Acevector IPO
Bookbuilding IPO | ₹420.00 Cr | Listing at BSE, NSE
IPO Open
Fri, Sep 25, 2026
IPO Close
Tue, Sep 29, 2026
Price Band
₹30.00 to ₹32.00
Market Cap (Pre-IPO)
₹1,741.40 Cr
IPO Details
| IPO Date | Sep 25, 2026 to Sep 29, 2026 |
| Listing Date | Tentative: Oct 05, 2026 |
| Face Value | ₹1.00 per share |
| Price Band | ₹30.00 to ₹32.00 |
| Lot Size | 468 Shares (Minimum: ₹14,976.00) |
| Sale Type | Offer For Sale + Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Issue Size | ₹420.00 Crores |
| Total Shares Offered | 131,250,000 shares |
| Fresh Issue | 89,687,500 shares |
| Offer For Sale | 41,562,500 shares |
Acevector IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Offer |
| Retail Shares Offered | Not more than 10% of the Offer |
| NII Shares Offered | Not more than 15% of the Offer |
Acevector IPO Lot Size
Investors can bid for a minimum of 468 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 468 | ₹14,976 |
| Retail (Max) | 13 | 6,084 | ₹194,688 |
| S-HNI (Min) | 14 | 6,552 | ₹209,664 |
| S-HNI (Max) | 66 | 30,888 | ₹988,416 |
| B-HNI (Min) | 67 | 31,356 | ₹1,003,392 |
Acevector Financial Information (Restated Consolidated)
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.
| 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 ₹ Cr
Key Performance Indicators
As of Tuesday, March 31, 2026| KPI | Values |
|---|---|
| RoNW (Return on Net Worth) | -59.54% |
| Price to Book Value | 14.48 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | -1.00 | - |
| P/E (x) | -32.00 | - |
Company Overview
Acevector Ltd. – Company Overview
- Incorporated in 2007, Acevector Ltd. operates an asset-light digital commerce ecosystem through its subsidiaries, spanning data, technology and AI-driven businesses.
- The Company's operations include a value-focused e-commerce marketplace, e-commerce enablement SaaS platforms and consumer brand businesses.
- The ecosystem comprises:
- Snapdeal: A value-driven lifestyle e-commerce marketplace offering affordable and quality merchandise across various lifestyle categories.
- Uniware, Convertway and Shipway: E-commerce enablement SaaS platforms providing a comprehensive suite of solutions supporting end-to-end e-commerce operations.
- Stellaro Brands: An omnichannel portfolio of value-focused consumer brands.
- In Fiscal 2026, Snapdeal served customers nationwide across 18,972 pin codes in India, primarily catering to middle-income and value-conscious consumers in Tier 2+ and smaller cities.
- The Company's ecosystem is focused on addressing the large untapped value e-commerce market through its combination of digital commerce, technology, SaaS and consumer brand businesses.
Company 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
Use of Proceeds
| 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 | |
| Total | 182.00 |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Acevector IPO Peer Comparison
Acevector peer comparison with similar listed entities. (As on March 31, 2026)| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| AceVector | -1.32 | -1.32 | 2.21 | - | -59.54 | - | - |
| FSN E-Commerce Ventures | 0.70 | 0.70 | 5.00 | 462.50 | 13.87 | 64.60 | - |
| Brainbees Solutions | -2.90 | -2.90 | 90.71 | - | -2.91 | 1.88 | - |
| Meesho | -3.11 | -3.11 | 9.25 | - | -30.95 | 23.00 | - |
Quick Info
| Sector | E-Commerce and Digital Enablement technology |
| Exchange | BSE, NSE |
| Market Cap (Pre-IPO) | ₹1,741.40 Cr |
Important Dates
| IPO Open | Sep 25, 2026 |
| IPO Close | Sep 29, 2026 |
| Allotment Date | Sep 30, 2026 |
| Credit to Demat | Oct 01, 2026 |
| Listing Date | Tentative: Oct 05, 2026 |
Lead Manager(s)
IIFL Capital Services Ltd.
Registrar
Description
- IPO Type: Book build issue aggregating to ₹420.00 crores.
- Issue Structure: The issue is a combination of a fresh issue of 8.97 crore shares aggregating to ₹287.00 crores and an offer for sale of 4.16 crore shares aggregating to ₹133.00 crores.
- IPO Dates: The issue opens for subscription on September 25, 2026 and closes on September 29, 2026.
- Allotment Date: The allotment is expected to be finalized on September 30, 2026.
- Listing Details: The shares are proposed to be listed on NSE and BSE on October 5, 2026.
- Retail Investment Requirement: Minimum 1 lot (468 shares) amounting to approximately ₹14,976 at the upper price band.
This IPO offers investors an opportunity to participate in the company through a combination of a fresh issue of shares and an offer for sale by existing shareholders.