Acetech E-Commerce Ltd IPO
Status: Closed
Overview
IPO date
27 Feb 2026 to 04 Mar 2026
Face value
₹ 10 per share
Price
₹ 106 to ₹112 per share
Issue Size
4,370,400 shares
(aggregating up to ₹ 48.95 Cr)
(aggregating up to ₹ 48.95 Cr)
Allotment Date
05 Mar 2026
Listing at
NSE
Issue type
Book Building - SME
Sector
E-Commerce/App based Aggregator
Objectives of Acetech E-Commerce Ltd IPO
Acetech E-Commerce Ltd IPO Strategy
About Acetech E-Commerce Ltd
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T&C*
Strengths vs Risks of Acetech E-Commerce Ltd
Know the pros & cons
Strengths
Strong Design Capability and Exclusive Catalogue.- Product Sense and Customer Experience.
- Wide and Diversified Geographic Reach.
- Exclusive Focus on the Trending Category.
Risks
- We are dependent on the procurement of imported products sourced from the People's Republic of China through domestic dealers. Any disruption in the supply of such products from China may impair our ability to meet increasing customer demand and could adversely affect our business operations, financial condition and profitability:
- Our Company does not own a registered office or any warehousing facilities and instead operate from leased premises in Bhiwandi, Bangalore, and Delhi. Our dependence on leased facilities exposes us to risks of non-renewal, termination, or escalation of rental costs, which could disrupt our operations and increase expenses.
- Our Company has a negative cash flow in its operating activities for the six months period ended September 30, 2025, financial year ended March 31, 2025 and March 31, 2024, investing activities for the financial year ended March 31, 2023 and Financing activities for the financial years ended March 31, 2025 details of which are given below. Sustained negative cash flow could impact on our growth and business.
- The company's business model is built on identifying and rapidly commercializing trending products, which inherently have short life cycles and uncertain demand trajectories. While this approach allows the company to capture early momentum, it also creates unpredictability in revenues, risk of obsolescence, and exposure to working capital pressures.
- We have Certain litigations involving our Company, for which case papers are not currently available, could adversely affect our business, financial condition and results of operations.
- We generate a significant percentage of our revenue from few clients. The loss of any one or more of our major clients would have a material adverse effect on our business operations and profitability.
- We rely on a limited number of key vendors and marketplace partners for sourcing certain products. Our Company has not entered into long-term supply arrangements with these vendors. Any disruption in our ability to procure products at competitive prices, or within required timelines, could adversely impact our product availability, business operations, results of operations and financial condition.
- There are certain discrepancies / errors noticed in some of its corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 1956 / 2013. Any penalty or action taken by any regulatory authorizes in future for non-compliance with provisions of corporate and other law could impact the financial position of the Company to that extent.
- A significant portion of our revenues is generated through aggregator platforms where product visibility and sales depend on search algorithms, sponsored placements, and evolving platform policies. Any unfavourable changes in these mechanisms, or decline in consumer usage of these platforms, could materially reduce our sales volumes and profitability.
- Our hybrid fulfilment model, which integrates warehousing, self-shipping and third party dropshippers involves significant operational complexity and multiple potential points of failure. Any disruption in warehouse or fulfilment operations could materially and adversely impact our ability to deliver products
- Our warehousing and fulfilment operations are labour intensive, and we face high attrition rates among operational staff compared to traditional industries. Frequent turnover increases recruitment and training costs and raises the risk of operational errors, delays, and reduced service quality.
- Our requirement of maintaining high levels of inventory for our e-commerce business may result in substantial working capital needs, which, if not managed properly, could adversely affect our financial condition, cash flows and results of operations.
- Our Company may be exposed to risks arising from Goods and Services Tax ("GST") filings and compliances pursuant to the conversion from LLP to a Company.
- Through its U.S. subsidiary, the company engages in cross-border e-commerce and international sourcing, which exposes the company to regulatory, operational, and currency risks. Changes in customs procedures, tariffs, or trade policies could increase costs and delay fulfilment.
