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Acevector IPO(Snapdeal)

Acevector IPO(Snapdeal)

e-Commerce
upcoming
₹14,040Min. investment
  1. Pre-apply
    TBA
  2. Bid start
    25 Sep
  3. Bid end
    29 Sep
  4. Allotment
    30 Sep
  5. Release of funds
    1 Oct
  6. Demat transfer
    1 Oct
  7. Listing
    5 Oct

Acevector Limited (Snapdeal) IPO Details

Sectore-Commerce
Price range₹30.00 – ₹32.00
IPO type
Regular
Lot size468 shares
Issue size₹420Cr
Red Herring Prospectus
Read
Market Cap
₹1,741.4CrLower than sector avg
RevenueApr 2025 - Mar 2026
₹510.3CrLower than sector avg
Growth rate3Y CAGR
15.39%

Acevector Limited (Snapdeal) IPO Overview

Acevector IPO date

Acevector IPO will open for subscription on September 25, 2026, and close on September 29, 2026. After that, investors are expected to receive an update on the allotment status on September 30, 2026.

Investors who have been allotted shares can expect them to be credited to their demat account on October 01, 2026. The shares will be listed on NSE and BSE on Monday, October 05, 2026.

Acevector IPO price band

Acevector IPO is a combination of fresh issues and an offer for sale. The IPO price band has been set between ₹30 and ₹32 per share. Interested investors can choose a price within this band to apply for the IPO.

The IPO is a book-building issue, comprising a fresh issue of ₹287 crore and an offer for sale of ₹133 crore. Acevector IPO listing price will be determined on October 05, 2026. The listing price is the price at which a company’s shares debut on the stock exchanges.

Acevector IPO lot size

Acevector IPO details have been declared. The minimum lot size for an application is 468 shares, and the investor would have to apply for a minimum of 1 lot. Meanwhile, the IPO issue size is approximately ₹420 crore.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹510.3Cr
This sector
₹2,031.01Cr
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PAT
Higher PAT means strong profitability and efficient cost management
This IPO
-₹45.51Cr
This sector
₹81.91Cr
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Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹1,741.4Cr
This sector
₹40,960.62Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
-24.24
This sector
194.32
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Objectives

Marketing & business promotion expense
45.90%
General corporate purposes
36.50%
Technology infrastructure cost
17.40%

Strength and Weakness

Diversified digital-commerce ecosystem

Snapdeal, Unicommerce and Stellaro address different B2C and B2B layers while sharing technology, logistics relationships, consumer insights and central functions.

Scaled value-marketplace presence

Snapdeal served 18,972 pin codes and 1.22 crore annual transacting customers and delivered 2.60 crore units in FY26, with strong exposure to non-metro value shoppers.

Improving marketplace engagement

Repeat customers represented 69.6% of FY26 customers and generated 82.9% of delivered units; 89.8% of delivered units originated through the mobile app.

Asset-light operating model

Snapdeal carries no marketplace inventory and uses third-party logistics, while proprietary allocation and personalisation tools support scale without owned fulfilment infrastructure.

Acquisition and product-extension capability

The group scaled Unicommerce after acquisition and added Shipway and Convertway, creating a broader SaaS suite covering marketing, order management and logistics.

About Acevector Limited (Snapdeal)

