Acevector Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 2.04x | 98,437,500 | 200,574,504 | ₹315 Cr |
| NII (HNI) | 8.51x | 19,687,500 | 167,630,112 | ₹63 Cr |
| Retail | 4.75x | 13,125,000 | 62,324,964 | ₹42 Cr |
| Σ Total | 3.28x | 131,250,000 | 430,529,580 | ₹420 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 468 | ₹14,976 |
| Retail (Max) | 13 | 6,084 | ₹194,688 |
| S-HNI (Min) | 14 | 6,552 | ₹209,664 |
| B-HNI (Min) | 67 | 31,356 | ₹1,003,392 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 538 | 407 | 385 |
| EBITDA | -22 | -108 | -36 |
| Profit After Tax | -46 | -126 | -51 |
| Net Worth | 102 | 126 | -142 |
| Total Assets | 575 | 558 | 411 |
| Reserves & Surplus | 57 | 87 | -182 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding a portion of the marketing and business promotion expense of the Marketplace business of Company – 132.00
- Funding the technology infrastructure costs of the Marketplace business of Company – 50.00
- Funding inorganic growth through acquisitions and general corporate purpose –
Company Overview
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