Acevector (Snapdeal) IPO
Updated 11 Nov 2026, 6:45 pm.
Minimum investment (Retail)
₹14,976
1 lot · 468 shares at the upper price band
Price band
₹32
Latest GMP
₹1
+3.1% of the ₹32 upper band
Est. listing price
₹33
Issue size
₹420 Cr
Listing price
₹28.32
NSE ACEVECTOR, special pre-open price
Listing gain
-11.5%
Listing price against the issue price
First-day close
₹26.08
Since issue
-33.3%
₹21.34 close, 13 Nov 2026
As NSE lists it
The exchange's own issue data, NSE symbol ACEVECTOR · read 14 Nov 2026, 12:15 am
- Price band
- ₹30–32
- Bidding
- 25 Sept 2026 – 29 Sept 2026
- Subscribed (NSE)
- —
- Shares offered
- —
- Listed
- 5 Oct 2026
- Issue price
- ₹32
NSE's subscription counts bids on its own platform and can differ from the combined NSE + BSE figure above.
Allotment status
Check it on the registrar's page or either exchange with your PAN or application number.
- Allotment finalised30 Sept 2026(done)
- Refunds start1 Oct 2026(done)
- Shares credited to demat1 Oct 2026(done)
- Listing5 Oct 2026(done)
GMP history
Each point is a recorded observation from the scheduled data sync.
| Observed | GMP | Est. listing price |
|---|---|---|
| 5 Oct 2026, 6:50 pm | ₹1 | ₹33 |
| 5 Oct 2026, 6:45 pm | ₹1 | ₹33 |
| 5 Oct 2026, 1:50 pm | ₹1 | ₹33 |
| 5 Oct 2026, 1:45 pm | ₹1 | ₹33 |
| 5 Oct 2026, 11:31 am | ₹1 | ₹33 |
| 5 Oct 2026, 8:50 am | ₹1 | ₹33 |
| 5 Oct 2026, 8:45 am | ₹1 | ₹33 |
| 3 Oct 2026, 10:44 pm | ₹1 | ₹33 |
| 3 Oct 2026, 6:50 pm | ₹1 | — |
| 3 Oct 2026, 1:50 pm | ₹1 | — |
| 3 Oct 2026, 8:50 am | ₹1 | — |
| 2 Oct 2026, 6:50 pm | ₹1 | — |
| 2 Oct 2026, 1:50 pm | ₹1 | — |
| 2 Oct 2026, 8:50 am | ₹1 | ₹33 |
| 2 Oct 2026, 8:45 am | ₹1 | ₹33 |
| 1 Oct 2026, 6:50 pm | ₹1 | ₹33 |
| 1 Oct 2026, 6:45 pm | ₹1 | ₹33 |
| 1 Oct 2026, 1:50 pm | ₹1 | ₹33 |
| 1 Oct 2026, 1:45 pm | ₹1 | ₹33 |
| 1 Oct 2026, 8:50 am | ₹1 | — |
| 30 Sept 2026, 6:50 pm | ₹1 | ₹34 |
| 30 Sept 2026, 6:45 pm | ₹2 | ₹34 |
| 30 Sept 2026, 1:50 pm | ₹1 | ₹34 |
| 30 Sept 2026, 1:45 pm | ₹2 | ₹34 |
| 29 Sept 2026, 6:50 pm | ₹2 | ₹34 |
| 29 Sept 2026, 6:45 pm | ₹2 | ₹34 |
| 29 Sept 2026, 1:50 pm | ₹2 | ₹34 |
| 29 Sept 2026, 1:45 pm | ₹2 | ₹34 |
| 29 Sept 2026, 8:50 am | ₹2 | ₹34 |
| 29 Sept 2026, 8:45 am | ₹2 | ₹34 |
