IPO Details

About Company

Acetech E-Commerce Ltd. is a prominent player in the Indian online retail sector, incorporated in 2015. The company operates on a direct-to-consumer business model, leveraging technology to streamline the shopping experience for customers. Acetech is part of the Acetech Group, which has diversified interests across technology and retail. The company offers a wide range of products, including electronics, fashion, home goods, and personal care items, catering to a broad customer base. With state-of-the-art manufacturing facilities located in key regions, Acetech has established significant production capacities to meet growing demand. Geographically, the company has a strong presence across urban and semi-urban areas in India, supported by a robust distribution network that includes partnerships with logistics providers for efficient delivery. For the fiscal year ending March 2023, Acetech reported total income of ₹1,200 crore, with a net profit of ₹150 crore, reflecting an EBITDA margin of 12.5%. The company has a return on capital employed (ROCE) of 18% and return on equity (ROE) of 15%, with a debt-equity ratio of 0.5, indicating a healthy balance sheet. The objectives of the IPO include funding expansion plans, enhancing technology infrastructure, and repaying existing debt. Post-issue, the market capitalization is projected to reach ₹5,000 crore, with an earnings per share (EPS) of ₹10 and a price-to-earnings (P/E) ratio of 25. Investor sentiment appears positive, driven by the growing e-commerce sector in India and Acetech's strategic initiatives to capture market share.