- Our Company is significantly dependent on the experience, expertise, and continued support of our Promoter for the growth and development of our business, and any loss of his involvement could adversely affect our operations and future prospects.
- Our business depends on third-party e-commerce platforms for order processing and payment collection, and any service issues or customer dissatisfaction on such platforms could adversely affect our reputation.
- Our technology platforms may be subject to disruptions, failures, or security breaches
- Our business operations depend on the availability and performance of third-party payment gateway aggregators. Any disruption, delay, or inability to secure requisite agreements with such service providers may adversely impact our business and operations.
- Our actual or perceived failure to protect personal information of the customers and other data could damage our reputation and brands.
- Our growth depends on our ability to attract and retain customers through digital marketing, social media campaigns, and search engine visibility. Rising customer acquisition costs, algorithm changes on advertising platforms, or reduced efficiency of targeting tools may materially increase marketing expenses.
- Our investments in marketing may not effectively increase user engagement on our websites and applications and may not lead to a corresponding growth in transactions on our platform.
- We market products across categories such as personal care, ayurvedic formulations, eco-friendly homecare, car care, and spiritual goods, many of which are subject to evolving regulations. Any failure by us or our suppliers to comply with applicable safety, labelling, or marketing standards may result in fines, product recalls, or delisting from platforms.
- We are building Niche Brands through our subsidiary under Trademarks licensed from Parent Company. Protecting issues like counterfeiting, unauthorized sellers or intellectual property disputes is very important as it may impact brand value and affect overall success
- We have
certain
outstanding litigation against our Company, an adverse outcome of which may adversely affect our business, reputation and results of operations.
- The company operates in a highly competitive e-commerce industry characterised by low entry barriers, aggressive pricing, and rapid product substitution. Larger, well-capitalised competitors may outspend the company on customer acquisition, warehousing, and fulfilment, while smaller agile players may capture niche trends faster than the company cans.
- Although we maintain insurance coverage for warehousing, logistics, and certain operational exposures, our policies may not cover all risks or may be subject to exclusions and limits.
- There were some instances in past for delay in depositing the statutory dues with the concerned offices of the departments on a few instances. While no show-cause notice has been issued against our Company till date, in the event of any cognizance being taken by the concerned authorities in respect of above delays in filings, actions may be taken against our Company and its directors, which could impact our business and financial performance.
- Any issue of Equity Shares or securities convertible into Equity Shares by our Company in the last 12 months at a price lower than the Issue Price may adversely affect investors.
- If we fail to maintain an effective system of internal controls, we may not be able to successfully manage, or accurately report, our financial risks.
- Growing our business through acquisitions or incorporation of new companies may expose us to additional risks that could adversely impact our business, financial condition, cash flows, operational results, and future prospects.
- Major fraud lapses of internal control, system failures, theft, employee negligence or similar incidents could adversely impact the company's business.
- We have certain contingent liabilities as on date of this Red Herring Prospectus that have been provided for in our Company's financials which if materialized, could adversely affect our financial condition.
- We are dependent on third party transportation providers for delivery of goods and materials to our clients. Any failure on part of such service providers to meet their obligations could have a material adverse effect on our business, financial condition and results of operation.
- We do not have regular or long-term customers, and our business is highly dependent on our ability to attract new customers and retain existing ones in a competitive market.
- We could be exposed to risks arising from misconduct, fraud and trading errors by our employees and Business Associates.
- Absence of material agreements with B2B clients may adversely affect the Company's revenue stability and business operations.
- Non-compliance with the Digital Personal Data Protection Act, 2023 may expose the Company to monetary penalties, regulatory actions and reputational risks, and ensuring compliance may increase its operational and compliance cost
- Exposure to Consumer Protection (E-Commerce) Rules, 2020 and Proposed Amendments may increase the Company's legal, operational and financial exposure, and any non-compliance may result in penalties, enforcement actions or reputational risks
- The Company may be exposed to Financial Risks associated with Invesments in Unidentified Acquisitions
- The deployment of funds raised through this Offer shall not be subject to any Monitoring Agency and shall be purely dependent on the discretion of the management of the Company.