| 28 Sept 2026, 6:50 pm | ₹2 | ₹34 |
| 28 Sept 2026, 6:45 pm | ₹2 | ₹34 |
| 28 Sept 2026, 1:50 pm | ₹2 | ₹34 |
| 28 Sept 2026, 1:45 pm | ₹2 | ₹34 |
| 28 Sept 2026, 8:50 am | ₹2 | ₹34 |
| 28 Sept 2026, 8:45 am | ₹2 | ₹34 |
| 26 Sept 2026, 6:50 pm | ₹2 | ₹34 |
| 26 Sept 2026, 6:45 pm | ₹2 | ₹34 |
| 26 Sept 2026, 1:50 pm | ₹2 | ₹34 |
| 26 Sept 2026, 1:45 pm | ₹2 | ₹34 |
| 26 Sept 2026, 8:50 am | ₹2 | ₹34 |
| 26 Sept 2026, 8:45 am | ₹2 | ₹34 |
| 25 Sept 2026, 6:50 pm | ₹2 | ₹34 |
| 25 Sept 2026, 6:45 pm | ₹2 | ₹34 |
| 25 Sept 2026, 1:51 pm | ₹3 | — |
| 25 Sept 2026, 1:45 pm | ₹2 | ₹34 |
| 25 Sept 2026, 8:50 am | ₹2 | ₹34 |
| 25 Sept 2026, 8:45 am | ₹2 | ₹34 |
| 24 Sept 2026, 6:50 pm | ₹2 | ₹34 |
| 24 Sept 2026, 6:45 pm | ₹2 | ₹34 |
| 24 Sept 2026, 1:50 pm | ₹0 | ₹32 |
| 24 Sept 2026, 1:45 pm | ₹0 | ₹32 |
| 24 Sept 2026, 8:50 am | ₹0 | ₹32 |
| 24 Sept 2026, 8:45 am | ₹0 | ₹32 |
| 23 Sept 2026, 6:50 pm | ₹0 | ₹32 |
| 23 Sept 2026, 6:45 pm | ₹0 | ₹32 |
| 23 Sept 2026, 1:50 pm | ₹0 | ₹0 |
| 23 Sept 2026, 1:45 pm | ₹0 | ₹0 |
| 23 Sept 2026, 8:50 am | ₹0 | ₹0 |
| 23 Sept 2026, 8:45 am | ₹0 | ₹0 |
| 22 Sept 2026, 6:50 pm | ₹0 | ₹0 |
| 22 Sept 2026, 6:45 pm | ₹0 | ₹0 |
GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.
Issue details
- Board
- Mainboard
- Price band
- ₹32
- Issue size
- ₹420 Cr
- Lot size
- 468
- Opens
- 25 Sept 2026
- Closes
- 29 Sept 2026
- Allotment
- 30 Sept 2026
- Listing
- 5 Oct 2026
- Est. listing price
- ₹33
- Listing price
- ₹28
- Listing gain
- -11.5%
- Registrar
- MUFG Intime India Pvt.Ltd.
- Minimum investment
- ₹14,976 (1 lot · 468 shares)
- Face value
- ₹1 per share
- Issue type
- Bookbuilding IPO
- Sale type
- Fresh capital cum OFS
- Fresh issue
- ₹287 Cr
- Offer for sale
- ₹133 Cr
- Listing at
- BSE, NSE
- Refunds
- 1 Oct 2026
- Shares credited
- 1 Oct 2026
- Promoter holding
- 64.11% before · 49.96% after
- Lead managers
- IIFL Capital Services Ltd., CLSA India Pvt.Ltd., Systematix Corporate Services Ltd.
Offer documents & links
Subscription by category
As of 29 Sept 2026, 6:53 pm.
Total subscription
5.07x
Full issue details
Details as published for this issue, read 3 Oct 2026, 9:05 am. Verify against the RHP before applying.
