The issue is a book-building IPO comprising entirely a fresh issue of 43,70,400 equity shares aggregating to Rs 48.95 crore at the upper price band. Of this, 2,19,600 shares have been reserved for the market maker, Arihant Capital Markets while 41,50,800 shares are being offered to the public.
The grey market premium is currently at 0%, indicating that the shares are trading at par with the issue price in the unofficial market ahead of subscription.
The lot size is 1,200 shares. Retail investors are required to apply for a minimum of 2,400 shares, translating into an investment of Rs 2,68,800 at the upper price band of Rs 112. Up to 50% of the net offer is reserved for qualified institutional buyers, not less than 35% for retail investors and not less than 15% for non-institutional investors.
The net proceeds from the issue will be used towards marketing and advertisement expenditure of Rs 1.70 crore, working capital requirements of Rs 7 crore, and funding inorganic growth through unidentified acquisitions along with general corporate purposes.
Acetech Ventures LLP, now Acetech E-Commerce, is engaged in e-commerce activities including dropshipping, teleshopping and cross-border selling. The company deals in a range of consumer-centric products such as wellness products, accessories and general merchandise through online platforms.
Its operations span product research and identification, sourcing and procurement, warehousing and fulfilment, platform management, marketing and cross-border expansion. As of September 2025, the company employed 59 personnel and operates warehouses in Bhiwandi, Bangalore and Delhi.On the financial front, the company reported total income of Rs 70.41 crore in FY25, compared with Rs 60.28 crore in FY24. Profit after tax stood at Rs 6.88 crore in FY25 against Rs 4.02 crore a year earlier. EBITDA for FY25 was Rs 9.34 crore, with EBITDA margin at 13.29%.
With GMP flat at 0% and the issue sized at under Rs 50 crore on the SME platform, investor response over the next few days will determine listing momentum ahead of the March 9 debut.
Gretex Corporate Services is the book running lead manager to the issue and Skyline Financial Services is the registrar.