the closing price of peer group as on February 19, 2026.

4. The figures for the peer group are based on the standalone audited financials for the year ended March 31, 2025. 5. PE Ratio of peer company is calculated as Market Price (Rs. 24.54) as on March 31, 2025 divided by EPS as on March 31, 2025 as the EPS is not available as on February 19, 2026.

Anchor Investor Bidding Date: Thursday, February 26, 2026

Registrar: Skyline Financial Services Private Limited
Book Running Lead Managers: Gretex Corporate Services Limited

Business Model

The company earns its revenue through identifying innovative and trending products, sourcing them from manufacturers and traders worldwide, and marketing them through digital channels. Its core strength lies in anticipating consumer demand by curating products with strong market potential, thereby enabling profitability and growth.

Acetech E-Commerce Company Growth Trajectory

(Restated Data)

Acetech E-Commerce’s total income for FY25 was ₹70.411 crores, whereas in FY24 and FY23 it was ₹60.277 crores and ₹52.475 crores, respectively.

The Profit After Tax for FY25 was ₹6.880 crores, whereas in FY24 and FY23 it was ₹4.021crores and ₹1.516 crores, respectively.

Their EBITDA for FY25 was ₹9.342 crores, whereas in FY24 and FY23 it was ₹6.641 crores and ₹2.416 crores, respectively .

Acetech E-Commerce Market Position

Through its subsidiary, Conceptive Brains Private Limited, the company has created niche brands in categories such as personal care, ayurvedic products, and eco-friendly homecare. Complementing this, Acetech Ventures Inc. in the United States strengthens their international presence by collaborating with local brands and leveraging a drop shipping model to distribute products across multiple platforms.

As of 31 March 2025, the company’s Total Income, Profit After Tax, and EBITDA were ₹70.411 crores, ₹6.880 crores, and ₹9.342 crores, respectively.

How to apply for Acetech E-Commerce IPO?

• Step 1: Log in to your Kotak Neo Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
  
• Step 2: Specify IPO details - Enter the number of lots and the price you wish to apply for.
  
• Step 3: Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
  
• Step 4: Mandate Notification - Your UPI app will receive a mandate notification to block funds.
  
• Step 5: Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.