Acevector IPO
Acevector IPO Listing Day Performance
Acevector listed on BSE & NSE on 05 October 2026 at ₹28.30, a 11.56% discount to the issue price of ₹32. A retail investor allotted one lot of 468 shares lost ₹1,732 at the listing price.
GMP vs actual listing
| Last GMP before listing | ₹1 (+3.1%) |
| GMP-implied listing | ₹33 |
| Actual listing | ₹28.30 |
| Difference | −₹4.7 (−14.2%) |
Demand going into listing
| Subscribed overall | 5.07× |
| QIB | 3.42× |
| NII | 8.53× |
| Retail | 4.83× |
Market Sentiment
IPO Details
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
IPO Reservation
Financial Analysis
Financial Data
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 |
Peer Comparison
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Acevector This IPO | -1.32 | - | -59.54 | 2.21 | - |
| 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
- 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.
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.
From this issue's live data. Not investment advice — read the RHP.
Company Information
Acevector at a glance
From the company's description: “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 is raising ₹420 crore through an IPO on the BSE and NSE mainboard. Of that, ₹287 crore is a fresh issue — new shares, with the money going to the company — and ₹133 crore is an offer for sale by existing shareholders, who keep those proceeds; 68% of the issue therefore reaches the business. Main stated uses of the fresh money: Funding a portion of the marketing and business promotion expense of the Marketplace business of Company (₹220 crore) and Funding the technology infrastructure costs of the Marketplace business of Company (₹20 crore).
Revenue went from ₹385 crore in 2024 to ₹538 crore in 2026, up 40% over 2 years. Profit after tax went from ₹51.3 crore to ₹45.51 crore, a net margin of 8.5% in the latest year.
Written from the issue's offer-document figures shown on this page. Not investment advice.
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
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.
Acevector IPO: Lead Manager & Registrar Track Record
How the firms running this issue and its registrar have fared on the other IPOs we track. Each firm's figures leave out Acevector itself, so they describe what came before it.
- Acevector listed at −11.6% on day one; the median of 113 listings was +7% (better than 4% of them).
- Subscribed 5.07x against a median of 20.56x across 111 issues (higher than 33%).
- Average listing-day move across all 114 Mainboard listings we track: +13.6%.
| Firm | Other IPOs | Listed at / above issue | Avg move | Median |
|---|---|---|---|---|
| IIFL Capital Services Ltd. Lead manager | 29 29 MB · 0 SME | 76% 19 of 25 | +11% | +4.5% |
| CLSA India Pvt.Ltd. Lead manager | 1 1 MB · 0 SME | 100% 1 of 1 | +21.4% | +21.4% |
| MUFG Intime India Pvt. Ltd. Registrar | 65 43 MB · 22 SME | 76% 47 of 62 | Check allotment → | |
Recent listings managed by IIFL Capital Services Ltd. (5)
Best: Tonbo Imaging +66% · Weakest: Amagi Media Labs −12.2%
| IPO | Listed | Listing-day move |
|---|---|---|
| SFC Environmental | 03 Nov 2026 | +7.6% |
| Jio Platforms | 28 Oct 2026 | +21.4% |
| Tonbo Imaging | 23 Oct 2026 | +66% |
| Fusion CX | 22 Oct 2026 | +5.5% |
| HD Fire Protect | 21 Oct 2026 | +23.6% |
Recent listings managed by CLSA India Pvt.Ltd. (1)
| IPO | Listed | Listing-day move |
|---|---|---|
| Jio Platforms | 28 Oct 2026 | +21.4% |
A SEBI-registered merchant banker that runs the issue: due diligence, drafting the offer document, setting the price band with the company, and marketing the IPO to investors.
Finalises the basis of allotment, credits shares to demat accounts, releases blocked funds for unsuccessful bids and handles investor queries about the issue.
Listing-day move = exchange opening price vs issue price (band ceiling where the final price isn't recorded). Counts cover IPOs we track only. Past listings don't predict this one; this is not investment advice.
Frequently Asked Questions
Acevector IPO GMP — What It Means
Its last GMP before listing was 3.1%. Of the 40 Mainboard IPOs we have tracked with a final GMP under 10%, 27 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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