New Delhi, Feb. 27 -- The initial public offering (IPO) of Acetech E-Commerce, which opened for bidding today, February 27, received a tepid response from investors, with the issue being subscribed 0.26 times by the end of Day 01.

The issue received bids for just 10,88,400 shares against 41,50,800 shares on offer. The company proposes to utilise the net proceeds from the IPO to meet working capital requirements and for general corporate purposes.

1. Acetech E-Commerce IPO date: The issue opened for subscription today, February 27, and will remain open until Wednesday, March 04.

2. Acetech E-Commerce IPO price: The price band of the IPO has been fixed between Rs.106 and Rs.112 per equity share.

3. Acetech E-Commerce IPO size: The compa...