- Issue price
- ₹32per share
- Issue size
- ₹420 Cr13,12,50,000 shares
- Face value
- ₹1per equity share
- Lot size
- 468 sharesMin. ₹14,976 at the upper price
- Anchor biddingThu, 2026
- OpensFri, 2026
- ClosesTue, 2026
- AllotmentWed, 2026
- ListingMon, 2026
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue and offer for sale
- Fresh issue
- 8,96,87,500 shares (₹287 Cr)
- Offer for sale
- 4,15,62,500 shares (₹133 Cr)
- Total issue
- 13,12,50,000 shares (₹420 Cr)
- Face value
- ₹1
- Listing at
- NSE, BSE
Source: ProspectusUpdated
Reservation
Share of the total issue- Anchor64.3%
- NII21.4%
- Retail14.3%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | 1,31,25,000 | 14.29% | — |
| Non-institutional investors (NII) | 1,96,87,500 | 21.43% | — |
| Qualified institutional buyers (QIB) | 9,84,37,500 | 107.14% | — |
| Anchor investors | 5,90,62,500 | 64.29% | — |
Source: ProspectusUpdated
Lot size
Amounts at ₹32 per share| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail individual investors | 1 | 468 | ₹14,976 |
Source: ProspectusUpdated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
FY 2025-26, pre-issue- EPS (basic)
- -₹1.32
- EPS (diluted)
- -₹1.32
- NAV per share
- ₹2.21
- NAV per share (At Offer Price)
- ₹7.15
- RoNW
- -59.54%
Source: ProspectusUpdated
Financials
Consolidated, restated · ₹ crore| Period ended | 31 Mar 2026FY 2025-26 | 31 Mar 2025FY 2024-25 | 31 Mar 2024FY 2023-24 |
|---|---|---|---|
| Revenue from operations | 510.38 | 395.02 | 379.76 |
| Total income | 537.67 | 406.77 | 384.74 |
| EBITDA | -22.17 | -107.79 | -35.77 |
| Profit after tax | -45.51 | -126.31 | -51.30 |
| Net worth | 102.08 | 126.33 | -142.09 |
| Reserves and surplus | 56.99 | 86.59 | -181.83 |
| Total assets | 575.28 | 558.09 | 410.50 |
| Total borrowing | — | 0.45 | — |
FY 2025-26 vs FY 2024-25: revenue +29.2%, profit after tax +64.0%.
Source: ProspectusUpdated
About the company
Operates an asset-light digital commerce group covering a value-focused online marketplace, e-commerce enablement software for order and logistics operations, and a consumer brands retail business. Its marketplace business serves value-conscious shoppers, largely outside metro cities.
- Incorporated
- 2007
- Industry
- E-commerce
- CIN
- U72300DL2007PLC168097
- Website
- acevector.com
Source: ProspectusUpdated
Promoters and shareholders
| Name | Type | Before issue | After issue | Shares offered |
|---|---|---|---|---|
| Kunal Bahl | Promoter | — | — | — |
| Rohit Kumar Bansal | Promoter | — | — | — |
| FIH Business Global Pte. Ltd. | Selling shareholder | — | — | 17,40,528 |
| Kenneth Stuart Glass | Selling shareholder | — | — | 13,20,799 |
| Jason Ashok Kothari | Selling shareholder | — | — | 11,11,680 |
| Nexus Opportunity Fund Ltd | Selling shareholder | — | — | 8,39,713 |
| Nexus Ventures III, Ltd. | Selling shareholder | — | — | 4,65,599 |
| Starfish I Pte. Ltd. | Selling shareholder | — | — | 2,76,07,082 |
| Centaurus Trading and Investments Private Limited | Selling shareholder | — | — | 2,69,120 |
| Laurent Bernard Amouyal | Selling shareholder | — | — | 2,24,786 |
| Misha Kohli | Selling shareholder | — | — | 2,15,280 |
| Radhika Gupta | Selling shareholder | — | — | 53,840 |
| Nalin Luis Moniz | Selling shareholder | — | — | 53,840 |
| Rupen Investment and Industries Private Limited | Selling shareholder | — | — | 2,69,120 |
| Nexus India Direct Investments II | Selling shareholder | — | — | 73,91,113 |
Source: ProspectusUpdated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Funding part of marketing and business promotion expense of the marketplace business | 132.00 |
| Funding technology infrastructure costs of the marketplace business | 50.00 |
| Inorganic growth through acquisitions and general corporate purposes | 70.92 |
Source: ProspectusUpdated
Peer comparison
As listed in the offer document| Company | EPS | P/E | RoNW | NAV per share |
|---|---|---|---|---|
| AceVector LimitedIssuer | -₹1.32 | — | -59.54% | ₹2.21 |
| FSN E-Commerce Ventures Limited | ₹0.7 | 462.50× | 13.87% | ₹5 |
| Brainbees Solutions Limited | -₹2.9 | — | -2.91% | ₹90.71 |
| Meesho Limited | -₹3.11 | — | -30.95% | ₹9.25 |
Source: ProspectusUpdated
Strengths and risks
Our summary of what the offer document statesStrengths
- Operates a value-focused marketplace that is among the top two pure-play value platforms by revenue per the 1Lattice Report.
- Holds a leading position in e-commerce enablement SaaS through the Unicommerce platforms.
- Asset-light, zero-inventory marketplace model with a large share of orders from mobile app users.
- Diversified ecosystem spanning marketplace, SaaS and consumer brands.
Risks
- The company has reported restated losses in each of the last three financial years.
- Net cash used in operating activities in each of the last three financial years.
- Large share of revenue depends on the Snapdeal marketplace business.
- Marketing spend may be disproportionate to revenue and users acquired.
- Offer price is not necessarily indicative of market price after listing; no formal market exists for the shares.
Source: ProspectusUpdated
Documents
Contacts
Source: ProspectusUpdated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: ProspectusUpdated
After listing
Listing price, day-one high and low, and the change from the issue price (₹32) appear here after the shares list on NSE and BSE.
Work out the gain or loss on allotted shares after charges and tax →
Frequently asked questions
When does the Acevector IPO open and close?
According to the Prospectus, the issue opens on Friday, 25 September 2026 and closes on Tuesday, 29 September 2026.
What is the Acevector IPO price band?
The final issue price is ₹32 per share.
What is the lot size of the Acevector IPO?
One lot is 468 shares, which is ₹14,976 at ₹32 per share.
Where will Acevector shares list?
On NSE and BSE. The tentative listing date is Monday, 5 October 2026.
Who is the registrar of the issue?
MUFG Intime India Private Limited (SEBI registration INR000004058). Allotment status is checked on the registrar's website.
How do I check the Acevector IPO allotment status?
The basis of allotment is expected to be finalised on Wednesday, 30 September 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (MUFG Intime India Private Limited), the NSE website or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹132 Cr for funding part of marketing and business promotion expense of the marketplace business, ₹50 Cr for funding technology infrastructure costs of the marketplace business, ₹70.92 Cr for inorganic growth through acquisitions and general corporate purposes.
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Spotted something wrong?
Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.