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IPO Open

Fri, Sep 25, 2026

IPO Close

Tue, Sep 29, 2026

Price Band

₹30 to ₹32

Market Cap

₹1,741.40 Cr * on Upper Price

IPO Details

  • IPO Date
    25 to 29 Sep, 2026
  • Listing Date
    Mon, Oct 5, 2026
  • Face Value
    ₹1 per share
  • Price Band
    ₹30 to ₹32
  • Lot Size
    468 Shares
  • Sale Type
    Fresh capital cum OFS
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE, NSE
  • Total Issue Size
    13,12,50,000 shares (agg. up to ₹420 Cr)
  • Fresh Issue
    8,96,87,500 shares (agg. up to ₹287 Cr)
  • Offer for Sale
    4,15,62,500 shares of ₹1 (agg. up to ₹133 Cr)
  • Share Holding Pre Issue
    45,44,99,270 shares
  • Share Holding Post Issue
    54,41,86,770 shares

IPO Timetable (Tentative)

  • IPO Open
    Fri, Sep 25, 2026
  • Allotment
    Wed, Sep 30, 2026
  • Credit of Shares
    Thu, Oct 1, 2026
  • IPO Close
    Tue, Sep 29, 2026
  • Refund
    Thu, Oct 1, 2026
  • Listing
    Mon, Oct 5, 2026

Issue Reservation

Investor Category Shares
QIB Not less than 75% of the Offer
Retail Not more than 10% of the Offer
NII Not more than 15% of the Offer

IPO Lot Size

Investors can bid for a minimum of 468 shares and in multiples thereof.

Application Lots Shares Amount
Retail (Min) 1 468 ₹14,976
Retail (Max) 13 6084 ₹1,94,688
S-HNI (Min) 14 6552 ₹2,09,664
S-HNI (Max) 66 30888 ₹9,88,416
B-HNI (Min) 67 31356 ₹10,03,392

About Acevector Ltd.

Incorporated in 2007, Acevector Ltd. operates an asset-light digital commerce ecosystem through its subsidiaries, spanning data, technology, and AI-driven businesses. Its operations include a value-focused e-commerce marketplace, e-commerce enablement SaaS platforms, and consumer brand businesses.

The ecosystem comprises: (i) Snapdeal, a value-driven lifestyle e-commerce marketplace offering affordable and quality merchandise across lifestyle categories (ii) Uniware, Convertway, and Shipway, providing a comprehensive suite of e-commerce enablement SaaS products that support end-to-end e-commerce operations; and (iii) Stellaro Brands, an omnichannel portfolio of value-focused consumer brands.

In FY 2026, Snapdeal served customers nation-wide across 18,972 pin codes in India, primarily catering to middle-income, value-conscious consumers in Tier 2+ and smaller cities—an important segment of the large untapped value e-commerce market.

Competitive Strengths

  • Diversified ecosystem driving organic and inorganic growth across businesses with centralised strategy support
  • Leading value-focused e-commerce marketplace purpose built for value shoppers
  • Robust unit economics with operating leverage in effect, ensuring improved profitability
  • Proprietary technology stack powering discovery-led, personalised shopping experience
  • Ability to identify, acquire, and scale businesses across the e-commerce value chain
  • Robust governance practices, experienced management and marquee investors

Company Financials (Restated Consolidated)

Acevector Ltd.’s revenue increased by 32% and profit after tax (PAT) rose by 64% between the financial year ending with March 31, 2026 and March 31, 2025.      (Amount in ₹ Crore)

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 575.28 558.09 410.50
Total Income 537.67 406.77 384.74
Profit After Tax -45.51 -126.31 -51.30
EBITDA -22.17 -107.79 -35.77
NET Worth 102.08 126.33 -142.09
Reserves and Surplus 56.99 86.59 -181.83
Total Borrowing 0.45

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IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Funding a portion of the marketing and business promotion expense of the Marketplace business of Company
    132.00
  • 2 Funding the technology infrastructure costs of the Marketplace business of Company
    50.00
  • 3 Funding inorganic growth through acquisitions and general corporate purpose
  • Total
    182.00

Key Performance Indicator (KPI)

Key Performance Indicator (KPI)

KPI Mar 31, 2026
RoNW -59.54%
NAV 2.21
Price to Book Value 14.48
Valuation Metric Pre IPO Post IPO
EPS (₹) -1.00 -ve
P/E (x) -32 -ve
Market Cap at Offer Price ₹1,454.40 Cr. ₹1,741.40 Cr
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group 65.9% 49.96%
Public 34.10% 50.04%
Total 100% 100%

Company Promoters: Kunal Bahl, Rohit Kumar Bansal and Starfish I Pte.Ltd..

Offer For Sale – Selling Shareholders

Name Category No. of Shares Offered Amount (₹ cr.)
Starfish I Pte.Ltd. Promoter 2,76,07,082 88.34
Nexus India Direct Investments II Corporate 73,91,113 23.65
FIH Business Global Pte.Ltd. Corporate 17,40,528 5.57
Nexus Opportunity Fund Ltd. Corporate 8,39,713 2.69
Nexus Ventures III Ltd. Corporate 4,65,599 1.49

Acevector IPO Recommendations

Review By Subscribe May Apply Neutral Avoid
Brokers 0 0 0 0
Members 0 0 0 0

IPO Registrar

MUFG Intime India Pvt.Ltd.

IPO Lead Manager(s)

  1. IIFL Capital Services Ltd.
  2. CLSA India Pvt.Ltd.
  3. Systematix Corporate Services Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Acevector Ltd. Address
Mezzanine Floor, A-83,
Okhla Industrial Area,
Ph-II,
Delhi, New Delhi, 110020

IPO FAQs

Acevector IPO is a main-board IPO of 13,12,50,000 equity shares of the face value of ₹1 aggregating up to ₹420 Crores. The issue is priced at ₹30 to ₹32. The minimum order quantity is 468.

The IPO opens on Fri, Sep 25, 2026, and closes on Tue, Sep 29, 2026.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Angel One customers can apply online in Acevector IPO using UPI as a payment gateway. Angel One customers can apply in Acevector IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Acevector IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Acevector IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The Acevector IPO opens on Fri, Sep 25, 2026 and closes on Tue, Sep 29, 2026.

Acevector IPO lot size is 468, and the minimum amount required for application is ₹14,976.

You can apply in Acevector IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Acevector IPO will be done on Wednesday, September 30, 2026, and the allotted shares will be credited to your demat account by Thu, Oct 1, 2026. Check the Acevector IPO allotment status.

The Acevector IPO listing date is not yet announced. The tentative date of listing is Mon, Oct 5, 2026.

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