AceVector (Snapdeal) IPO
AceVector (Snapdeal) IPO is a mainboard book-building public issue with a total issue size of approximately ₹420 Crore.
The IPO will open for subscription on 25 September 2026 and close on 29 September 2026. The shares are proposed to be listed on NSE and BSE.
AceVector (Snapdeal) IPO Details
AceVector Limited, the parent company associated with Snapdeal, is coming to the mainboard with a book-built IPO. The offer comprises a fresh issue and an offer for sale. AceVector operates an asset-light digital commerce ecosystem spanning value e-commerce, e-commerce enablement SaaS and consumer brands.
| Particulars | Details |
|---|---|
| IPO Open Date | 25 September 2026 |
| IPO Close Date | 29 September 2026 |
| IPO Size | ₹420 Crore |
| Price Band | ₹30 to ₹32 per share |
| Face Value | ₹1 per share |
| Lot Size | 468 Shares |
| Issue Type | Book Building |
| Issue Structure | Fresh Issue + Offer for Sale |
| Listing Exchange | NSE and BSE |
| Tentative Listing Date | 5 October 2026 |
| Registrar | MUFG Intime India Pvt. Ltd. |
| Lead Managers | IIFL Capital Services Ltd., CLSA India Pvt. Ltd. and Systematix Corporate Services Ltd. |
AceVector (Snapdeal) IPO Issue Size
| Issue Component | Shares | Approx. Amount |
|---|---|---|
| Total Issue | 13,12,50,000 | ₹420.00 Cr |
| Fresh Issue | 8,96,87,500 | ₹287.00 Cr |
| Offer for Sale | 4,15,62,500 | ₹133.00 Cr |
AceVector (Snapdeal) IPO Timeline
| Event | Date |
|---|---|
| IPO Opens | Friday, 25 September 2026 |
| IPO Closes | Tuesday, 29 September 2026 |
| Allotment | Wednesday, 30 September 2026 |
| Refund / Unblocking | Thursday, 1 October 2026 |
| Shares Credited to Demat | Thursday, 1 October 2026 |
| Listing | Monday, 5 October 2026 |
AceVector (Snapdeal) IPO IPO Reservation
The offer document provides for not less than 75% of the offer for QIBs, not more than 15% for NIIs and not more than 10% for retail investors.
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | Not less than 75% |
| Non-Institutional Investors (NII) | Not more than 15% |
| Retail Individual Investors | Not more than 10% |
AceVector (Snapdeal) IPO Lot Size
Investors can bid for a minimum of 468 shares and thereafter in multiples of the specified lot size.
| Investor Category | Lots | Shares | Investment at Upper Band |
|---|---|---|---|
| Retail Minimum | 1 | 468 | ₹14,976 |
| Retail Maximum | 13 | 6,084 | ₹1,94,688 |
| S-HNI Minimum | 14 | 6,552 | ₹2,09,664 |
| S-HNI Maximum | 66 | 30,888 | ₹9,88,416 |
| B-HNI Minimum | 67 | 31,356 | ₹10,03,392 |
About AceVector Ltd.
AceVector operates a digital commerce ecosystem that includes Snapdeal, an e-commerce marketplace; Unicommerce eSolutions, which provides e-commerce enablement software; and Stellaro Brands, which operates consumer brands.
The business model is focused on value-conscious consumers and digital commerce services. The company has described its ecosystem as asset-light and technology-led.
AceVector (Snapdeal) IPO Business Strengths
- Presence across value e-commerce, e-commerce SaaS and consumer brands.
- Snapdeal serves the value-focused online shopping segment.
- Unicommerce provides technology solutions supporting e-commerce operations.
- Diversified digital-commerce ecosystem rather than reliance on a single product category.
- Revenue from operations increased to about ₹510.38 crore in FY2026 from ₹395.02 crore in FY2025.
AceVector (Snapdeal) IPO Objects of the Issue
The fresh issue proceeds are proposed to support the marketplace business and general corporate purposes.
| Use of Funds | Amount |
|---|---|
| Marketing and business-promotion expenses of the Marketplace business | ₹132 Cr |
| Technology infrastructure costs of the Marketplace business | ₹50 Cr |
| Inorganic growth and general corporate purposes | Balance Amount |
AceVector (Snapdeal) IPO Financial Performance
AceVector reported strong revenue growth in FY2026, while remaining loss-making. Restated financial information shows revenue from operations of ₹510.38 crore in FY2026 and a loss after tax of about ₹45.51 crore.
| Particulars (₹ Crore) | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue from Operations | 379.76 | 395.02 | 510.38 |
| PAT | -51.30 | -126.31 | -45.51 |
| EBITDA | -35.77 | -107.79 | -22.17 |
| Net Worth | -142.09 | 126.33 | 102.08 |
AceVector (Snapdeal) IPO Potential Positives and Key Risks
Potential Positives
- Growing revenue from the digital-commerce ecosystem.
- Multiple businesses across marketplace, SaaS and consumer brands.
- Asset-light and technology-led operating model.
- Fresh issue funds are directed toward marketplace marketing, technology and growth initiatives.
Key Risks
- The company remained loss-making in FY2026.
- Competition in Indian e-commerce and e-commerce enablement is significant.
- Consumer spending, customer acquisition costs and marketplace economics can affect performance.
- Technology, cybersecurity and data-protection risks can affect digital operations.
- Execution of growth and acquisition plans may require additional capital and operating resources.
AceVector (Snapdeal) IPO Registrar & Lead Managers
IPO Registrar: MUFG Intime India Pvt. Ltd.
Book Running Lead Managers:
- IIFL Capital Services Ltd.
- CLSA India Pvt. Ltd.
- Systematix Corporate Services Ltd.
AceVector Ltd. Contact Details
Note: The contact details should be checked against the company’s latest RHP and investor-relations disclosures before publication.
AceVector (Snapdeal) IPO Quick Summary
AceVector (Snapdeal) IPO opens on 25 September 2026 and closes on 29 September 2026, with a price band of ₹30 – ₹32 and a minimum lot size of 468 shares.
The total issue size is approximately ₹420 Crore. The issue structure is Fresh Issue + Offer for Sale.
Investors should review the company’s RHP, financial statements, risk factors and official exchange/registrar updates before making any investment decision.
AceVector (Snapdeal) IPO FAQs
Disclaimer
This IPO information is provided solely for educational and informational purposes. IPO investments are subject to market risks, and actual listing performance may differ from expectations. Grey market premium (GMP), where mentioned on linked pages, is unofficial and may change. Investors should carefully review the company’s RHP, financial statements, risk factors and other official disclosures before making any investment decision. TradingMinds does not provide investment advice or guarantee IPO listing gains.
