Acetech E-Commerce IPO
Market Sentiment
Market Lot Size
IPO Details
IPO Reservation
Financial Analysis
| Metric | 2023 | 2024 | 2025 | Sep 2025 |
|---|---|---|---|---|
| Revenue | 52.48 | 60.28 | 70.41 | 40.44 |
| Expense | 50.02 | 53.74 | 61.01 | 32.70 |
| Profit (PAT) | 1.52 | 4.02 | 6.88 | 5.74 |
| Total Assets | 18.05 | 15.37 | 19.44 | 29.40 |
Promoters: Ms. Sweta Bippinkumar Saraogi, Mr. Bippinkumar Vijay Saraogi, and Ms. Madhavi Govindprasad Sharma
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 1,20,13,335 | 87.81% |
Company Information
Acetech E-commerce, founded in 2014, is one of the growing companies involved in E-commerce activities, purchasing, selling, distributing, trading, acting as an agent, franchising, collaborating, exporting, merchandising, designing, packaging, and dealing of all kinds of products. Its product portfolio includes a wide range of products like goods, accessories, equipment, wellness products, and other products. They sell their products via Online platforms (e-commerce websites), Internet or intranet systems, Physical stores, and Stalls or kiosks. The firm’s core activities include product research, sourcing, warehousing, marketing, advertising, and global selling of products. The company efficiently runs its busines with focusing on popular trends in the market.
| Purpose | Amount (Cr) |
|---|---|
| Marketing and Advertisement Expenditure | 1.70 |
| Working Capital Requirements | 7.00 |
| Funding inorganic growth through unidentified acquisitions and general corporate purposes. | - |
Resources & Documents
Acetech E-Commerce Ltd., 1234/C/1 to 1234/C/6 Gala, Bldg B-5 Prithvi complex, Anjur, Thane, Bhiwandi, Mumbai, Maharashtra, 421302
Acetech E-Commerce has set a price band of Rs 106–Rs 112 per share for an issue size of Rs 49 crore. The stock listed flat against its issue price.
Acetech E-commerce, founded in 2014, is one of the growing companies involved in E-commerce activities, purchasing, selling, distributing, trading, acting as an agent, franchising, collaborating, exporting, merchandising, designing, packaging, and dealing of all kinds of products. Its product portfolio includes a wide range of products like goods, accessories, equipment, wellness products, and other products.
The issue is promoted by Ms. Sweta Bippinkumar Saraogi, Mr. Bippinkumar Vijay Saraogi, and Ms. Madhavi Govindprasad Sharma with Gretex Corporate Services Ltd. acting as lead manager. Net proceeds will primarily be used towards Marketing and Advertisement Expenditure (Rs 2 crore) and Working Capital Requirements (Rs 7 crore).
Current grey market activity shows a flat premium, indicating muted unofficial demand. Final subscription data records overall subscription at 1.19x, retail at 1.16x, QIB at 1.00x, NII at 1.93x.
On fundamentals, the company is posting revenue growth of 16.8%, a profit margin of 9.8%, return on equity of 73.8% in its most recent reported period. Listed peers in this segment include Pace E-Commerce Ventures Ltd (P/E 15.56x, market cap Rs 4 crore) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.
Our data-driven engine currently flags this issue as an Avoid view — key indicators are weak enough that the risk-reward looks unfavourable for now. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Understanding Grey Market Premium (GMP)
The Grey Market Premium (GMP) is an unofficial indicator of how an IPO's shares are trading in the grey market before they are officially listed on a stock exchange. It reflects investor sentiment and demand for the IPO shares ahead of listing day.
How does it work? The grey market is an informal, over-the-counter market where investors buy and sell IPO shares before the official listing date. If an IPO has a positive GMP, it suggests that investors expect the stock to list above its issue price. A negative GMP indicates expectations of a listing below the issue price.
Example: If an IPO has an issue price of ₹100 and the GMP is ₹50, the expected listing price would be approximately ₹150 (issue price + GMP). This translates to an estimated listing gain of 50%.
Factors that influence GMP:
- Subscription levels — Higher subscription typically drives GMP up
- Market conditions — Bullish markets tend to boost GMP across all IPOs
- Company fundamentals — Strong financials and growth potential attract premium
- Industry sentiment — Positive outlook for the sector can increase demand
- IPO pricing — Reasonably priced IPOs relative to peers tend to command higher GMP
Disclaimer: GMP is an unofficial metric from the grey market and is not regulated by SEBI or any stock exchange. GMP values fluctuate frequently and should not be the sole basis for investment decisions. Always consider company fundamentals, financial health, and your own risk appetite before investing in any IPO.
Related IPO
No comments yet. Be the first to share your opinion!