Acevector (Snapdeal) IPO 2026: Date, Price Band, GMP and Details

Dates, price band, lot size, financials and full details of the Acevector Limited (Snapdeal parent) IPO, sourced from the company's Red Herring Prospectus (RHP).

Acevector IPO at a glance

Acevector Limited, the parent of Snapdeal, is bringing a Book Built Mainboard IPO worth ₹420 crore. It is a mix of a fresh issue of shares worth ₹287 crore and an Offer for Sale (OFS) worth ₹133 crore. The IPO is open from 25 September to 29 September 2026 and is proposed to list on the BSE and the NSE.

Acevector IPO Details

Acevector IPO Timelines

Dates are tentative and may change.

Acevector IPO GMP

GMP stands for Grey Market Premium. It is the extra amount some traders are willing to pay for IPO shares in an informal market before listing, on top of the issue price. This market runs outside the stock exchanges, so the figure is unregulated, unverified, and can move sharply within a single day. A high GMP does not confirm a listing gain, and a low one does not rule it out, because it tracks short-term sentiment rather than the worth of the business. A steadier read on the IPO comes from the company's financials, how it plans to use the money, its valuation, and the risk factors set out in the Red Herring Prospectus (RHP).

About Acevector Limited

Incorporated in September 2007 (originally as Jasper Infotech Private Limited, later Snapdeal, and renamed AceVector Limited in 2023), Acevector Limited operates an asset-light digital commerce ecosystem through its subsidiaries, spanning data, technology, and AI-driven businesses. Its ecosystem has three main parts: Snapdeal, a value-focused lifestyle e-commerce marketplace for affordable products; an e-commerce enablement software-as-a-service (SaaS) business (Unicommerce, along with Uniware, Convertway, and Shipway) that helps other businesses run their e-commerce operations; and Stellaro Brands, an omnichannel portfolio of value-focused consumer brands.

It focuses on value-conscious shoppers in tier-2 and smaller cities. As of 31 March 2026, Snapdeal served customers across 18,972 pin codes and delivered 25.98 million units during FY 2026, with about 82.22% of delivered units going to non-metro cities. Its subsidiary, Unicommerce eSolutions, is itself a separately listed company.

The company's promoters are Kunal Bahl, Rohit Kumar Bansal, and Starfish I Pte. Ltd. (a SoftBank entity). The co-founders, Kunal Bahl and Rohit Bansal, are not selling any shares in this offer.

What are the Key Strengths of Acevector (as stated in the RHP)

• Diversified ecosystem driving organic and inorganic growth across businesses, with centralised strategy support and shared capabilities.
• Leading value-focused e-commerce marketplace, purpose-built for value shoppers.
• Robust unit economics, with operating leverage in effect, aimed at improved profitability.
• Proprietary technology stack powering a 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.

What the Money Will Be Used For

The IPO is a fresh issue of ₹287 crore and an Offer for Sale (OFS) of ₹133 crore. The OFS money goes to the selling shareholders. The company will use the money from the fresh issue for the following:

What are the Company Financials of Acevector

Restated consolidated figures, in ₹ crore. Figures in brackets are losses or negative values.

The company is loss-making. Its loss narrowed sharply, from ₹126.31 crore in FY 2025 to ₹45.51 crore in FY 2026. Adjusted EBITDA is a non-GAAP measure the company discloses; it is negative but improving. Net worth was negative in FY 2024 and turned positive in FY 2025. A growth rate (CAGR) is shown only for revenue and total income, because the loss, Adjusted EBITDA, and net worth series change sign and are not suited to a CAGR. 2-Yr CAGR is from FY 2024 to FY 2026.

Who Can Apply

Because this IPO is being made under Regulation 6(2) of the SEBI ICDR Regulations, the offer is split as follows:

How to Apply for the Acevector IPO

You can apply online through your broker app or through your bank's net banking using the Application Supported by Blocked Amount (ASBA) facility.

1. Log in to your broker app or your bank's net banking.
2. Open the IPO section and select Acevector IPO.
3. Enter the number of lots and your bid price, or select the cut-off price.
4. Enter your Unified Payments Interface (UPI) ID, or confirm your bank account for the ASBA route.
5. Submit the application form.
6. Approve the mandate request in your UPI app to block the funds until allotment.

How to Check Allotment Status

The basis of allotment is expected to be finalised on 30 September 2026. Once it is out, you can check your allotment status in three ways. You will need your PAN, application number, or DP/Client ID.

• On the registrar's website, MUFG Intime India, at the public issues page.
• On the BSE or NSE website under the IPO allotment section.
• Inside your broker app, under orders or IPO history.

Key Risk Factors

The RHP lists several risk factors. A few of the key ones are summarised below. Please read the full RHP for the complete list.

• It has incurred losses in each of the last three years (₹45.51 crore in FY 2026, ₹126.31 crore in FY 2025, and ₹51.30 crore in FY 2024), and has a history of losses.
• A significant portion of its revenue comes from Snapdeal, its marketplace business.
• It operates in a highly competitive industry, and its failure to compete effectively could affect its business and margins.
• Its business depends on the growth of the e-commerce industry in India and its ability to respond to changing user behaviour.
• A potential loss of control over its listed subsidiary, Unicommerce, could adversely affect its business.
• Its statutory auditors have reported a modification for a certain matter in the audit report for FY 2026.
• Its business depends on its ability to maintain and scale its technology infrastructure.
• If it is unable to manage its growth or execute its strategies effectively, its business plans may not succeed.
• There are pending litigations against the company, its subsidiaries, promoters, directors, and key managerial personnel.
• It will not receive any proceeds from the Offer for Sale portion.

Frequently Asked Questions (FAQs)

1. When does the Acevector IPO open and close?

The IPO opens on 25 September 2026 and closes on 29 September 2026.

2. What is the price band of the IPO?

The price band is ₹30 to ₹32 per share.

3. What is the lot size?

One lot is 468 shares. Applications are made in multiples of 468 shares.

4. What is the minimum investment for retail investors?

The minimum investment is ₹14,976 at the upper price band (1 lot of 468 shares).

5. When is the allotment date?

The allotment is expected to be finalised on 30 September 2026, with shares credited to demat accounts by 1 October 2026.

6. When is the listing date?

The shares are proposed to be listed on the BSE and the NSE on 5 October 2026 (tentative).

7. What does Acevector do?

It runs an asset-light digital commerce ecosystem comprising the value marketplace Snapdeal, the e-commerce enablement SaaS business Unicommerce, and consumer brands under Stellaro Brands.

8. What is the GMP of the Acevector IPO?

GMP, or Grey Market Premium, is an informal pre-listing price that sits outside the stock exchanges and is neither regulated nor verified. It shifts with day-to-day sentiment and does not confirm how the shares will list. A more reliable picture comes from the company's financials, valuation, and the risks in the RHP.

9. Who is the registrar for the IPO?

MUFG Intime India Private Limited is the registrar. Allotment status can be checked on its website.

Read the full Red Herring Prospectus (RHP): View the official RHP filed with SEBI and the exchanges.

Disclaimer: This page is for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any securities. All figures are sourced from the company's Red Herring Prospectus and public filings and may change. Investments in securities are subject to market risks. Please read all offer documents carefully and consult a registered financial advisor before making any investment decision.