Acevector Ltd. (Snapdeal IPO)

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Overview

AceVector Limited runs an asset-light digital commerce ecosystem spanning three connected businesses: Snapdeal (a value-focused lifestyle e-commerce marketplace operating a zero-inventory model), Unicommerce (an e-commerce enablement SaaS suite including Uniware, Shipway and Convertway for order, inventory, shipping and marketing automation), and Stellaro Brands (an omnichannel consumer brands platform currently scaling the women’s ethnic wear brand Rangita through online channels and physical stores). The group leverages shared technology, data and centralized functions to create cross-business synergies across the e-commerce value chain.

Opening Date

Sep 25, 2026

Closing Date

Sep 29, 2026

Listing Date

Oct 05, 2026

IPO Type

Mainboard

IPO Status

Listing pending

Issue Size

420 Cr

Fresh Issue

287 Cr

Offer for Sale

133 Cr

Price Band

₹30 - ₹32

Lot Size

468

IPO Price

₹32.00

Listing Price

Available on listing day

Listing Gains

Available on listing day

Est. Listing Gains

+0.00%

GMP Trend

Listing gain is not available

IPO Timeline

Sep 25, 2026

Open Date

Sep 29, 2026

Close Date

Sep 30, 2026

Allotment Date

Oct 01, 2026

Initiation of Refunds

Oct 05, 2026

Listing Date

Financials

Use of IPO funds

Total IPO size₹420 Cr

Funding a portion of the marketing and business promotion expense of the Marketplace business of our Company₹132 Cr

Funding the technology infrastructure costs of the Marketplace business of our Company₹50 Cr

Funding inorganic growth through acquisitions and general corporate purposes₹0 Cr

Key Performance Indicator

P/E Ratio

-32

EPS

-1

ROE

-59.54%

ROCE

—

RONW

-59.54%

Debt to Equity Ratio

—

PAT Margin

-8.46%

EBITDA Margin

-4.12%

P/B

14.48

Bull vs Bear

Bull case

•
The marketplace plus SaaS mix reduces reliance on one line of business, so a slowdown in one area need not derail the whole company.
•
Unicommerce serves 8,261 clients and processes large volumes, which can create sticky relationships because switching core operations software is painful.
•
Snapdeal’s focus on Tier 2+ value shoppers targets a large, growing online buyer pool, so there is room to deepen usage as internet access spreads.

Bear case

•
Losses across FY24–FY26 mean the business has not yet proven it can grow without burning money, which can limit reinvestment options during tough periods.
•
Cash used in operations for three years shows the business may need ongoing funding, so any cash squeeze could force cost cuts that hurt growth.
•
Marketplace contributes 57.54% of revenue, so weaker Snapdeal user growth or higher marketing costs can quickly pressure overall revenue and margins.

Subscription Rate

Category	Shares Bid For	Shares Offered	Times Subscribed
Qualified Institutional Buyers	13.49 Cr	3.94 Cr	3.42x
Non-Institutional Investors	16.79 Cr	1.97 Cr	8.53x
Retail Individual Investors	6.34 Cr	1.31 Cr	4.83x
Total	36.61 Cr	7.22 Cr	5.07x

Application Details

Category	Price Band	Application Range	Lot Size
Regular			0

Frequently Asked Questions

The Acevector Ltd. (Snapdeal IPO) IPO is scheduled to open for subscription on Sep 25, 2026 and close on Sep 29, 2026. Investors can apply for shares during this period through eligible platforms.

The price band for the Acevector Ltd. (Snapdeal IPO) IPO is ₹30 to ₹32. Investors can place bids within this range once the issue opens.

The minimum lot size for the Acevector Ltd. (Snapdeal IPO) IPO is 468 shares. The minimum investment amount ₹14,976.

The total issue size of the Acevector Ltd. (Snapdeal IPO) IPO is approximately ₹420.00 Cr. Issue size represents the total value of shares offered to the public.

As per the latest available information, the Acevector Ltd. (Snapdeal IPO) IPO has been subscribed 5.07 times. Subscription levels can change significantly during the offer period.

The Grey Market Premium (GMP) for the Acevector Ltd. (Snapdeal IPO) IPO is ₹0. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.

The shares of Acevector Ltd. (Snapdeal IPO) are expected to list on stock exchanges on Oct 05, 2026, subject to completion of the allotment process and regulatory approvals.

The net proceeds from the Acevector Ltd. (Snapdeal IPO) IPO are proposed to be used for Our Company proposes to utilize the Net Proceeds towards funding the following objects (collectively, referred to as “Objects”):, Funding a portion of the marketing and business promotion expense of the Marketplace business of our Company, Funding the technology infrastructure costs of the Marketplace business of our Company, Funding inorganic growth through acquisitions and general corporate purposes.

Before applying for the Acevector Ltd. (Snapdeal IPO) IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.