AceVector Limited IPO
Open now25–29 Sep 2026
Latest update:
GMP +6.3% (₹2) · Price band ₹30–₹32 · Closes 29 Sep 2026 · Allotment 30 Sep 2026 (Confirmed) · Lists 5 Oct 2026 (Expected)
Grey-market premium is a compass, not a ruler. Across the 33 IPOs we have followed from a pre-listing quote to the real listing-day open, it pointed the right way 82% of the time, while how far it moved was unreliable. Read the issue-by-issue record.
What AceVector Limited does
AceVector, directly and indirectly through its Subsidiaries, operates an asset-light digital commerce ecosystem consisting of data, technology and AI-driven businesses – value e-commerce marketplace, e-commerce enablement software as a service (“SaaS”) and consumer brands.
AceVector Limited financials
Rs crore · AnnualLatest year highlighted in green. Sparklines show the trend.
| FY24 | FY25 | FY26 | ||
|---|---|---|---|---|
| Sales | 380 | 395 | 510 | |
| Operating Profit | -36 | -108 | -22 | |
| OPM % | -9.4% | -27.3% | -4.3% | |
| Net Profit | -51 | -126 | -46 | |
| Total Debt | 16 | 16 | 20 |
AceVector Limited IPO offer structure
Total: ₹420 cr. Fresh issue proceeds go to the company; OFS proceeds go to selling shareholders.
Issue size and split come from a public aggregator rather than the exchange, cross-checked against a second one. The offer document states the offer-for-sale as a share count against a blank amount, so it cannot be read from the document itself.
Use of proceeds- Funding a portion of the marketing and business promotion expense of the Marketplace business of our Company: ₹132 cr
- Funding the technology infrastructure costs of the Marketplace business of our Company: ₹50 cr
- Funding inorganic growth through acquisitions and general corporate purposes
AceVector Limited promoters and holding
- Kunal Bahl: Joint Managing Director
- Rohit Kumar Bansal: Joint Managing Director
- Starfish I Pte. Ltd.: Corporate Promoter
AceVector Limited strengths and risks
Company-stated strengths and disclosed risk factors from the offer document.
- Diversified ecosystem driving organic and inorganic growth across businesses with centralised strategy support, shared capabilities, and financial efficiency. (p.221)
- Leading value-focused e-commerce marketplace purpose built for value shoppers, offering a wide range of high quality lifestyle products. (p.222)
- Robust unit economics with operating leverage in effect, ensuring improved profitability. (p.228)
- Proprietary technology stack powering discovery-led, personalised shopping experience. (p.227)
- Ability to identify, acquire, and scale businesses across the e-commerce value chain. (p.228)
- We have incurred restated losses in the past and may continue to incur losses in the future. (p.27)
- We have had net cash flows used in operating activities and may continue to have a net used cash position. (p.28)
- A significant portion of our revenue from operations is generated through Snapdeal, our marketplace business. (p.29)
- We operate in a highly competitive industry and our failure to compete effectively could have a negative impact. (p.31)
- If we are unable to manage our growth or execute our strategies effectively, our business may be adversely affected. (p.32)
AceVector Limited peer comparison: DRHP median P/E 462.5x
DRHP data only| Company | CMP | P/E | OPM% | ROE% | Source |
|---|---|---|---|---|---|
| FSN E-Commerce Ventures Limited | — | 462.5x | — | — | DRHP |
| Brainbees Solutions Limited | — | — | — | — | DRHP |
| Meesho Limited | — | — | — | — | DRHP |
P/E from offer document where live data unavailable. Not a fair-value judgement.
AceVector Limited market and competition
Snapdeal is among the top two pure-play value marketplace platforms in India in terms of revenue for FY26, FY25, and FY24. Unicommerce is the largest eCommerce enablement SaaS platform in the transaction processing layer in India.
AceVector Limited outlook, as the document states it
Moving forward, we intend to target investments in the introduction of next-generation AI technologies to further improve customer experiences and strategic marketing and brand-building initiatives. We also intend to leverage scale to drive fulfilment efficiencies and improve marketing costs.
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AceVector Limited IPO: common questions
What is the AceVector Limited IPO GMP (grey-market premium) today?
As of 25 Sep 2026 the indicative grey-market premium (GMP) for the AceVector Limited IPO is +6.3% from a single grey-market source. GMP is unregulated and self-reported, so treat it as a sentiment signal, never a guarantee. For context, across the 33 IPOs we have tracked from a pre-listing GMP quote through to the actual listing, grey-market premium pointed the right way 82% of the time. Never decide on GMP alone.
When does the AceVector Limited IPO open and close?
The AceVector Limited IPO is open from 25 Sep 2026 to 29 Sep 2026.
What is the AceVector Limited IPO price band?
The price band is ₹30–₹32 per share.
What is the lot size and minimum investment for the AceVector Limited IPO?
One lot is 468 shares, and a retail application must be at least one lot. That is about ₹14,976 at the upper end of the band. An HNI application starts above Rs 2 lakh, so the minimum is higher for that category.
When are the AceVector Limited IPO allotment and listing dates?
Not published yet. Derived from the close date on the usual timetable: allotment around 30 Sep 2026, refund/unblock around 1 Oct 2026 and listing around 5 Oct 2026. Treat these as estimates until the exchange confirms them.
How do I apply for the AceVector Limited IPO?
Through any broker app or your bank's net banking, using a demat account and a PAN. You bid in lots at a price inside the band, or at cut-off. The money is blocked in your account, not debited, until allotment. One application per PAN. We do not recommend brokers and carry no broker links. How to apply, start to finish →
Sources & method
Subscription and issue data come from the NSE and BSE exchange feeds, with the third-party aggregator, clearly labelled, where an exchange feed is unreachable. DRHP analysis is extracted from the offer document itself, every figure cited to its page. Each figure on the page carries its source and its timestamp.
Grey-market premium (GMP) is unregulated.
Every GMP figure is a self-reported grey-market estimate. No exchange, regulator or clearing body records or audits it, and there is no settlement guarantee or recourse. Shown for context only; never decide on GMP alone. New to GMP? The 30-second explainer → Has GMP actually been right? →
How often do these actually open above the issue price?
Of the 525 mainboard IPOs that have listed on the NSE since 2003, 373 (71%) opened above their issue price, at a median of +10%. That is the segment's own record, not a forecast for this issue.