- One of the logos of the company's product category is not registered with Registrar of Trademark; any infringement of the company's brand name or failures to get it registered may adversely affect its business. Further, any kind of negative publicity or misuse of the company's
brand
name could hamper its brand building efforts and the company's future growth strategy could be adversely affected.
- The objects of the Offer have not been appraised by any bank or financial institution, and the company cannot assure you that the objects of the Offer will be achieved within the expected time frame, or at all, and any variation in the utilization of the Net Proceeds would be subject to certain compliance requirements, including prior shareholders' approval.
- The company's business is subject to risks relating to delayed collections or defaults by customers, which may result in increased working capital requirements and impact its profitability.
- There are no alternate arrangements for meeting the company's requirements for the Objects of the Issue. Any shortfall in raising / meeting the same could adversely affect its growth plans, operations and financial performance.
- The company's business is operating under various laws which require us to obtain approvals from the concerned statutory/regulatory authorities in the ordinary course of business and the company's inability to obtain, maintain or renew requisite statutory and regulatory permits and approvals for the company's business operations could materially and adversely affect its business, prospects, results of operations and financial condition.
- The company may not be successful in implementing its business strategies.
- The company's future funds requirements, in the form of fresh issue of capital or securities and/or loans taken by the company, may be prejudicial to the interest of the shareholders and lenders depending upon the terms on which they are eventually raised.
- The objects of the Fresh Issue and deployment of funds are based on management estimates and have not been appraised by any external independent agency.
- The average cost of acquisition of Equity Shares by the Promoters is less than the Offer Price.
- The company has entered related party transactions in the past and may continue to do so in the future.
- The company's Key Managerial Personnel do not have prior experience in managing the affairs of a listed company, which may impact the company's ability to comply with regulatory requirements.
- The company's Key Managerial Personnel ("KMP") have been associated with the Company for less than a year, which may pose challenges in terms of understanding its business operations and industry.
- The company may be subject to claims of intellectual property infringement, misappropriation, or violation of third-party rights in connection with products, brands, or content on the company's platforms.
- The company's business model relies on sustained consumer appetite for trending products, and customer fatigue or trend saturation could materially reduce demand and undermine its growth strategy.
- The company's reliance on algorithms, analytics, and digital platforms for product discovery and visibility exposes us to risks of systemic change, reduced competitiveness, and loss of sales momentum.
- The company's reputation and customer trust could be materially harmed if products sold through its platforms are found to be unsafe, defective, or of poor quality.
- The company's success is significantly dependent on the judgment and involvement of the company's promoters and key personnel, and any loss of their services may materially affect its business.
- There is no guarantee that the Equity Shares issued pursuant to the Issue will be listed on exchange in a timely manner or at all.
- Industry information included in this Red Herring Prospectus has been derived from publicly available industry reports and/or websites. There can be no assurance that such third-party statistical financial and other industry information is either complete or accurate.
- The Equity Shares have never been publicly traded, and, after the Issue, the Equity Shares may experience price and volume fluctuations, and an active trading market for the Equity Shares may not develop. Further, the price of the Equity Shares may be volatile, and you may be unable to resell the Equity Shares at or above the Issue Price, or at all.
- There are restrictions on daily weekly monthly movement in the price of the equity shares, which may adversely affect the shareholder's ability to sell for the price at which it can sell, equity shares at a particular point in time.
- You may be subject to Indian taxes arising out of capital gains on the sale of the Equity Shares.
- Changing
regulations in India could lead to new compliance requirements that are uncertain. The regulatory environment in which the company operates is evolving and is subject to change.
- QIBs and Non-Institutional Investors are not permitted to withdraw or lower their Bids (in terms of quantity of Equity Shares or the Bid Amount) at any stage after submitting a Bid, and Individual Bidders, who applies for minimum application size, are not permitted to withdraw their Bids after Bid/Offer Closing Date.
