The Indian e-commerce market is growing at a rate of 25% CAGR, targeting $350 Bn by 2030 through quick commerce, D2C platforms, and global sourcing. Acetech E-Commerce Ltd, incorporated in Thane since 2014, is engaged in dropshipping/teleshopping multi-category products such as electronics, fashion, home essentials through online marketplace.
Acetech E-Commerce Limited is engaged in vendor aggregation, global sourcing, warehousing (Bhiwandi/Bangalore), fulfillment services for India/US markets under brands The Good Planet, Motherveda, with a US subsidiary for cross-border e-commerce. The key strengths include 10,000+ SKUs, logistics partnerships, FY25 PAT growth of 71% (RoNW 73.75%), scalable dropship model.
Acetech E-Commerce Limited has shown consistent growth before the NSE SME IPO. FY25 revenue of ₹70.41 Cr (up 17% YoY), PAT of ₹6.88 Cr (EPS of ₹4.76, RoNW of 73.75%). ₹46-48.95 Cr (41.51 lakh shares @ ₹10 FV) at ₹106-112 band (lot size 1,200 shares ≈ ₹2.69 lakh min). Opens on February 27-March 4, 2026, allotment on March 5,
Acetech E-Commerce IPO Details:
Acetech E-Commerce Issue Management:
Gretex Corporate Services Ltd acts as the book-running lead manager for Acetech E-Commerce SME IPO, managing underwriting and compliance.
Acetech E-Commerce IPO RTA (Registrar) Details:
Skyline Financial Services Pvt.Ltd. handles allotment, refunds, and demat credits—contact at 02228511022 or ipo@skylinerta.com.
Acetech E-Commerce IPO Allotment Status:
To check your IPO allotment status:
Visit the Skyline Financial Services Pvt.Ltd. IPO Application Status page.
Select the company name from the dropdown menu.
Select and enter PAN, Application Number, DP/Client ID, or Account Number/IFSC.
Click Submit to view your allotment status.
Action Links:
To apply for Acetech E-Commerce IPO, open a demat account here
Acetech E-Commerce IPO Subscription Status: Check live subscription here
Acetech E-Commerce IPO GMP Update: Check latest grey market premium here
Acetech E-Commerce Limited, incorporated in 2014 and headquartered in Thane, Maharashtra, is a multi-category e-commerce company that focuses on drop shipping and teleshopping of electronics, fashion, home essentials, and lifestyle products. It adopts global vendor sourcing, warehousing in Bhiwandi/Bangalore/Delhi, 3PL logistics, and brands such as The Good Planet and Motherveda for India/US markets with US subsidiary assistance.
Acetech E-Commerce Limited was growing gradually before the NSE SME IPO. FY25 revenue of ₹70.41 Cr (+17% YoY), PAT of ₹6.88 Cr (RoNW of 73.75%). ₹46-48.95 Cr (41.51 lakh shares @ ₹10 FV) at ₹106-112 band (lot of 1,200 shares, min of ₹2.69 lakh; 2 lots of ₹5.38 lakh). Opens on February 27-March 4, 2026, allotment on March 5, listing on NSE Emerge on March 09th.
Acetech E-Commerce Limited IPO is ₹46-48.95 Cr total (41.51 lakh shares @ ₹10 FV): 100% fresh issue (no OFS)—for marketing, working capital, acquisitions.
Acetech E-Commerce IPO proceeds will be deployed towards the following objectives:
Acetech E-Commerce Ltd NSE SME IPO reserves 41.51 lakh shares per SEBI SME norms.
The Anchor bidding opens February 26, 2026 (~28% of QIB portion).
Lock-in: 50% for 30 days, 50% for 90 days per SEBI norms. as per SEBI SME guidelines.
The anchor allocation document filed right before issue opens will list specific anchor investor names via registrar Skyline Financial Services Pvt Ltd.
According to RHP reports, Acetech E-Commerce Limited posted solid FY25 financials. Revenue grew 17% YoY to ₹70.41 Cr, PAT increased 71% to ₹6.88 Cr (9.78% margin), ROE 73.75%, ROCE strong at ~35%, EBITDA ₹9.46 Cr (13.46% margin). Growth driven by dropshipping expansion, US market penetration, vendor network scaling, and teleshopping demand across electronics/fashion categories.