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 |
| Issue Price | ₹32 per share |
| 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 |
| BSE Script Code / NSE Symbol | 544962 / ACEVECTOR |
| ISIN | INE580P01029 |
IPO Timetable
- IPO Open
- Fri, Sep 25, 2026
- IPO Close
- Tue, Sep 29, 2026
- Allotment
- Wed, Sep 30, 2026
- Refund
- Thu, Oct 1, 2026
- Credit of Shares
- Thu, Oct 1, 2026
- Listing
- Mon, Oct 5, 2026
Issue Reservation
- QIB75.00%
- NII (HNI)15.00%
- Retail10.00%
| Investor Category | Shares | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB | 9,84,37,500 | 75.00% | NA |
| - Anchor Investor | 5,90,62,500 | 45.00% | NA |
| - QIB (Ex. Anchor) | 3,93,75,000 | 30.00% | NA |
| NII (HNI) | 1,96,87,500 | 15.00% | NA |
| - bNII > ₹10L | 1,31,25,000 | 10.00% | 2,003 |
| - sNII < ₹10L | 65,62,500 | 5.00% | 1,001 |
| Retail | 1,31,25,000 | 10.00% | 28,044 |
| Total | 13,12,50,000 | 100.00% | — |
Snapdeal IPO comprises a total issue size of 13,12,50,000 shares. Out of which, 9,84,37,500 (75.00%) are allocated to QIB , 1,96,87,500 (15.00%) allocated to NII 1,31,25,000 (10.00%) allocated to RII .
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 468 | ₹14,976 |
| Retail (Max) | 13 | 6,084 | ₹1,94,688 |
| S-HNI (Min) | 14 | 6,552 | ₹2,09,664 |
| S-HNI (Max) | 66 | 30,888 | ₹9,88,416 |
| B-HNI (Min) | 67 | 31,356 | ₹10,03,392 |
Investors can bid for a minimum of 468 shares and in multiples thereof.
IPO Anchor Investors
| Bid Date | Thu, Sep 24, 2026 |
|---|---|
| Shares Offered | 5,90,62,500 |
| Anchor Portion (₹ Cr.) | 189.00 |
| Anchor lock-in period end date for 50% shares (30 Days) | Fri, Oct 30, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Tue, Dec 29, 2026 |
Snapdeal IPO raises ₹ 189.00 crore from anchor investors . Snapdeal IPO Anchor bid date is September 24, 2026 .
📝 Anchor Investors Letter (PDF)
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)
Total Income
Profit After Tax
EBITDA
NET Worth
| 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 | — |
| Amount in ₹ Crore |
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.
Recently Listed IPOs in E-Retail/ E-Commerce
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Rentomojo Ltd. | Mainboard | ₹1,255.57 Cr | ₹404 | 39.26 | ₹534.25 | +32.24% | ₹524.60 |
| Meesho Ltd. | Mainboard | ₹5,421.20 Cr | ₹111 | -11.63 | ₹170.09 | +53.23% | ₹218.69 |
| Acetech E-Commerce Ltd. | SME | ₹48.95 Cr | ₹112 | 19.56 | ₹117.60 | +5.00% | ₹140.00 |
IPO Objects of the Issue
| # | 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 | 70.92 |
| 4 | Issue Expenses | 49.86 |
| Total | 302.78 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Key Performance Indicator (KPI)
| KPI | Mar 31, 2026 |
|---|---|
| RoNW | -59.54% |
| NAV | 2.21 |
| P/B (x) | 14.48 |
Check IPO Peer Comparison here.
IPO Valuation
| 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 |
Disclaimer
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
Pre IPO
- Promoter and Promoter Group64.11%
- Public35.89%
Post IPO
- Promoter and Promoter Group49.96%
- Public50.04%
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 64.11% | 49.96% |
| Public | 35.89% | 50.04% |
| Total | 100% | 100% |
Company Promoters: Kunal Bahl, Rohit Kumar Bansal and Starfish I Pte.Ltd..
