Acevector
Founded in 2007, AceVector operates a digital commerce ecosystem consisting of data, technology, and AI-driven businesses – a value e-commerce marketplace (Snapdeal), e-commerce enablement SaaS (Uniware, Convertway, Shipway), and consumer brands (Stellaro Brands).
Price Band
₹32 - ₹32
Lot Size
468 Shares
Issue Size
₹420.00 Cr
Fresh Issue
₹287.00 Cr
OFS
₹133.00 Cr
Registrar
AI Sentiment Score
Current GMP
+₹1
Est. Listing: ₹33 (+3.1%)
📅 IPO Timeline
✓
Open
Sep 25, 2026
✓
Close
Sep 29, 2026
✓
Allotment
Sep 30, 2026
✓
Refund
Oct 1, 2026
5
Demat
Oct 1, 2026
6
Listing
Oct 5, 2026
✨ AI Analysis & Prediction
+1.5%
predicted listing gain
Acevector Ltd operates a digital commerce ecosystem featuring Snapdeal, SaaS enablement products, and consumer brands. While top-line revenues grew to ₹537.67 crores in FY26, the company continues to report net losses (PAT of ₹(45.51) crores in FY26), negative RoNW, and a lack of clear P/E valuation metrics. Subscription demand was moderate at 5.07x total, supported by a mild grey market premium of around 3.12%.
💪 Strengths
- Diversified digital ecosystem spanning value e-commerce (Snapdeal) and SaaS enablement products
- Strong multi-channel presence targeting value-conscious tier-2 and smaller cities
⚠️ Weaknesses
- Persistent net losses with negative PAT and negative Return on Net Worth (RoNW)
- High competition in the digital commerce and e-commerce enablement space
🚀 Opportunities
- Expansion of SaaS-based enablement software suite (Uniware, Convertway, Shipway)
- Growing appetite for value e-commerce platforms in smaller towns and cities
🛡️ Threats
- Intense competition from heavily funded rivals in the e-commerce sector
- Inability to achieve sustainable profitability in near future
🎯 Objectives of the IPO
| Requirement / Purpose | Amount (₹ Cr) |
|---|---|
| Funding a portion of the marketing and business promotion expense of the Marketplace business of Company | ₹220.00 |
| Funding the technology infrastructure costs of the Marketplace business of Company | ₹20.00 |
| Funding inorganic growth through acquisitions and general corporate purpose | ₹180.00 |
📊 Financial Overview
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue (₹ Cr) | Rs 380.00 Cr | Rs 395.00 Cr | Rs 510.00 Cr |
| Net Profit / PAT (₹ Cr) | Rs -51.00 Cr | Rs -126.00 Cr | Rs -46.00 Cr |
| EBITDA / Op. Profit (₹ Cr) | Rs -37.00 Cr | Rs -46.00 Cr | Rs -49.00 Cr |
| Borrowings (₹ Cr) | Rs 16.00 Cr | Rs 16.00 Cr | NA |
| Total Assets (₹ Cr) | Rs 410.00 Cr | Rs 554.00 Cr | NA |
| ROCE % | NA | -95.00% | NA |
📋 Live Subscription Status
QIB
3.42x
NII
6.94x
Retail
4.83x
Total
5.07x
Updated: Oct 2, 2026 8:02 AM
💼 Reservation Quota
QIB
75.00%
Retail
10.00%
NII
15.00%
📈 Shareholding & Anchor Lock-In
🔗 Important Links & Lead Managers
- Registrar WebsiteVisit →
- Download DRHP ProspectusDownload PDF 📥
- Download RHP ProspectusDownload PDF 📥
Lead Managers / Merchant Bankers
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.
Acevector has scaled its revenue up to ₹537.67 crores in FY26 from ₹406.77 crores in FY25, but profitability remains elusive with a net loss of ₹45.51 crores in FY26. Its returns on net worth are deeply negative ((59.54%)), reflecting structural operational losses typical of growth-stage tech ecosystems.
The mainboard IPO aims to raise ₹420 crores through a fresh issue of ₹287 crores and an offer for sale (OFS) of up to 4,15,62,500 shares at a price band of ₹30 to ₹32. The subscription was moderate at 5.07x overall, with QIB at 3.42x, NII at 6.94x, and Retail at 4.83x. Current GMP stands nominally around ₹1.0 per share.