The important risks and strengths of Acetech E-Commerce IPO are mentioned below:
Strengths:
The asset-light dropshipping business model reduces inventory risks and allows for fast scaling in various categories such as wellness, electronics, and fashion.
Good profit growth story with FY25 PAT margins of 9.79%, RoNW of 73.75%, and RoCE of 71.12%, indicating efficient operations and high returns.
Diversified revenue streams through multi-channel distribution on Naaptol, Shop101, company websites, and US subsidiaries.
Effective product research and identification of trending consumer products early on, using digital analytics for high-demand product sourcing.
Risks
High competition from existing market leaders such as Meesho and Flipkart in the dropshipping market, affecting margins and market share.
High dependence on third-party platforms and 3PL logistics, posing risks related to service interruptions and delivery delays.
Lack of brand equity, unlike existing market leaders in the e-commerce space, making it difficult to acquire customers at lower costs and retain them.
Concentration of revenues in a few categories, making them vulnerable to demand fluctuations, especially in seasonal patterns in lifestyle/wellness categories.
RHPs indicate Acetech E-Commerce Limited's FY25 results with revenue of ₹70.41 Cr (+17% YoY), PAT of ₹6.88 Cr (9.79% margin), RoNW of 73.75%, and P/E of ~21.2x (FY25 EPS of ₹4.76)—reasonably priced compared to e-commerce companies like Meesho (loss-making), industry average ~30x. The company's dropshipping business model (global sourcing, 3PL warehousing in Bhiwandi/Bangalore, US subsidiary) allows multi-category sales (electronics, fashion, wellness) on Naaptol/Shop101 platforms with quick turnaround times .
The ₹48.95 Cr NSE SME IPO at ₹112 upper band (market cap of ₹163 Cr) is priced at 0.69x sales/21.2x EPS (post-issue). High RoNW/RoCE ratios (74%/71%), scalable operations, inorganic growth plans outweigh platform dependency, category concentration for listing gains.
Investors are advised to exercise discretion and refer to the full DRHP/RHP document before reaching any investment decision. This analysis is for informative purposes and not investment advice.
Action Links:
To apply for Acetech E-Commerce IPO, open a demat account here
Acetech E-Commerce IPO Subscription Status: Check live subscription here
Acetech E-Commerce IPO GMP Update: Check latest grey market premium here
1. What is the Acetech E-Commerce IPO open and close date?
The Acetech E-Commerce NSE SME IPO opens February 27, closes March 4, 2026; allotment March 5, listing March 9.
Track Acetech E-Commerce IPO subscription status live here from Finnpick.
2. What is the Acetech E-Commerce IPO price band and lot size?
The IPO price band ₹106-112 per share (FV ₹10), lot size 1,200 shares; retail min ₹2.69 lakh (2 lots).
3. What is Acetech E-Commerce IPO total size?
The Acetech E-Commerce IPO size is ₹46-48.95 Cr fresh issue (41.51 lakh shares), NSE SME listing March 9, 2026.
4. How to apply for the Acetech E-Commerce IPO?
Open a demat here (Zerodha/Upstox/AngelOne) or ASBA by Mar 04, 4 PM. Monitor Acetech E-Commerce IPO subscription tracker here.
5. How to check Acetech E-Commerce IPO Allotment Status?
The allotment date is on Mar 04th and can be checked on Skyline Financial Services Ltd portal RTA portal using PAN/DP ID.
6. What is Acetech E-Commerce IPO GMP today and subscription status?
Current Grey Market Premium (GMP) stands at ₹0 (flat) as of Feb 24, indicating listing at the price range of ₹112—check daily updates of Acetech E-Commerce IPO GMP trends here and live subscription status here from Feb 27th opening only on Finnpick.
7. What does Acetech E-Commerce specialize in?
Acetech E-Commerce specializes in dropshipping and teleshopping e-commerce, offering multi-category products including electronics, fashion, wellness items through an asset-light model with global sourcing and 3PL fulfillment.
8. When is the Acetech E-Commerce IPO listing date?
The Acetech E-Commerce Ltd IPO lists on 09th March, 2026 on NSE SME (~T+1 post-allotment Mar 05th).
9. What are the Acetech E-Commerce IPO proceeds utilization details?
The Acetech E-Commerce IPO fresh issue proceeds fund ₹1.70 Cr marketing/advertising, ₹7 Cr working capital requirements, balance (~₹37.30 Cr) for inorganic growth through acquisitions and general corporate purposes.
