Acetech E Commerce Ipo
Acetech E-Commerce IPO Review & Key Points
Review:
IPO Lead Managers aka Merchant Bankers
Gretex Corporate Services Ltd.
| Name of the Company | Face Value (₹) | EPS basic (₹) | EPS Diluted (₹) | RONW (%) | P/E Ratio | NAV (₹) |
| Powerica Limited | 5 | 15.26 | 15.26 | 15.37 % | 24.45 | 99.76 |
| Listed Peers | ||||||
| Cummins India Limited | 2 | 72.15 | 72.15 | 26.45% | 64.13 | 272.78 |
| Kirloskar Oil Engines Limited | 2 | 33.71 | 33.60 | 15.85% | 43.24 | 212.60 |
| NTPC Green Energy Limited | 10 | 0.67 | 0.67 | 2.58% | 129.40 | 21.88 |
| Acme Solar Holdings Limited | 2 | 4.55 | 4.53 | 5.59% | 50.74 | 74.54 |
| Adani Green Energy Limited | 10 | 8.37 | 8.37 | 11.90% | 101.53 | 76.62 |
| IPO Open Date | February 27, 2026 |
| IPO Close Date | March 4, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹106 to ₹112 Per Share |
| Issue Size | Approx ₹49 Crores |
| Fresh Issue | Approx ₹49 Crores |
| Issue Type | Book build Issue |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,400 | ₹2,68,800 |
| Retail Maximum | 2 | 2,400 | ₹2,68,800 |
| S-HNI Minimum | 3 | 3,600 | ₹4,03,200 |
| S-HNI Maximum | 7 | 8,400 | ₹9,40,800 |
| B-HNI Minimum | 8 | 9,600 | ₹10,75,200 |
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
| IPO Open Date: | February 27, 2026 |
| IPO Close Date: | March 4, 2026 |
| Basis of Allotment: | March 5, 2026 |
| Refunds: | March 6, 2026 |
| Credit to Demat Account: | March 6, 2026 |
| IPO Listing Date: | March 9, 2026 |
| IPO Bidding Cut-off Time: | March 4, 2026 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,20,13,335 | 87.81% |
| Promoter Holding Post Issue | 1,63,83,735 | -% |
| Purpose | Crores |
| Marketing and Advertisement Expenditure | ₹1.70 |
| Working Capital Requirements | ₹7.00 |
| Funding inorganic growth through unidentified acquisitions and general corporate purposes. | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹52.48 | ₹50.02 | ₹1.52 | ₹18.05 |
| 2024 | ₹60.28 | ₹53.74 | ₹4.02 | ₹15.37 |
| 2025 | ₹70.41 | ₹61.01 | ₹6.88 | ₹19.44 |
| Sep 2025 | ₹40.44 | ₹32.70 | ₹5.74 | ₹29.40 |
| KPI | Values |
| ROE: | 73.75% |
| ROCE: | 71.12% |
| EBITDA Margin: | 13.29% |
| PAT Margin: | 9.79% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹7.64 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 73.75% |
| Net Asset Value (NAV): | ₹14.17 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Pace E-Commerce Ventures Ltd | 1.47 | 15.56 | 4.34% | 33.83 | 72.14 Cr. |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |