Acetech E-Commerce IPO Subscribed 0.12x On Day 1; Retail Portion Booked 0.31x 

Acetech E-Commerce’s ₹48.95 crore SME initial public offering was subscribed 0.12 times as of 3:24 PM IST on February 27, 2026, the first day of bidding. The retail individual investors (RII) segment was subscribed 0.31 times, while the non-institutional investor (NII) category saw 0.04 times subscription. The qualified institutional buyers (QIBs) portion remained unsubscribed.

The IPO, which opened for subscription on February 27, 2026, will close on March 4, 2026. The issue is entirely a fresh issue of 43,70,400 equity shares and is slated to list on the NSE SME platform on March 9, 2026.

Subscription Details As Of 3:24 PM IST, February 27, 2026

The company received bids for 4,78,800 shares against 41,50,800 shares on offer (excluding market maker portion), translating into an overall subscription of 0.12 times.

• QIB (Ex-Anchor): 0.00x; no bids received against 20,73,600 shares offered.
• NII: 0.04x; bids for 25,200 shares against 6,22,800 shares offered.
• bNII (>₹10 lakh): 0.00x
• sNII (<₹10 lakh): 0.12x
• Retail Individual Investors: 0.31x; bids for 4,53,600 shares against 14,54,400 shares offered.

In value terms, the issue garnered bids worth approximately ₹5.36 crore against the net issue size of ₹46 crore (excluding market maker allocation), based on the upper price band.

IPO Structure And Allocation

The IPO is priced in a band of ₹106–₹112 per share, with a lot size of 1,200 shares. At the upper band, the minimum investment for retail investors stands at ₹2,68,800 for two lots (2,400 shares), while the minimum application size for S-HNI investors is three lots (3,600 shares), amounting to ₹4,03,200.

Out of the total issue size of 43,70,400 shares:

• 20,73,600 shares (47.45%) are reserved for QIBs.
• 6,22,800 shares (14.25%) are allocated to NIIs.
• 14,54,400 shares (33.28%) are reserved for retail investors.
• 2,19,600 shares (5.02%) are allocated to the market maker.

The total issue size aggregates up to ₹49 crore at the upper price band. The post-issue shareholding will increase to 1,63,83,735 shares from 1,20,13,335 shares pre-issue.

Key Dates And Listing Timeline

• IPO Closing Date: 4 March 2026
• Allotment Finalisation: 5 March 2026
• Refund Initiation: 6 March 2026
• Credit of Shares: 6 March 2026
• Tentative Listing Date: 9 March 2026 on NSE SME

The book-running lead manager to the issue is Gretex Corporate Services Ltd., while Skyline Financial Services Pvt. Ltd. is acting as registrar. Arihant Capital Markets Ltd. has been appointed as the market maker.

Source: https://www.nseindia.com/market-data/issue-information?symbol=ACETECH&series=SME&type=Active