AceVector Limited IPO Details
Factual IPO information from public filings. Not investment advice.
Issue Details
- Price Band
- ₹30 – ₹32
- Lot Size
- 468 shares
- Min. Investment
- ₹14,976
- Total Issue Size
- ₹420 Cr
- 13,12,50,000 shares
- Fresh Issue
- ₹287 Cr
- 8,96,87,500 shares
- Offer for Sale
- ₹133 Cr
- 4,15,62,500 shares
- Face Value
- ₹1 per share
- Issue Type
- Book-built IPO
- Listing At
- NSE, BSE
- Shares Pre-Issue
- 45,44,99,270
- Shares Post-Issue
- 54,41,86,770
Lot Size & Investment
1 lot = 468 shares
Retail (min)
1 lot · 468 shares
Retail (max)
13 lots · 6,084 shares
S-HNI (min)
14 lots · 6,552 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 468 | ₹14,976 |
| Small HNI (S-HNI) | 14 | 6,552 | ₹2,09,664 |
| Big HNI (B-HNI) | 67 | 31,356 | ₹10,03,392 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 575.28 | 558.09 | 410.5 |
| Total Income | 537.67 | 406.77 | 384.74 |
| Profit After Tax | -45.51 | -126.31 | -51.3 |
| EBITDA | -22.17 | -107.79 | -35.77 |
| Net Worth | 102.08 | 126.33 | -142.09 |
| Reserves & Surplus | 56.99 | 86.59 | -181.83 |
| Total Borrowing | — | 0.45 | — |
About AceVector Limited
Incorporated in 2007, AceVector runs an asset-light digital commerce group through its subsidiaries, spanning data, technology and AI-led businesses. The group comprises Snapdeal, a value-focused lifestyle marketplace selling affordable merchandise across lifestyle categories; Unicommerce, covering Uniware, Convertway and Shipway, which supplies e-commerce enablement software for order, warehouse and shipping management; and Stellaro Brands, an omnichannel portfolio of value-focused consumer brands. The marketplace does not hold inventory itself, instead connecting sellers with buyers and earning commission and service income.
Company Information
Strengths (from RHP)
- Marketplace, enablement software and consumer brands give the group three distinct revenue streams.
- Snapdeal has an established position in the value segment of Indian e-commerce.
- The asset-light marketplace model avoids holding inventory.
Key risks (from RHP)
- The company has a history of losses.
- It has reported negative cash flows.
- A large share of group revenue still depends on Snapdeal.
- Book running lead managers
- IIFL Capital Services Limited
- CLSA India Private Limited and Systematix Corporate Services Limited
- Registered office
- Mezzanine Floor, A-83, Okhla Industrial Area, Ph-II, Delhi, New Delhi, 110020