AceVector Limited was incorporated as Jasper Infotech Private Limited in September 2007, subsequently renamed Snapdeal Private Limited and Snapdeal Limited, and adopted its present name in January 2023. The company operates an asset-light digital-commerce ecosystem spanning a value e-commerce marketplace, e-commerce-enablement SaaS and consumer brands. Its businesses cover shoppers, sellers, brands and logistics providers across B2C and B2B commerce.
Snapdeal is a pure-play, value-focused marketplace offering fashion, home and general merchandise, and beauty and personal-care products through third-party sellers. It follows a zero-inventory marketplace model and served 18,972 pin codes in FY26. Lifestyle categories accounted for 95.45% of NMV; 83.75% of delivered units were priced below ₹599, and 82.22% originated from non-metro customers. FY26 NMV was ₹1,093.11 crore across 2.60 crore delivered units and 1.22 crore annual transacting customers.
Unicommerce provides e-commerce-enablement SaaS through Uniware, Shipway and Convertway. Uniware supports order, inventory, warehouse and omnichannel-store management; Shipway provides courier aggregation and logistics automation; and Convertway offers AI-enabled marketing automation.
The suite served 8,261 clients and integrated with 353 marketplaces, web stores, logistics partners and operating systems as of March 31, 2026. Uniware’s annual transaction run rate was 115.58 crore, while the SaaS segment generated ₹204.34 crore of FY26 revenue and ₹41.28 crore of adjusted EBITDA.
Stellaro Brands incubates and scales consumer brands across online and offline channels. Its principal brand, Rangita, addresses women’s ethnic wear and currently operates through online channels and 19 omnichannel stores. Consumer-brand revenue was ₹12.81 crore in FY26, contributing 2.51% of consolidated revenue before inter-segment eliminations. Stellaro also uses Snapdeal’s sourcing and consumer insights and Unicommerce’s technology stack.
The FY26 mix comprised Marketplace at 57.5%, SaaS at 40.1% and Consumer Brands at 2.5%, before eliminations. FY26 revenue grew 29.2%, led by 17.5% growth in Marketplace and 51.6% growth in SaaS, the latter benefiting from Uniware growth and a full-year contribution from Shipway and Convertway. The group nevertheless remained loss-making: adjusted EBITDA was negative ₹(15.94) crore, and the restated loss was ₹(45.51) crore in FY26, although both improved from FY25.
The addressable industry remains structurally attractive but highly competitive. India’s e-commerce market expanded from $32.5 billion in FY20 to $95.8 billion in FY25 and is projected to reach $234.4 billion by FY30, a 19.6% CAGR. Within this, value-lifestyle e-commerce is projected to grow from $25.0 billion to $75.3 billion at a 24.7% CAGR, while the online-shopper base is expected to rise from 28-30 crore to 67.5-70 crore. India’s e-commerce-enablement SaaS market is projected to expand from approximately US$1.0 billion in FY25 to US$3.81 billion in FY30, representing a 30.7% CAGR. Growth is expected across pre-purchase, transaction-processing, and shipping and post-delivery functions as sellers automate increasingly complex omnichannel operations.
Snapdeal’s low-ticket lifestyle assortment, non-metro reach and mobile-led discovery model provide direct exposure to this growth; however, participation depends on maintaining product quality, customer trust, competitive fulfilment costs and efficient customer acquisition. Unicommerce participates across all three stages through Convertway, Uniware and Shipway, giving it cross-selling potential and exposure to rising transaction volumes.
Now, Acevector is launching its initial public offering (IPO), which consists of a fresh issue of ₹287 crore and an offer for sale of ₹133 crore only. The total issue size of the IPO is ₹420 crore. Its shares will be listed on the NSE and BSE.

How to apply for Acevector IPO?

If you are interested in this investment opportunity but unsure how to apply for an Acevector IPO, follow these steps.
When the public issue opens for subscription, one can follow this step-by-step guide on how to apply for the Acevector IPO on Upstox:
  • Log in to your Upstox account using your six-digit PIN
  • After logging in, click on ‘Discover’
  • On the ‘Discover’ tab, you will find the ‘Invest in IPO’ section
  • Under the Invest in IPO section, look for the ‘Acevector IPO’ tab and click on it
  • Now fill in all the required information, like ‘bid price’ and ‘lot size’
  • Confirm and click on ‘Apply’
  • Accept the mandate on your UPI app

Frequently asked questions

Investors can apply for the Acevector IPO(Snapdeal) through their Demat account via the stock exchange or through their broker.
The issue size of the Acevector IPO(Snapdeal) is 420 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Opens on 25 Sep 2026