Acetech E-Commerce Files DRHP for ₹43.70 Lakh-Share IPO on NSE Emerge

Mumbai, September 19, 2025: Acetech E-Commerce Limited filed its Draft Red Herring Prospectus (DRHP) to mobilise funds via an Initial Public Offering (IPO) of 43,70,400 equity shares of face value of ₹10 each. These shares will be listed on the NSE Emerge, and the issue is a 100% fresh issue.

Headquartered in Thane, Maharashtra, Acetech E-Commerce Limited operates across various product categories through a proprietary online marketplace and third-party distribution channels. It deals in e-commerce trading, distribution, and allied services and is slated to scale up operations further with its upcoming listing.

43.70 Lakh Shares IPO Filing Indicative of Expansion Drive

The IPO, being led by Gretex Corporate Services and having Skyline Financial Services as the registrar, marks an important milestone towards growth for Acetech E-Commerce. Although price band, bid lot size, and subscription dates will be announced in the Red Herring Prospectus (RHP), the filing itself suggests a definite intent of raising funds to expand its business operations.

Revenue Rises 34% in Two Years with Profit Boost

Acetech E-Commerce has demonstrated consistent financial growth. Its revenue went up from ₹5,237.82 lakh in FY23 to ₹7,028.05 lakh in FY25, a two-year rise of over 34%. Profitability too improved significantly, with Profit After Tax (PAT) rising from ₹151.56 lakh in FY23 to ₹687.97 lakh in FY25, up by over 350%.

Margins improved steadily as well:

• EBITDA margin increased from 4.6% in FY23 to 13.3% in FY25.
• PAT margin has improved from 2.9% in FY23 to 9.8% in FY25.

This financial trajectory is a testament to improved operating efficiency and improved cost control over the period.

IPO Proceeds for Working Capital and Marketing Push

The firm has mapped the utilization of IPO proceeds with a very distinct focus on expansion. Out of the total fundraise:

• ₹20 crore will be utilized towards working capital needs.
• ₹5 crore will be utilized in marketing and advertising.
• The remaining will be utilized for inorganic growth opportunities and other general corporate expenses.

This proposed usage of proceeds reflects Acetech’s effort to create brand visibility, upgrade operational capabilities, and pursue strategic growth prospects.

Shareholding: Promoters Retain 87.81% Pre-Issue Stake

As of the IPO date, Acetech E-Commerce’s paid-up equity capital is 1.20 crore shares. The promoter group, consisting of Sweta Bippinkumar Saraogi, Madhavi Govindprasad Sharma, and Bippinkumar Vijay Saraogi, holds 87.81% total equity. This considerable holding represents prominent promoter control prior to public listing.

Acetech E-Commerce’s IPO filing is in line with a broader trend of expansion of mid-sized businesses leveraging public markets to expand their footprint. With rising revenues, expanding margins, and planned investment of funds into working capital and advertisements, the company’s decision to list underscores its goal to achieve scale, visibility, and operating capability in the competitive e-commerce landscape.

REF: https://nsearchives.nseindia.com/emerge/corporates/content/Registration_19092025023405_Acetech_DRHP_clean.pdf

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