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    Acevector IPO

    Updated 21 Sept 2026, 6:50 pm.

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    Minimum investment

    Not yet published

    Price band

    TBA

    Latest GMP

    Not yet quoted

    Est. listing price

    Issue size

    GMP history

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    GMP history will appear after the scheduled sync records observations.

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    Issue details

    Board
    Mainboard
    Price band
    TBA
    Issue size
    Lot size
    Not disclosed
    Opens
    25 Sept 2026
    Closes
    29 Sept 2026
    Allotment
    30 Sept 2026
    Listing
    5 Oct 2026
    Est. listing price
    Listing price
    Awaited
    Listing gain
    Awaited
    Registrar
    MUFG Intime India Pvt.Ltd.
    Face value
    ₹1 per share
    Issue type
    Bookbuilding IPO
    Sale type
    Fresh capital cum OFS
    Fresh issue
    ₹287 Cr
    Listing at
    BSE, NSE
    Refunds
    1 Oct 2026
    Shares credited
    1 Oct 2026
    Promoter holding
    65.9% before · — after
    Lead managers
    IIFL Capital Services Ltd., CLSA India Pvt.Ltd., Systematix Corporate Services Ltd.

    Full issue details

    Details as published for this issue, read 21 Sept 2026, 7:05 pm. Verify against the RHP before applying.

    IPO Details

    IPO Date25 to 29 Sep, 2026
    Listing DateMon, Oct 5, 2026 T
    Face Value₹ 1 per share
    Price Band
    Sale TypeFresh capital cum OFS
    Issue TypeBookbuilding IPO
    Listing AtBSE, NSE
    Fresh Issue[.] shares (agg. up to ₹ 287 Cr)
    Offer for Sale4,15,62,500 shares of ₹ 1 (agg. up to ₹ [.] Cr)
    Share Holding Pre Issue45,44,99,270 shares

    IPO Timetable (Tentative)

    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

    Investor CategoryShares
    QIBNot less than 75% of the Offer
    RetailNot more than 10% of the Offer
    NIINot more than 15% of the Offer

    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

    31 Mar 2024384.74
    31 Mar 2025406.77
    31 Mar 2026537.67

    Profit After Tax

    31 Mar 2024-51.30
    31 Mar 2025-126.31
    31 Mar 2026-45.51

    EBITDA

    31 Mar 2024-35.77
    31 Mar 2025-107.79
    31 Mar 2026-22.17

    NET Worth

    31 Mar 2024-142.09
    31 Mar 2025126.33
    31 Mar 2026102.08
    Company Financials (Restated Consolidated): Each line is scaled to its own largest period, ₹ crore - compare periods within a line, not one line against another. Figures as published in the table below.
    Period Ended31 Mar 202631 Mar 202531 Mar 2024
    Assets575.28558.09410.50
    Total Income537.67406.77384.74
    Profit After Tax-45.51-126.31-51.30
    EBITDA-22.17-107.79-35.77
    NET Worth102.08126.33-142.09
    Reserves and Surplus56.9986.59-181.83
    Total Borrowing0.45
    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.

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    IPO Objects of the Issue

    Funding a portion of the marketing and business promotion expense of the Marketplace business of Company132.00
    Funding the technology infrastructure costs of the Marketplace business of Company50.00
    IPO Objects of the Issue: What the proceeds are earmarked for (₹ Cr.). Figures as published in the table below.
    #Issue ObjectsEst Amt (₹ Cr.)
    1Funding a portion of the marketing and business promotion expense of the Marketplace business of Company132.00
    2Funding the technology infrastructure costs of the Marketplace business of Company50.00
    3Funding inorganic growth through acquisitions and general corporate purpose
    Total182.00

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

    Key Performance Indicator (KPI)

    KPIMar 31, 2026
    RoNW-59.54%
    NAV2.21

    Check IPO Peer Comparison here.

    Shareholding Structure

    Pre IPO

    • Promoter and Promoter Group65.9%
    • Public34.10%
    Shareholding Structure: Who holds the company before and after the issue. Figures as published in the table below.
    CategoryPre IPOPost IPO
    Promoter and Promoter Group65.9%
    Public34.10%
    Total100%

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

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    Offer For Sale - Selling Shareholders

    NameCategoryNo. of Shares Offered
    Starfish I Pte.Ltd.Promoter2,76,07,082
    Nexus India Direct Investments IICorporate73,91,113
    FIH Business Global Pte.Ltd.Corporate17,40,528
    Nexus Opportunity Fund Ltd.Corporate8,39,713
    Nexus Ventures III Ltd.Corporate4,65,599
    Rupen Investment & Industries Pvt.Ltd.Corporate2,69,120
    Centaurus Trading & Investments Pvt.Ltd.Corporate2,69,120
    Kenneth Stuart GlassOther13,20,799
    Jason Ashok KothariOther11,11,680
    Misha KohliOther2,15,280
    Laurent Bernard AmouyalOther2,24,786
    Radhika GuptaOther53,840
    Nalin Luis MonizOther53,840
    Total4,15,62,500

    Acevector IPO Recommendations

    Review BySubscribeMay ApplyNeutralAvoid
    Brokers0000
    Members0000

    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 IPO in the news

    Recent coverage in the financial press. Headlines are the publishers' own; verify details with the RHP.

    No coverage found yet.

    FAQ

    Acevector: common questions

    Answered from this issue's own record.

    The issue opens on 25 Sept 2026 and closes on 29 Sept 2026, with listing expected on 5 Oct 2026.