AceVector IPO: Snapdeal Parent Sets ₹30–₹32 Price Band, Issue Opens September 25

“Snapdeal parent AceVector has set the IPO price band at ₹30–₹32 per share, with the ₹420 crore issue opening on September 25, 2026.”

 New Delhi, September 22, 2026: AceVector Ltd, the parent company of Indian e-commerce platform Snapdeal, has announced the price band for its upcoming initial public offering (IPO) at ₹30 to ₹32 per equity share. The company’s public issue is scheduled to open for subscription on September 25 and will remain open until September 29, 2026.

The IPO marks an important step for AceVector as the company prepares to enter India’s listed equity market. At the upper end of the price band, the issue is expected to raise approximately ₹420 crore. The company is backed by investors including SoftBank and operates a broader digital-commerce ecosystem that extends beyond the Snapdeal marketplace.

IPO Structure: Fresh Shares and Offer for Sale

“AceVector’s IPO is scheduled to open for public subscription on September 25, 2026.” ( photo credit: Unsplash)

AceVector’s IPO will consist of two components: a fresh issue of shares by the company and an offer for sale (OFS) by existing shareholders.

The fresh issue is worth up to ₹287 crore, while existing investors will offer approximately 4.16 crore shares through the OFS, valued at around ₹133 crore at the upper end of the price band. Together, these components take the total issue size to about ₹420 crore.

The company had previously proposed a larger offering. Its earlier plan included a fresh issue of around ₹300 crore and an OFS involving more than 6.3 crore shares. The revised structure therefore represents a reduction in both the fresh issue and the number of shares being sold by existing investors.

Existing shareholders participating in the OFS include SoftBank-controlled Starfish, Nexus Venture Partners and other investors. Since shares sold through an OFS come from existing shareholders rather than being newly issued by the company, proceeds from that portion generally go to the selling shareholders rather than directly to AceVector.

Anchor Investor Bidding on September 24

Before the IPO opens for retail and other public investors, the company’s anchor-investor portion is scheduled to open on September 24.

The main public subscription window will then begin on September 25. Investors will be able to place bids within the ₹30–₹32 price range until the issue closes on September 29.

According to the announced IPO schedule, the company is expected to complete the allotment process shortly after the subscription period. AceVector shares are expected to begin trading on the stock exchanges from October 5, subject to completion of the listing process.

Where Will the IPO Money Go?

A significant portion of the money raised through the fresh issue is planned for strengthening AceVector’s marketplace business.

The company plans to allocate approximately ₹132 crore from the net proceeds toward marketing and business-promotion activities. Another ₹50 crore is earmarked for technology infrastructure related to the marketplace operation.

The remaining funds are intended to support inorganic growth opportunities, including potential acquisitions, along with general corporate purposes.

The planned spending highlights AceVector’s focus on expanding its digital-commerce operations while continuing to invest in technology and customer acquisition.

AceVector’s Business Beyond Snapdeal

“AceVector operates a digital commerce ecosystem that includes Snapdeal and Unicommerce.” ( photo credit: Unsplash)

Although AceVector is widely known because of Snapdeal, the company’s business interests extend beyond the e-commerce marketplace.

The Gurugram-based company describes itself as a digital-commerce ecosystem. Its operations include Snapdeal, which serves as its value-focused e-commerce marketplace, as well as Unicommerce eSolutions, a software-as-a-service platform that provides technology solutions for e-commerce businesses.

AceVector also has consumer-focused businesses operating under Stellaro Brands. This combination gives the company exposure to different parts of the digital-commerce industry, ranging from online retail to technology services and consumer brands.

Revenue Increased, Losses Narrowed

AceVector’s financial performance will be closely watched as it enters the public markets.

The company reported ₹510.4 crore in operating revenue during FY2026, representing an increase of about 29% from ₹395 crore in the previous financial year.

At the same time, the company remained loss-making. Its net loss for FY2026 stood at approximately ₹60.7 crore, compared with a loss of about ₹139.2 crore in the preceding fiscal year. The reduction in losses came alongside growth in operating revenue.

These figures will form part of the financial background investors examine when assessing AceVector’s business as it transitions to the public market.

IPO Comes Amid Busy Primary Market

AceVector’s public issue arrives during an active period for India’s primary market, with several new-age and technology-oriented companies exploring or completing stock-market listings.

The company’s IPO will also give public-market investors an opportunity to gain exposure to a business connected with Snapdeal and other digital-commerce operations. However, the IPO documents and financial disclosures remain important sources for investors seeking detailed information about the company’s business, financial position, risks and use of funds.

The ₹30–₹32 price band, September 25 opening date and ₹420-crore overall issue size are the key details investors will be watching ahead of the subscription window.

With anchor bidding scheduled for September 24 and public bidding beginning a day later, AceVector is now moving into the final stage of its IPO process. If the announced timetable remains unchanged, the company is expected to make its stock-market debut on October 5, 2026.