- In the event there is any delay in the completion of the Issue, or delay in schedule of implementation, there would be a corresponding delay in the completion of the objects of this Offer which would in turn affect the company's revenues and results of operations.
Acetech E-Commerce Ltd Peer Comparison
Understand the company’s industry standing
Acetech E-Commerce Ltd
Pace E-Commerce Ventures Ltd
Face Value
10
10
Standalone / Consolidated
Consolidated
Standalone
Total Income Rs. Cr.
70.28
72.14
EPS-Basis
7.64
1.47
EPS-Diluted
---
---
NAV Per Share
14.17
33.83
P/E-Basic EPS
---
15.56
P/E-Diluted EPS
---
---
RONW(%)
73.75
4.34
Latest NAV Period
---
---
Latest NAV
---
---
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Enter details- PAN, Application number or DP client ID
Get your allotment status
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The IPO opens on 27 Feb 2026 & closes on 04 Mar 2026.
Acetech E-Commerce Limited was originally incorporated as a Limited Liability Partnership Firm dated December 04, 2014 as 'Acetech Ventures LLP'. Subsequently, Company was restructured into a Public Limited company and the name of the Company was changed from 'Acetech Ventures LLP' to 'Acetech Ventures Limited' and a fresh Certificate of Incorporation was issued on February 21, 2024, by the Central Processing Centre. Further, the name was changed from Acetech Ventures Limited' to Acetech E-Commerce Limited' w.e.f. November 25, 2024.
Initially, the Limited Liability Partnership is to carry on the business of purchasing, selling, distributing, trading, acting as an agent, franchising, collaborating, exporting, merchandising, designing, packaging and dealing with all kinds of products, goods, commodities, merchandise accessories and equipment, wellness products and equipment and any other human centric products on the Company's online portals or websites as well as through ecommerce, e-commerce internet, intranet, stores, stalls or kiosks set up across India or abroad or in any other manner.
At present, Company is engaged in the e-commerce business with a focus on drop shipping, teleshopping, and direct-to-consumer strategies.
Since then, it has developed into e-commerce management, warehousing, and global selling solutions. Acetech distributes products through major online platforms such as Naaptol, Shop101, and GlowRoad, as well as through its own dedicated portals. The key strength is consumer demand, strong market potential and profits. The Company has introduced new segment- Beauty Products in 2021 and Wellness Products in 2022.
Company is planning the initial public offer of 43,70,400 equity shares of face value of Rs 10 each through fresh issue.
Acetech E-Commerce Ltd IPO will close on 04 Mar 2026.
- Strong Design Capability and Exclusive Catalogue.
- Product Sense and Customer Experience.
- Wide and Diversified Geographic Reach.
- Exclusive Focus on the Trending Category.
| S.No | Promoters Name | Pre Issue Shares | Pre Issue Percentage | Post Issue Shares | Post Issue Percentage |
|---|---|---|---|---|---|
| 1 | Sweta Bippinkumar Saraogi | 10476757 | 87.21 | 10476757 | 63.95 |
| 2 | Madhavi Govindprasad Sharma | 12013 | 0.1 | 12013 | 0.07 |
| 3 | Bippinkumar Vijay Saraogi | --- | --- | --- | --- |
| 4 | Vijay Chiranjilal Saraogi | 12013 | 0.1 | 12013 | 0.07 |
| 5 | Vinita Vinit Saraogi | 12013 | 0.1 | 12013 | 0.07 |
| 6 | Sanjay Kumar Goenka | 12013 | 0.1 | 12013 | 0.07 |
| 7 | Mridula Goenka | 12013 | 0.1 | 12013 | 0.07 |
| 8 | Kumuddevi Vijaykumar Saraogi | 12013 | 0.1 | 12013 | 0.07 |
- We are dependent on the procurement of imported products sourced from the People's Republic of China through domestic dealers. Any disruption in the supply of such products from China may impair our ability to meet increasing customer demand and could adversely affect our business operations, financial condition and profitability:
- Our Company does not own a registered office or any warehousing facilities and instead operate from leased premises in Bhiwandi, Bangalore, and Delhi. Our dependence on leased facilities exposes us to risks of non-renewal, termination, or escalation of rental costs, which could disrupt our operations and increase expenses.