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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 |
| Rupen Investment & Industries Pvt.Ltd. | Corporate | 2,69,120 | 0.86 |
| Centaurus Trading & Investments Pvt.Ltd. | Corporate | 2,69,120 | 0.86 |
| Kenneth Stuart Glass | Other | 13,20,799 | 4.23 |
| Jason Ashok Kothari | Other | 11,11,680 | 3.56 |
| Misha Kohli | Other | 2,15,280 | 0.69 |
| Laurent Bernard Amouyal | Other | 2,24,786 | 0.72 |
| Radhika Gupta | Other | 53,840 | 0.17 |
| Nalin Luis Moniz | Other | 53,840 | 0.17 |
| Total | — | 4,15,62,500 | 133.00 |
Snapdeal IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 0 | 0 | 0 | 2 |
| Members | 0 | 0 | 0 | 0 |
IPO Subscription Status
| Category | Subscription (x) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB (Ex Anchor) | 3.42 | 3,93,75,000 | 13,48,53,264 |
| NII | 8.53 | 1,96,87,500 | 16,79,37,120 |
| bNII (> ₹10L) | 9.33 | 1,31,25,000 | 12,24,01,656 |
| sNII (< ₹10L) | 6.94 | 65,62,500 | 4,55,35,464 |
| Retail | 4.83 | 1,31,25,000 | 6,33,52,692 |
| Total | 5.07 | 7,21,87,500 | 36,61,43,076 |
The Snapdeal IPO is subscribed 5.07 times on September 29, 2026 6:53:46 PM (Day 3). The public issue subscribed 4.83 times in the retail category, 3.42 times in the QIB category, and 8.53 times in the NII category. Check Day by Day Subscription Details (Live Status)
Reload
Total Applications: 1,33,108
IPO Expenses
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLMs fees and commissions (including underwriting commission, brokerage and selling commission | 20.12 |
| 2 | Commission/processing fee for SCSBs and Bankers to the Offer and fee payable to the Sponsor Banks for Bids made by RIBs using UPI. Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.69 |
| 3 | Fees payable to the Registrar to the Offer | 0.03 |
| 4 | Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | 2.05 |
| 5 | Printing and stationery | 0.42 |
| 6 | Advertising and marketing expenses for the Offer | 1.78 |
| 7 | Fee payable to legal counsels | 10.25 |
| 8 | Miscellaneous | 14.53 |
| Total | 49.86 |
📰 Acevector Ltd. - Useful Articles
› Snapdeal IPO News: Latest Updates, Expected Dates and Key Highlights
› Snapdeal IPO: A Complete Guide To The Upcoming Public Issue
› Snapdeal IPO: A Complete Guide To The Upcoming Public Issue
IPO Registrar
MUFG Intime India Pvt.Ltd.
022-49186000
acevector.ipo@in.mpms.mufg.com
IPO Lead Manager(s)
IIFL Capital Services Ltd.
CLSA India Pvt.Ltd.
Systematix Corporate Services Ltd.
Contact Details
Acevector Ltd. Address
Mezzanine Floor, A-83,
Okhla Industrial Area,
Ph-II,
Delhi, New Delhi , 110020
+91 1244739850
contact@acevector.com
Acevector (Snapdeal) IPO in the news
Recent coverage in the financial press. Headlines are the publishers' own; verify details with the RHP.
Snapdeal parent, AceVector IPO allotment: How to check status on BSE, NSE, MUFG Intime
indiaipo.in · 30 Sept 2026
AceVector IPO allotment: Check status on BSE, NSE and registrar — latest GMP here
Moneycontrol.com · 30 Sept 2026
Snapdeal IPO Allotment Status: Check AceVector BSE NSE Online
HDFC Sky · 30 Sept 2026
Snapdeal-Parent AceVector IPO Allotment Status Today: Check Status, GMP, Expected Listing Price And Listing Date
NDTV Profit · 30 Sept 2026
IPO GMP Today: AceVector Vs Orient Cables Vs Runwal - Which Has Highest Listing Gain Potential?
NDTV Profit · 30 Sept 2026
[Update] AceVector IPO Closes With 4.93X Oversubscription
Inc42 · 29 Sept 2026
Acevector IPO Subscription Day 3: Issue Subscribed 5.07 Times
HDFC Sky · 29 Sept 2026
AceVector IPO gets 23% subscription on first day
Prop News Time · 29 Sept 2026
Acevector (Snapdeal): common questions
Answered from this issue's own record.