AceVector IPO to Open on September 25
AceVector, the parent company of e-commerce marketplace Snapdeal, is set to launch its initial public offering (IPO) on September 25, 2026.
The company has fixed the IPO price band at ₹30 to ₹32 per equity share and plans to raise up to ₹420 crore through the public issue. The IPO will remain open for subscription until September 29.
AceVector is promoted by Snapdeal founders Kunal Bahl and Rohit Kumar Bansal along with SoftBank.
AceVector IPO Issue Size
The ₹420 crore AceVector IPO will consist of both a fresh issue and an offer for sale (OFS).
The issue structure includes:
- Fresh issue: ₹287 crore
- Offer for sale: ₹133 crore
- Total IPO size: ₹420 crore
- Price band: ₹30–₹32 per share
Existing shareholders will sell around 4.15 crore to 4.16 crore shares through the OFS component.
The company had earlier proposed a larger issue, but the overall IPO size was subsequently reduced.
AceVector IPO Price Band Set at ₹30–32
AceVector has fixed the price band at ₹30 per share on the lower end and ₹32 per share on the upper end.
At the upper end of the price band, the company is targeting a valuation of approximately ₹1,741 crore.
The minimum bid lot has been set at 468 shares. At the upper price of ₹32, a retail investor would therefore need ₹14,976 for one minimum lot.
AceVector IPO Important Dates
The IPO will open for public subscription on September 25 and close on September 29.
The key dates are:
- Anchor investor bidding: September 24, 2026
- IPO opening: September 25, 2026
- IPO closing: September 29, 2026
- Expected allotment: September 30, 2026
- Tentative listing: October 5, 2026
The shares are expected to be listed on both the BSE and NSE.
What Does AceVector Do?
AceVector operates a digital commerce ecosystem that includes Snapdeal and Unicommerce.
Snapdeal operates as an e-commerce marketplace, with a focus on value-oriented products across categories such as fashion, lifestyle and general merchandise.
Unicommerce, meanwhile, provides e-commerce enablement software and technology solutions for businesses.
Together, these businesses form the core of AceVector’s digital commerce operations.
How AceVector Plans to Use IPO Proceeds
The fresh capital raised through the IPO is expected to be used for several business purposes.
According to the company’s IPO disclosures, the proceeds will support:
- Marketing and business promotion
- Technology infrastructure
- Inorganic growth opportunities
The fresh issue will therefore provide AceVector with additional capital for strengthening its existing businesses and pursuing expansion opportunities.
Snapdeal’s Shift Toward Value Commerce
AceVector’s IPO comes as Snapdeal continues to focus on value-oriented e-commerce.
The company’s business has increasingly concentrated on value fashion and lifestyle categories rather than competing directly across every segment of the broader e-commerce market.
This positioning forms an important part of AceVector’s current digital commerce strategy as it prepares to enter the public markets.
AceVector Financial Performance
AceVector reported revenue of approximately ₹510 crore for fiscal year 2026.
The company also reported a consolidated loss before exceptional items and tax of around ₹37.56 crore during the same financial year.
The IPO will therefore provide public-market investors with an opportunity to assess AceVector’s business performance, growth strategy and financial position through its formal disclosures.
SoftBank and Other Investors to Sell Shares
The IPO includes an offer-for-sale component through which existing shareholders will sell part of their holdings.
SoftBank-controlled Starfish is among the selling shareholders and plans to sell up to around 2.76 crore shares.
Nexus Venture Partners is also among the existing investors participating in the OFS.
Because the OFS proceeds go to selling shareholders rather than the company, the fresh issue is the portion that directly provides new capital to AceVector.
AceVector IPO Issue Size Was Reduced
AceVector had previously proposed a larger public issue.
The fresh issue was initially planned at ₹300 crore, compared with the revised ₹287 crore component. The OFS has also been reduced from around 6.39 crore shares to approximately 4.16 crore shares.
As a result, the total IPO size has been brought down to ₹420 crore.
The revised structure gives investors a smaller public issue compared with the company’s earlier proposal.
When Will AceVector Shares List?
AceVector shares are tentatively scheduled to begin trading on October 5, 2026, following completion of the IPO process.
The allotment is expected to be finalised around September 30, with subsequent processing before the shares make their market debut.
What Happens Next for the AceVector IPO?
With the IPO opening on September 25, investors will be able to submit bids within the ₹30–₹32 price band until September 29.
The final subscription figures, share allotment and eventual market debut will provide further details about investor participation in the Snapdeal parent company’s public offering.
For now, AceVector’s IPO represents a ₹420 crore public issue comprising a ₹287 crore fresh issue and ₹133 crore OFS, with shares scheduled to debut on the stock exchanges in October.
Frequently Asked Questions
1. When will the AceVector IPO open?
The AceVector IPO will open for public subscription on September 25, 2026.
2. When will the AceVector IPO close?
The IPO will close on September 29, 2026.
3. What is the AceVector IPO price band?
The price band has been fixed at ₹30 to ₹32 per equity share.
4. How much will AceVector raise through the IPO?
AceVector plans to raise up to ₹420 crore through the IPO.
5. How is the ₹420 crore AceVector IPO structured?
The IPO comprises a ₹287 crore fresh issue and an offer for sale of approximately ₹133 crore by existing shareholders.
6. What is the minimum lot size for the AceVector IPO?
The minimum bid lot is 468 shares. At the upper price band of ₹32, one lot would cost ₹14,976.
7. Who is the parent company of Snapdeal?
AceVector is the parent company of Snapdeal.
8. What companies are part of AceVector’s business?
AceVector’s digital commerce ecosystem includes Snapdeal and Unicommerce.
9. When will AceVector shares be listed?
AceVector shares are tentatively scheduled to list on October 5, 2026, on the BSE and NSE.
10. How will AceVector use the IPO proceeds?
The company plans to use proceeds from the fresh issue for marketing and business promotion, technology infrastructure and inorganic growth opportunities.
