Acevector IPO

Listed Mainboard
Min Investment
₹14,976
468 Shares
Min Investment
₹14,976 · 468 Shares
Open Sept 25
Close Sept 29
Allotment Sept 30
Refund Oct 01
Demat Oct 01
Listing Oct 05
Price Band ₹30–32
Lot Size 468 shares
Issue Size ₹420 Cr
Listed At ₹28.30 -11.6%
Subscribed 5.07×
Listed On BSE & NSE
Listing Price
₹28.30 (-11.56%)
vs issue price
Current Price (BSE)
₹25.62 (-19.94%)
as of 15 Oct, 10:07 am IST

Market Sentiment

Grey Market Premium What is GMP?
+₹1
+3.1% ▲ ₹0.25 since last update
Est. listing ₹33
Upper price ₹32
GMP range ₹0.5 – ₹1.5
29 Sept · ₹1 04 Oct · ₹1
Updated 04 Oct, 10:02 pm IST Unofficial grey-market data
GMP estimate ₹33
Actual listing ₹28.3
Listed below the GMP estimate by ₹4.7 (-14.2%)
Subscription Status
QIB
3.42x
NII
8.53x
bNII (>10L)
9.33x
sNII (2-10L)
6.94x
Retail
4.83x
Total
5.07x
Updated: Sept 29, 2026 5:58 pm IST
Analysis Score 55 / 100
Mixed Signals
Data: 80%
GMP Score 45
Subscription Score 60
Financial Health 70
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Price Band₹30–32 per equity share
Face Value₹1 Per Equity Share
Lot Size 468 shares (Min ₹14,976)
Total Issue Size ₹420.00 crore
Fresh Issue₹287.00 crore
Offer For Sale₹133.00 crore
Issue TypeBook build Issue
Lead Manager IIFL Capital Services Ltd. , CLSA India Pvt.Ltd.
Registrar MUFG Intime India Pvt. Ltd.
PromotersKunal Bahl, Rohit Kumar Bansal and Starfish I Pte.Ltd
Listing atBSE & NSE
BSE Code544962
ISININE580P01029
Listing Price₹28.30
Listing Gain-11.56%

Day-wise Subscription (times subscribed)

Category Day 1 Day 4 Final
QIB 0.00x 1.03x 3.42x
NII 0.42x 1.25x 8.53x
bNII > ₹10L 0.28x 1.16x 9.33x
sNII 2-10L 0.71x 1.43x 6.94x
Retail 0.62x 1.36x 4.83x
Total 0.23x 1.15x 5.07x

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 1 468 ₹14,976
Retail Maximum 13 6,084 ₹1,94,688
S-HNI Minimum 14 6,552 ₹2,09,664
S-HNI Maximum 66 30,888 ₹9,88,416
B-HNI Minimum 67 31,356 ₹10,03,392
Budget to Lots Calculator ▼
₹

IPO Reservation

Category Shares Offered Shares %
QIB3,93,75,00030.00%
NII (HNI)1,96,87,50015.00%
bNII > ₹10L1,31,25,00010.00%
sNII < ₹10L65,62,5005.00%
Retail1,31,25,00010.00%
Anchor5,90,62,50045.00%
Total13,12,50,000

Financial Analysis

Financial Data

EPS (Pre)
₹-1.32
RoNW
-59.54%
NAV/Share
₹2.21
Revenue Growth
32.18%
Profit Margin
8.46%

Financial Performance

Metric 2024 2025 2026
Revenue 384.74 406.77 537.67
Expense 427.67 453.75 575.22
Profit (PAT) 51.30 126.31 45.51
Total Assets 410.50 558.09 575.28
Values in Crores (₹)

Peer Comparison

Company EPS P/E RoNW % NAV Income
FSN E-Commerce Ventures Limited 0.70 462.50 13.87 5.00 10,022.35 Cr
Brainbees Solutions Limited -2.90 - -2.91 90.71 8,547.94 Cr
Meesho Limited -3.11 - -30.95 9.25 12,626.35 Cr

Strengths & Risks

Strengths
  • Strongly subscribed — 5.1x overall (final).
  • Strong institutional (QIB) demand — 3.4x.
  • Revenue grew 32% in the latest reported year.
  • Solid profit margin — 8.5%.
  • Mostly fresh capital — proceeds fund the company's growth, not an exit.
Risks & Concerns

Our data checks haven't flagged a specific concern for Acevector — but that isn't a clean bill of health. Read the risk-factors section of the RHP, which lists company-specific risks our data can't capture.

Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Acevector

Founded in 2007, AceVector operates a digital commerce ecosystem consisting of data, technology, and AI-driven businesses – a value e-commerce marketplace, e-commerce enablement software as a service (“SaaS”), and consumer brands. AceVector operates through 3 types of businesses: 1) Snapdeal, an e-commerce platform that offers affordable products. 2) Uniware, Convertway, and Shipway offer a suite of e-commerce enablement SaaS products. 3) Stellaro Brands, a consumer brands that sell products through online and offline channels. As of FY26, the company has served its products to over 18,972 PIN codes in India, especially targeting Middle-income and Value-conscious consumers situated in Tier 2+ and smaller cities.

Company Contact Information

Acevector Ltd., Mezzanine Floor, A-83,, Okhla Industrial Area,, Ph-II,, Delhi, New Delhi, 110020

Objects of the Issue

Purpose Amount (Cr)
Funding a portion of the marketing and business promotion expense of the Marketplace business of Company 220.00
Funding the technology infrastructure costs of the Marketplace business of Company 20.00
Funding inorganic growth through acquisitions and general corporate purpose -

Resources & Documents

Anchor Investors

Anchor Bidding Date
September 24, 2026
Shares Offered to Anchors
5,90,62,500
Lock-in End (30 Days, 50%)
October 30, 2026
Lock-in End (90 Days, 50%)
December 29, 2026

Acevector IPO - Quick Take

Acevector has set a price band of Rs 30–Rs 32 per share for an issue size of Rs 420 crore. The stock listed with a 11.56% discount versus its issue price on October 05, 2026.

The issue is promoted by Kunal Bahl, Rohit Kumar Bansal and Starfish I Pte.Ltd with IIFL Capital Services Ltd., CLSA India Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards funding a portion of the marketing and business promotion expense of the Marketplace business of Company (Rs 220 crore) and funding the technology infrastructure costs of the Marketplace business of Company (Rs 20 crore).

On fundamentals, the company is posting revenue growth of 32.2%, a profit margin of 8.5% in its most recent reported period. Listed peers in this segment include FSN E-Commerce Ventures Limited (P/E 462.50x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.

On our data-signal score, the combined signals for this issue currently read mixed — some indicators read positively and others do not. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Acevector IPO is Rs 30 to Rs 32 per share. Face value is Rs 1 per share.

The total issue size of Acevector IPO is Rs 420 crore, comprising fresh issue of Rs 287 crore and offer for sale (OFS) of Rs 133 crore.

The lot size of Acevector IPO is 468 shares. The minimum application is 1 lot (468 shares), requiring an investment of Rs 14,976. Maximum retail application is 13 lots (6,084 shares, approx Rs 1,94,688).

Acevector IPO opens for subscription on September 25, 2026 and closes on September 29, 2026. Anchor investor bidding is scheduled for September 24, 2026.

The expected allotment date for Acevector IPO is September 30, 2026. Refunds for unsuccessful applicants are expected on October 01, 2026. Shares are scheduled to be credited to demat accounts on October 01, 2026.

Acevector IPO is scheduled to list on October 05, 2026 on both BSE and NSE. BSE script code: 544962, ISIN: INE580P01029.

The last GMP (Grey Market Premium) recorded for Acevector IPO before listing was +Rs 1 (+3.1% over issue price). The shares actually listed at Rs 28.3 (-11.56% versus the issue price). GMP only estimates the listing price and stops mattering once the shares trade.

Acevector IPO was subscribed 5.07 times overall by the close of bidding — retail at 4.83x, QIB at 3.42x, NII at 8.53x.

Based on the final retail subscription of 4.83x for Acevector IPO, the estimated retail allotment probability is approximately 23.6%. This is a moderate probability of allotment.

The registrar for Acevector IPO is MUFG Intime India Pvt. Ltd. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Acevector IPO are IIFL Capital Services Ltd., CLSA India Pvt.Ltd.

The promoter(s) of Acevector are Kunal Bahl, Rohit Kumar Bansal and Starfish I Pte.Ltd.

Acevector IPO GMP — What It Means

GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed. Its last GMP before listing was 3.1%. Of the 32 Mainboard IPOs we have tracked with a final GMP under 10%, 19 listed above, 6 flat and 7 below the issue price; Acevector listed 11.6% below its issue price.

See the full Acevector GMP history and trend, or learn how grey market premium works and how reliable it is.

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