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Acevector IPOLISTED

NSE, BSEMainboardBook Built Issue

AceVector Limited operates a digital commerce ecosystem through Snapdeal, Unicommerce and Stellaro Brands, spanning e-commerce, SaaS and consumer brands.

Compare

Listing price

₹28.32

Listing gain

-11.50%

Current

₹28.32

Listed

05 Oct 26

Opens

25 Sept 26

Closes

29 Sept 26

Allotment

30 Sept 26

Refund

01 Oct 26

Demat

01 Oct 26

Listing

05 Oct 26

Listed at

₹28.32

-11.50% on 05 Oct 26

Min. investment₹14,976
GMP₹1 · +3.1%
Subscribed5.07x
Track in the app

Overview

Price band

₹30-32

Lot size

468 shares

Min. investment

₹14,976

Issue size

₹420.00 Cr

13.13 Cr shares

Fresh issue

₹287 Cr

8.97 Cr shares

Offer for sale

₹133 Cr

4.16 Cr shares

Face value

₹1 / share

Issue type

Book Built Issue

Listing at

NSE, BSE

Reservation

Anchor Investor 45%QIB 30%B-HNI 10%S-HNI 5%Individual 10%
CategoryShares offered% of issue
Anchor Investor5,90,62,50045%
QIB3,93,75,00030%
NII (HNI)1,96,87,50015%
B-HNI1,31,25,00010%
S-HNI65,62,5005%
Individual1,31,25,00010%
Total13,12,50,000100%

Lot size & investment

ApplicationLotsSharesAmount
Retail (Min)1468₹14,976
Retail (Max)136,084₹1,94,688
S-HNI (Min)146,552₹2,09,664
S-HNI (Max)6630,888₹9,88,416
B-HNI (Min)6731,356₹10,03,392

Listing performance

NSE/BSE: ACEVECTOR

Listing gain

−11.50%

Gain per retail lot

₹-1,722.24

Latest vs issue

—

GMP was

₹1 (+3.13%)

₹32
₹33+3.13%
₹28.32−11.50%

Issue price

GMP estimate

Listing price

Latest price appears here during market hours.

Acevector Live GMP

GMP₹1
Est. Price₹33
Est. Gain3.13%

Not enough GMP history yet to draw a trend.

GMP × retail lot ₹468GMP × S-HNI min ₹6,552Expected listing ~ ₹33GMP is unofficial and changes often. Data as of 29 Sept, 06:18 pm.

Subscription

29 Sept, 06:18 pm

Oversubscribed 5.07 times · 1,33,108 applications

QIB
3.42x
NII (HNI)
8.53x
S-HNI
6.94x
B-HNI
9.33x
Retail
4.83x
Total
5.07x

Total applications

1,33,108

Total bid amount

₹1,172 Cr

Category breakdown

CategoryShares offeredShares bidTimesBid amount
QIB3,93,75,00013,48,53,2643.42x₹432 Cr
NII (HNI)1,96,87,50016,79,37,1208.53x₹537 Cr
B-HNI1,31,25,00012,24,01,6569.33x₹392 Cr
S-HNI65,62,5004,55,35,4646.94x₹146 Cr
Retail1,31,25,0006,33,52,6924.83x₹203 Cr
Total7,21,87,50036,61,43,0765.07x₹1,172 Cr

Application-wise breakup

CategoryApplications reservedAppliedTimes
B-HNI2,0033,2621.63x
S-HNI1,0026,8516.84x
Retail28,0451,22,8294.38x

Allotment chance per application is roughly 1 ÷ times for the category (lottery for retail and S-HNI).

Financials

(₹ in crores)

0200400600Mar 2024 · Revenue: 384.74Mar 2024 · Expense: 427.67Mar 2024 · Profit after tax: 51.3Mar 2024 · Assets: 410.5Mar 2024Mar 2025 · Revenue: 406.77Mar 2025 · Expense: 453.75Mar 2025 · Profit after tax: 126.31Mar 2025 · Assets: 558.09Mar 2025 · Borrowing: 0.45Mar 2025Mar 2026 · Revenue: 537.67Mar 2026 · Expense: 575.22Mar 2026 · Profit after tax: 45.51Mar 2026 · Assets: 575.28Mar 2026

Key performance indicators

As of 30 Jun 2026

Price to Book Value

14.48

RoNW

-59.54%

Valuation vs listed peers

EPS Pre IPO

-₹1

P/E Pre IPO

-32

Price-to-earnings

CompanyP/EP/BRoNWFace value
FSN E-Commerce Ventures Limited462.5———
Brainbees Solutions Limited————
Meesho Limited————

Peer median P/E 462.5× · Ratios as disclosed in the offer document.

Buzz AI analysis

From this IPO's filings and market data · educational, not investment advice

Revenue growth FY24 → FY26

+39.7%

Profit growth FY24 → FY26

-11.3%

P/E vs peer median

-32.0× vs 462.5×

  • Priced below its listed-peer median P/E.
  • Price-to-book of 14.5× leaves little room for an earnings miss.

Strengths & risks

  • Diversified Business Model across marketplace, SaaS and consumer brands.
  • Value-Focused Marketplace targeting Tier 2+ and smaller cities.
  • Technology-Driven Operations using data, technology and AI.
  • SaaS Portfolio covering multiple e-commerce functions.
  • Cross-Platform Synergies through shared technology and infrastructure.
5.3/10

Buzz score · Watch

From GMP, subscription and issue size

Financials5.6
Growth5.2
Business5.2
Demand5.5
Risk7.2

Objects of the issue

PurposeAmount (₹ Cr)
Funding a portion of the marketing and business promotion expense of the Marketplace business of Company.132
Funding the technology infrastructure costs of the Marketplace business of Company.50
Funding inorganic growth through acquisitions and general corporate purpose.-

Company & documents

AceVector Limited operates a capital-efficient digital commerce ecosystem across three businesses: Snapdeal (value-focused e-commerce marketplace), Unicommerce (e-commerce enablement SaaS), and Stellaro Brands (omnichannel consumer brands).

Snapdeal operates a value-focused lifestyle e-commerce marketplace, serving value-conscious consumers, particularly in Tier 2+ and smaller cities, with affordable lifestyle products supported by data, technology and AI-driven capabilities.

Unicommerce provides e-commerce enablement SaaS solutions through Uniware, Shipway and Convertway, supporting order, inventory, warehouse, logistics and marketing operations for merchants and brands.

Stellaro Brands operates an omnichannel portfolio of value-focused consumer brands, leveraging Snapdeal’s consumer insights, Unicommerce’s technology and AceVector’s shared services.

Together, these businesses form AceVector’s “triple-engine” digital commerce model, supported by dedicated teams, shared infrastructure, technology and strategic oversight.

As of March 31, 2026, AceVector had 332 full-time employees on a standalone basis.

Registrar

MUFG Intime India Pvt. Ltd.

Phone: 022-49186000

Email: acevector.ipo@in.mpms.mufg.com

Web: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Company contact

Acevector Ltd.

Mezzanine Floor, A-83, Okhla Industrial Area, Ph-II, Delhi, New Delhi, 110020

Phone: +91 1244739850

Email: contact@acevector.com

Web: https://www.acevector.com/

Book running lead managers

  • CLSA India Private Limited
  • IIFL Capital Services Limited
  • Systematix Corporate Services Limited

Promoters

65.9%Pre Issue
50.0%Post Issue
  • Kunal Bahl
  • Rohit Kumar Bansal
  • Starfish I Pte.Ltd.