- Our Company has a negative cash flow in its operating activities for the six months period ended September 30, 2025, financial year ended March 31, 2025 and March 31, 2024, investing activities for the financial year ended March 31, 2023 and Financing activities for the financial years ended March 31, 2025 details of which are given below. Sustained negative cash flow could impact on our growth and business.
- The company's business model is built on identifying and rapidly commercializing trending products, which inherently have short life cycles and uncertain demand trajectories. While this approach allows the company to capture early momentum, it also creates unpredictability in revenues, risk of obsolescence, and exposure to working capital pressures.
- We have Certain litigations involving our Company, for which case papers are not currently available, could adversely affect our business, financial condition and results of operations.
- We generate a significant percentage of our revenue from few clients. The loss of any one or more of our major clients would have a material adverse effect on our business operations and profitability.
- We rely on a limited number of key vendors and marketplace partners for sourcing certain products. Our Company has not entered into long-term supply arrangements with these vendors. Any disruption in our ability to procure products at competitive prices, or within required timelines, could adversely impact our product availability, business operations, results of operations and financial condition.
- There are certain discrepancies / errors noticed in some of its corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 1956 / 2013. Any penalty or action taken by any regulatory authorizes in future for non-compliance with provisions of corporate and other law could impact the financial position of the Company to that extent.
- A significant portion of our revenues is generated through aggregator platforms where product visibility and sales depend on search algorithms, sponsored placements, and evolving platform policies. Any unfavourable changes in these mechanisms, or decline in consumer usage of these platforms, could materially reduce our sales volumes and profitability.
- Our hybrid fulfilment model, which integrates warehousing, self-shipping and third party dropshippers involves significant operational complexity and multiple potential points of failure. Any disruption in warehouse or fulfilment operations could materially and adversely impact our ability to deliver products
- Our warehousing and fulfilment operations are labour intensive, and we face high attrition rates among operational staff compared to traditional industries. Frequent turnover increases recruitment and training costs and raises the risk of operational errors, delays, and reduced service quality.
- Our requirement of maintaining high levels of inventory for our e-commerce business may result in substantial working capital needs, which, if not managed properly, could adversely affect our financial condition, cash flows and results of operations.
- Our Company may be exposed to risks arising from Goods and Services Tax ("GST") filings and compliances pursuant to the conversion from LLP to a Company.
- Through its U.S. subsidiary, the company engages in cross-border e-commerce and international sourcing, which exposes the company to regulatory, operational, and currency risks. Changes in customs procedures, tariffs, or trade policies could increase costs and delay fulfilment.
- Our Company is significantly dependent on the experience, expertise, and continued support of our Promoter for the growth and development of our business, and any loss of his involvement could adversely affect our operations and future prospects.
- Our business depends on third-party e-commerce platforms for order processing and payment collection, and any service issues or customer dissatisfaction on such platforms could adversely affect our reputation.
- Our technology platforms may be subject to disruptions, failures, or security breaches
- Our business operations depend on the availability and performance of third-party payment gateway aggregators. Any disruption, delay, or inability to secure requisite agreements with such service providers may adversely impact our business and operations.
- Our actual or perceived failure to protect personal information of the customers and other data could damage our reputation and brands.
- Our growth depends on our ability to attract and retain customers through digital marketing, social media campaigns, and search engine visibility. Rising customer acquisition costs, algorithm changes on advertising platforms, or reduced efficiency of targeting tools may materially increase marketing expenses.
- Our investments in marketing may not effectively increase user engagement on our websites and applications and may not lead to a corresponding growth in transactions on our platform.
