About Acevector Ltd IPO
AceVector IPO is a mainboard public issue comprising a fresh issue of ?287 crore and an Offer for Sale (OFS) of up to 4.15 crore equity shares. The IPO will open on September 25 and close on September 29, 2026, with a price band of ?30–?32 per share. The shares are proposed to be listed on the BSE and NSE.
IIFL Capital Services, CLSA India and Systematix Corporate Services are the lead managers, while MUFG Intime India is the registrar to the issue. The company’s promoters are Kunal Bahl, Rohit Kumar Bansal and Starfish I Pte. Ltd.
About AceVector Ltd.
Incorporated in 2007, Acevector Ltd. operates an asset-light digital commerce ecosystem through its subsidiaries, covering e-commerce, technology, SaaS and consumer brands.
Its ecosystem includes Snapdeal, a value-focused e-commerce marketplace offering affordable products across lifestyle categories; Uniware, Convertway and Shipway, which provide SaaS solutions for different stages of e-commerce operations; and Stellaro Brands, an omnichannel portfolio of value-focused consumer brands.
In FY 2026, Snapdeal served customers across 18,972 pin codes in India, mainly catering to middle-income and value-conscious consumers in Tier 2+ and smaller cities.
AceVector IPO is a mainboard public issue comprising a fresh issue of ?287 crore and an Offer for Sale (OFS) of up to 4.15 crore equity shares. The IPO will open on September 25 and close on September 29, 2026, with a price band of ?30–?32 per share. The shares are proposed to be listed on the BSE and NSE. IIFL Capital Services, CLSA India and Systematix Corporate Services are
Acevector IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 75% | -- |
| Non-Institutional Investors (NIIs) | 15% | -- |
| Retail Individual Investors (RIIs) | 10% | -- |
Acevector IPO Strengths & Weaknesses
Diversified e-commerce ecosystem supporting organic and inorganic growth.
Value-focused marketplace catering to price-conscious shoppers.
Improving unit economics supported by operating leverage.
Proprietary technology supporting personalised and discovery-led shopping.
Ability to identify, acquire and scale businesses across the e-commerce value chain.
Experienced management, strong governance and support from marquee investors.
History of losses, with restated losses of ?455.06 million in FY 2026, ?1,263.06 million in FY 2025 and ?512.97 million in FY 2024.
Negative operating cash flows in FY 2026, FY 2025 and FY 2024, with negative financing cash flow in FY 2026.
Dependence on Snapdeal, which contributed ?2,936.75 million, ?2,498.67 million and ?2,528.87 million, or 57.54%, 63.25% and 66.59% of revenue, in FY 2026, FY 2025 and FY 2024, respectively.
Acevector IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 30 Sep '26 | 05 Oct '26 | 01 Oct '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹1 per share |
| Total Issue Size | 0 shares (aggregating up to To be announced) |
| Fresh Issue | 0 shares (aggregating up to To be announced) |
| Offer for Sale | 4,15,62,500 shares of ₹1 (aggregating up to ₹4,15,62,500 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 0 shares |
Acevector IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Acevector ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Acevector IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Acevector IPO Contact & Registrar Details
Contact Details
Address
Mezzanine Floor, A-83, Okhla Industrial Area, Ph-II, Delhi
Phone Number
Website
Registrar Details
Registrar Name
MUFG Intime India Pvt.Ltd.
Phone Number
Acevector Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| IIFL Capital Services Ltd. | CLSA India Pvt.Ltd. | Systematix Corporate Services Ltd. |
