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AceVector Limited IPO logo

AceVector Limited

Open Now

Price band

₹30—₹32

Min investment

₹14,040

Opens on

2026-09-25

Key highlights

  • Diversified digital commerce ecosystem with Snapdeal, Unicommerce, and Stellaro Brands provides multiple revenue streams and exposure across the e-commerce value chain. The company operates on an asset-light business model, which can lead to higher capital efficiency. AceVector has demonstrated revenue growth and a narrowing of its operating losses in the latest fiscal year (FY26).
  • AceVector Limited is a loss-making entity on a consolidated basis, reporting a net loss of ₹-45.51 Cr in FY26. The company operates in a highly competitive e-commerce marketplace with significant rivals like Meesho and Amazon. The company also reports a negative tangible net worth.
  • A significant portion of the IPO proceeds is earmarked for marketing and business promotion, which has historically contributed to previous losses.
  • The valuation, with a Price-to-Book multiple of 14.48x on stated Net Asset Value, appears high given the company's loss-making status.

Offer snapshot

Purpose
Funding marketing and business promotion expenses for the Snapdeal marketplace, funding technology infrastructure costs for the marketplace, and funding inorganic growth through acquisitions and general corporate purposes.
Fresh issue
₹287 crore
Offer for sale
₹133 crore

Lumic insight

AceVector Limited, operating an asset-light digital commerce ecosystem including Snapdeal, Unicommerce, and Stellaro Brands, is tapping the public markets with its Mainboard IPO. While the company has shown revenue growth and a narrowing of losses in FY26, it remains a loss-making entity in a highly competitive e-commerce landscape. The IPO proceeds are primarily aimed at boosting marketing, technology, and inorganic growth, which are crucial for its expansion in Tier-2+ cities. However, investors should carefully consider the company's negative tangible net worth and the ambitious valuation amidst a challenging market backdrop.

Source: NSE filings · Public disclosures · Lumic research.

AceVector Limited is on the Lumic IPO page with the status Open Now. The calendar symbol is ACEVECTOR. The issue is grouped under Mainboard. The price band on this page is ₹30—₹32. The minimum investment shown for one lot is ₹14,040. The opening date on the calendar is 2026-09-25. The closing date on the calendar is 2026-09-29. The listing date on the calendar is 2026-10-05. The grey market premium on the calendar is ₹1.

Open now means the application window includes today. Upcoming means the window has not started. Listed means the listing date is today or earlier, so the card shows the listed price, the offer price, and the listing gain or loss when the calendar has those figures. The same status rules decide which filter shows AceVector Limited on the IPO list.

The price band is the range in which bids are invited. The minimum investment is the cost of one lot at the low end of that band, unless the published sheet states a different minimum. When Lumic has published the sheet, the offer snapshot separates the fresh issue from the offer for sale and states the primary purpose of the money being raised. Key highlights keep one positive point and the concerns the editors want a reader to notice before opening the company filing.

Grey market premium, subscription, and listing prices can change through the day. They describe what the calendar currently shows for AceVector Limited. They are not a forecast of the listing price and they are not a recommendation to apply or to skip the issue. This page is for education.

The written breakdown for AceVector Limited is published on this page. Source notes point to NSE filings, public disclosures, and Lumic research.