- We market products across categories such as personal care, ayurvedic formulations, eco-friendly homecare, car care, and spiritual goods, many of which are subject to evolving regulations. Any failure by us or our suppliers to comply with applicable safety, labelling, or marketing standards may result in fines, product recalls, or delisting from platforms.
- We are building Niche Brands through our subsidiary under Trademarks licensed from Parent Company. Protecting issues like counterfeiting, unauthorized sellers or intellectual property disputes is very important as it may impact brand value and affect overall success
- We have certain outstanding litigation against our Company, an adverse outcome of which may adversely affect our business, reputation and results of operations.
- The company operates in a highly competitive e-commerce industry characterised by low entry barriers, aggressive pricing, and rapid product substitution. Larger, well-capitalised competitors may outspend the company on customer acquisition, warehousing, and fulfilment, while smaller agile players may capture niche trends faster than the company cans.
- Although we maintain insurance coverage for warehousing, logistics, and certain operational exposures, our policies may not cover all risks or may be subject to exclusions and limits.
- There were some instances in past for delay in depositing the statutory dues with the concerned offices of the departments on a few instances. While no show-cause notice has been issued against our Company till date, in the event of any cognizance being taken by the concerned authorities in respect of above delays in filings, actions may be taken against our Company and its directors, which could impact our business and financial performance.
- Any issue of Equity Shares or securities convertible into Equity Shares by our Company in the last 12 months at a price lower than the Issue Price may adversely affect investors.
- If we fail to maintain an effective system of internal controls, we may not be able to successfully manage, or accurately report, our financial risks.
- Growing our business through acquisitions or incorporation of new companies may expose us to additional risks that could adversely impact our business, financial condition, cash flows, operational results, and future prospects.
- Major fraud lapses of internal control, system failures, theft, employee negligence or similar incidents could adversely impact the company's business.
- We have certain contingent liabilities as on date of this Red Herring Prospectus that have been provided for in our Company's financials which if materialized, could adversely affect our financial condition.
- We are dependent on third party transportation providers for delivery of goods and materials to our clients. Any failure on part of such service providers to meet their obligations could have a material adverse effect on our business, financial condition and results of operation.
- We do not have regular or long-term customers, and our business is highly dependent on our ability to attract new customers and retain existing ones in a competitive market.
- We could be exposed to risks arising from misconduct, fraud and trading errors by our employees and Business Associates.
- Absence of material agreements with B2B clients may adversely affect the Company's revenue stability and business operations.
- Non-compliance with the Digital Personal Data Protection Act, 2023 may expose the Company to monetary penalties, regulatory actions and reputational risks, and ensuring compliance may increase its operational and compliance cost
- Exposure to Consumer Protection (E-Commerce) Rules, 2020 and Proposed Amendments may increase the Company's legal, operational and financial exposure, and any non-compliance may result in penalties, enforcement actions or reputational risks
- The Company may be exposed to Financial Risks associated with Invesments in Unidentified Acquisitions
- The deployment of funds raised through this Offer shall not be subject to any Monitoring Agency and shall be purely dependent on the discretion of the management of the Company.
- One of the logos of the company's product category is not registered with Registrar of Trademark; any infringement of the company's brand name or failures to get it registered may adversely affect its business. Further, any kind of negative publicity or misuse of the company's brand name could hamper its brand building efforts and the company's future growth strategy could be adversely affected.
- The objects of the Offer have not been appraised by any bank or financial institution, and the company cannot assure you that the objects of the Offer will be achieved within the expected time frame, or at all, and any variation in the utilization of the Net Proceeds would be subject to certain compliance requirements, including prior shareholders' approval.
- The company's business is subject to risks relating to delayed collections or defaults by customers, which may result in increased working capital requirements and impact its profitability.
- There are no alternate arrangements for meeting the company's requirements for the Objects of the Issue. Any shortfall in raising / meeting the same could adversely affect its growth plans, operations and financial performance.
- The company's business is operating under various laws which require us to obtain approvals from the concerned statutory/regulatory authorities in the ordinary course of business and the company's inability to obtain, maintain or renew requisite statutory and regulatory permits and approvals for the company's business operations could materially and adversely affect its business, prospects, results of operations and financial condition.
