The issue is a book-building IPO with an entire fresh issue of 43,70,400 equity shares at an upper price band of Rs. 48.95 crores. Of these, 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 gray market premium is currently at 0%, indicating that the shares are trading at par with the issue price in the unofficial market prior to subscription.
Lot size is 1,200 shares. Retail investors are required to apply for a minimum of 2,400 shares, worth Rs. 112 at the upper price band of Rs. 2,68,800 translates to an investment of Rs. 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-investors.
The net proceeds from the issue will be utilized for marketing and advertising expenditure of Rs. 1.70 crore, Rs. 7 crore to fund inorganic growth through undisclosed acquisitions along with working capital requirements and general corporate objectives.
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-focused products such as wellness products, accessories and general merchandise through an online platform.
Its operations range from product research and identification, sourcing and procurement, warehousing and fulfillment, platform management, marketing and cross-border expansion. As of September 2025, the company employed 59 employees and operated warehouses in Bhiwandi, Bangalore and Delhi.
On the financial front, the company in FY25 posted a total of Rs. 70.41 crore in FY24 as compared to Rs. 60.28 crores. Profit after tax in FY25 was Rs. 6.88 crore which was Rs. 4.02 crores. EBITDA for FY25 Rs. 9.34 crore, with an EBITDA margin of 13.29%.
GMP flat 0% on SME platform and issue Rs. 50 crore, investor response over the next few days will determine the pace of the listing ahead of the March 9 debut.
Greatex Corporate Services is the book running lead manager for the issue and Skyline Financial Services is the registrar.
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