Mumbai, March 9 -- The scrip was listed at Rs 112, matching the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 117.60 and a low of Rs 111.80. About 19.44 lakh shares of the company changed hands at the counter.

Acetech E-Commerce's IPO was subscribed 1.13 times. The issue opened for bidding on 27 February 2026 and it closed on 4 March 2026. The price band of the IPO was fixed between Rs 106 to Rs 112 per share.

The IPO comprised 43,70,400 equity shares. The promoter and promoter group shareholding diluted to 69.52% from 95.49% pre-issue.

The company intends to utilize the net proceeds for marketing and advertisement expenditure, working capi...