- The company may not be successful in implementing its business strategies.
- The company's future funds requirements, in the form of fresh issue of capital or securities and/or loans taken by the company, may be prejudicial to the interest of the shareholders and lenders depending upon the terms on which they are eventually raised.
- The objects of the Fresh Issue and deployment of funds are based on management estimates and have not been appraised by any external independent agency.
- The average cost of acquisition of Equity Shares by the Promoters is less than the Offer Price.
- The company has entered related party transactions in the past and may continue to do so in the future.
- The company's Key Managerial Personnel do not have prior experience in managing the affairs of a listed company, which may impact the company's ability to comply with regulatory requirements.
- The company's Key Managerial Personnel ("KMP") have been associated with the Company for less than a year, which may pose challenges in terms of understanding its business operations and industry.
- The company may be subject to claims of intellectual property infringement, misappropriation, or violation of third-party rights in connection with products, brands, or content on the company's platforms.
- The company's business model relies on sustained consumer appetite for trending products, and customer fatigue or trend saturation could materially reduce demand and undermine its growth strategy.
- The company's reliance on algorithms, analytics, and digital platforms for product discovery and visibility exposes us to risks of systemic change, reduced competitiveness, and loss of sales momentum.
- The company's reputation and customer trust could be materially harmed if products sold through its platforms are found to be unsafe, defective, or of poor quality.
- The company's success is significantly dependent on the judgment and involvement of the company's promoters and key personnel, and any loss of their services may materially affect its business.
- There is no guarantee that the Equity Shares issued pursuant to the Issue will be listed on exchange in a timely manner or at all.
- Industry information included in this Red Herring Prospectus has been derived from publicly available industry reports and/or websites. There can be no assurance that such third-party statistical financial and other industry information is either complete or accurate.
- The Equity Shares have never been publicly traded, and, after the Issue, the Equity Shares may experience price and volume fluctuations, and an active trading market for the Equity Shares may not develop. Further, the price of the Equity Shares may be volatile, and you may be unable to resell the Equity Shares at or above the Issue Price, or at all.
- There are restrictions on daily weekly monthly movement in the price of the equity shares, which may adversely affect the shareholder's ability to sell for the price at which it can sell, equity shares at a particular point in time.
- You may be subject to Indian taxes arising out of capital gains on the sale of the Equity Shares.
- Changing regulations in India could lead to new compliance requirements that are uncertain. The regulatory environment in which the company operates is evolving and is subject to change.
- QIBs and Non-Institutional Investors are not permitted to withdraw or lower their Bids (in terms of quantity of Equity Shares or the Bid Amount) at any stage after submitting a Bid, and Individual Bidders, who applies for minimum application size, are not permitted to withdraw their Bids after Bid/Offer Closing Date.
- In the event there is any delay in the completion of the Issue, or delay in schedule of implementation, there would be a corresponding delay in the completion of the objects of this Offer which would in turn affect the company's revenues and results of operations.
The Issue type of Acetech E-Commerce Ltd is Book Building - SME.
The minimum application for shares of Acetech E-Commerce Ltd is 2400.
The total shares issue of Acetech E-Commerce Ltd is 4370400.
Initial public offer of 43,70,400 equity shares of face value of Rs.10.00 each (the "Equity Shares") of Acetech E-Commerce Limited (the "Company" or the "Issuer") at an offer price of Rs.112 per equity share for cash aggregating up to Rs. 48.95 Crores. The offer includes a reservation of 2,19,600 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 112 per equity share for cash, aggregating Rs. 2.46 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Net offer of up to 41,50,800 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 112 per equity share for cash, aggregating up to Rs. 46.49 Crores is herein after referred to as the "Net Offer".
Price Band: Rs. 112 per equity share of face value Rs. 10/- each.
The floor price is 11.2 times of the face value of the equity shares.
Bids can be made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter.