AceVector Limited IPO
25 Sept 2026 – 29 Sept 2026
Share Price
- Candle
- 6 Oct
- O
- ₹26.75
- H
- ₹27.74
- L
- ₹25.5
- C
- ₹25.93
2 trading days since listing · NSE end-of-day prices
Issue Details
- Price Band
- ₹30 – ₹32
- Lot Size
- 468 shares
- Min Investment
- ₹14,976 (1 lot · 468 shares)
- Face Value
- ₹1
- Fresh Issue
- ₹287 Cr (to the company)
- Offer for Sale
- 4,15,62,500 shares (to selling holders)
- Issue Size
- Initial Public offering comprising of Fresh issue aggregating up to 2870 million and offer for sale up to 4,15,62,500 Equity Shares (including Anchor portion of 5,90,62,500 Equity Shares)
- Registrar
- MUFG Intime India Private Limited ↗
Timetable
GMP History
Latest GMP ₹1 · Last updated 7 Oct 2026, 11:51 am IST
| Date | GMP | GMP % | Change | Est. Listing | Updated (IST) |
|---|---|---|---|---|---|
| 4 Oct | ₹1 | +3.1% | +₹0.4 | ₹33 | |
| 3 Oct | ₹0.6 | +1.9% | −₹0.1 | ₹32.6 | |
| 2 Oct | ₹0.7 | +2.2% | — | ₹32.7 | |
| 1 Oct | ₹0.7 | +2.2% | +₹0.2 | ₹32.7 | |
| 30 Sept | ₹0.5 | +1.6% | −₹1.5 | ₹32.5 | |
| 29 Sept | ₹2 | +6.3% | — | ₹34 | |
| 28 Sept | ₹2 | +6.3% | +₹1 | ₹34 | |
| 27 Sept | ₹1 | +3.1% | −₹1 | ₹33 | |
| 26 Sept | ₹2 | +6.3% | — | ₹34 | |
| 25 Sept | ₹2 | +6.3% | — | ₹34 | |
| 24 Sept | ₹2 | +6.3% | +₹2 | ₹34 | |
| 23 Sept | ₹0 | 0.0% | — | ₹32 |
Subscription
Category-wise bidding
| Category | Offered | Bid for | Times |
|---|---|---|---|
| QIB | 3,99,21,87653.8% | 7,93,53,612 | 1.99x |
| NII / HNI | 2,05,84,37427.7% | 12,65,36,436 | 6.15x |
| bNII · bids above ₹10L | 1,37,22,91618.5% | 9,16,95,708 | 6.68x |
| sNII · bids ₹2L–₹10L | 68,61,4589.2% | 3,48,40,728 | 5.08x |
| Retail | 1,37,22,91618.5% | 4,61,27,952 | 3.36x |
Bids received on NSE, as at 29-Sep-2026 19:00:57 IST. The two NII rows are parts of the NII total above them, not additions to it.
Day-wise subscription
| Date | QIB | NII / HNI | Retail | Total |
|---|---|---|---|---|
| 29 Sept | — | — | — | 3.40x |
| 28 Sept | 1.03x | 1.20x | 1.34x | 1.13x |
| 27 Sept | 0.00x | 0.42x | 0.62x | 0.23x |
| 26 Sept | 0.00x | 0.42x | 0.62x | 0.23x |
| 25 Sept | 0.00x | 0.42x | 0.62x | 0.23x |
Financials
All values in ₹ crore
About AceVector
Acevector Ltd. operates a technology-led, asset-light digital commerce platform through its subsidiaries, with business interests spanning e-commerce marketplaces, software-as-a-service (SaaS) solutions, and consumer-focused brands. The company leverages data analytics, technology, and artificial intelligence to drive growth across its ecosystem. Its business ecosystem consists of three key verticals: Snapdeal – a value-oriented online marketplace that offers a wide range of affordable lifestyle products to price-conscious consumers across India. Unicommerce – comprising platforms such as Uniware, Convertway, and Shipway, which provide integrated SaaS solutions for managing and optimizing end-to-end e-commerce operations. Stellaro Brands – an omnichannel portfolio of consumer brands focused on delivering value-driven products across multiple categories. During the six months ended September 30, 2025, Snapdeal served customers across 18,773 pin codes nationwide, with a significant presence in Tier II, Tier III, and smaller cities. The platform primarily targets middle-income and value-seeking consumers, addressing a large and growing segment of India's value e-commerce market. Snapdeal has consistently maintained strong customer satisfaction levels, with average product ratings of 4.0 or above on a 5-point scale over the last three financial years, as well as during the six-month periods ended September 30, 2025, and September 30, 2024. This reflects the platform's focus on offering quality products at competitive price points.
As published in the company's own offer documents.
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
As stated by the company in its prospectus — not our assessment.
The company's own risk factors are not shown here. They run to dozens of pages in the Red Herring Prospectus, under “Risk Factors”, and are worth the read before applying.
Lead Managers
- IIFL Capital Services Limited
- CLSA India Private Limited
- Systematix Corporate Services Limited
Offer details
Application sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min)one lot, the smallest bid allowed | 1 | 468 | ₹14,976 |
| Retail (max)most that stays under ₹2L | 13 | 6,084 | ₹1,94,688 |
| S-HNI (min)first bid over ₹2L | 14 | 6,552 | ₹2,09,664 |
| S-HNI (max)most that stays under ₹10L | 66 | 30,888 | ₹9,88,416 |
| B-HNI (min)first bid over ₹10L | 67 | 31,356 | ₹10,03,392 |
Priced at the top of the band, which is what a cut-off bid pays. Retail ends at ₹2,00,000 and S-HNI at ₹10,00,000; these are SEBI's limits, not the issuer's.
Issue mechanics
- Issue Type
- Book Building
- Minimum Order
- 468 Equity Shares
- Categories
- FI, IC, MF, FII, OTH, CO, IND, and NOH
- UPI Eligible
- IND (upto 5 Lakhs)
- Max Bid (Retail)
- Rs. 2,00,000
- Max Bid (QIB)
- 7,42,29,012 Equity Shares in multiple of 468 Equity Shares (Calculated at Lower end price band)
- Max Bid (NII)
- 3,43,07,208 Equity Shares in multiple of 468 Equity Shares (Calculated at Lower end price band)
- Tick Size
- Re. 1
- Bidding Hours
- 10.00 a.m. to 5.00 p.m.
- UPI Mandate Cut-off
- 29-Sep-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability
- Sponsor Bank
- Kotak Mahindra Bank Limited and HDFC Bank Limited
Registrar
- Name
- MUFG Intime India Private Limited
- Address
- C-101, Embassy, 247 L.B.S. Marg, Vikhroli (West) Mumbai 400 083 Maharashtra, India
- Contact
- Shanti Gopalkrishna , +91 810 811 4949, acevector.ipo@in.mpms.mufg.com
Documents
- Red Herring ProspectusThe full offer documentPDF
- Basis of Issue PriceHow the band was arrived atPDF
- Anchor AllocationWho was allotted before the issue openedPDF
- Application FormThe blank ASBA form, as filedPDF
- Bidding CentresWhere a physical form can be handed inPDF
- Security ParametersTick size, lot and limits as filed with the exchangePDF
- Security Parameters (post-anchor)The same, restated after the anchor book closedPDF
Published by NSE as ZIP archives; opened here as the PDF inside.
Collected from NSE and public sources. Always confirm against the prospectus before applying.
Frequently Asked Questions
What is the GMP of AceVector Limited IPO today?
The latest grey market premium for AceVector Limited IPO is ₹1. GMP is unofficial and indicative only — it is not a guarantee of listing price.
What is the price band of AceVector Limited IPO?
The price band is ₹30 – ₹32, with a lot size of 468 shares. The minimum investment is ₹14,976.
When does AceVector Limited IPO open and close?
The issue opens on 25 Sept 2026 and closes on 29 Sept 2026. Listing is expected on 5 Oct 2026.
Who is the registrar for AceVector Limited IPO?
MUFG Intime India Private Limited is the registrar. Allotment status can be checked on the registrar's website once allotment is finalised.