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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the AceVector Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹32
Per ShareLot Size
468 Shares
Minimum Investment
₹14,976
Issue Size
₹420 Cr
Face Value
₹1
Per ShareIPO Type
Book Building
Retail Quota
10%
QIB Quota
75%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
64.11%
Promoter Holding (Post-Issue)
48.83%
Issue Type
Book Building
ISIN
INE580P01029
We are a digital commerce ecosystem comprising (i) Snapdeal, a value focused lifestyle e-commerce marketplace, (ii) Unicommerce, an e-commerce enablement SaaS platform, and (iii) Stellaro Brands, an omnichannel consumer brands retailing business. Together, these businesses cover the entire e- commerce value chain across B2C and B2B segments catering to multiple stakeholders vertically viz., through both online and offline modes and horizontally viz., consumers, sellers, brands and logistics providers. Snapdeal's operational model is designed for cost efficiency and scale. We integrate comprehensive technological support, including inventory management and courier aggregation from Unicommerce, an approach which is reflected in our brand, Rangita, a women's ethnic wear label, which is also part of Stellaro Brand's omnichannel strategy.
India's large, fast-growing e-commerce market is projected to grow at 19.6% CAGR from US$ 95.8 billion in FY 2025 to US$ 234.4 billion by FY 2030, driven by the online shoppers growing from 300 to 700 million. This growth will create opportunities across consumer and e-commerce enablement markets. The value lifestyle e-commerce segment is expected to grow 3x from US$ 25.0 billion to US$ 75.3 billion from FY 2025 to 2030. India's e-commerce enablement SaaS market is projected to grow at a CAGR of 30.7% from FY 2025 to 2030, driven by digital enablement across the retail value chain.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering 131,250,000 equity shares of face value of Re. 1 each ("Equity Shares") of Acevector Limited (the "Company" or the "Company") for cash at a price of Rs. 32 per equity share (including a premium of Rs. 31 per equity share) ("Offer Price") aggregating to Rs. 420 Crores (the "Offer") comprising a fresh issue of 89,687,500 equity shares of face value of Re. 1 each aggregating to Rs. 287.00 Crores (the "Fresh Issue") and an offer for sale of 41,562,500 equity shares of face value of Re. 1 each aggregating to Rs. 133 Crores (the "Offer for Sale"), consisting of 27,607,082 equity shares of face value of Rs. 1 each aggregating to Rs. 88.34 Crores by Starfish I Pte. Ltd. (the "Promoter Selling Shareholder"), 7,391,113 equity shares of face value of Rs. 1 each aggregating to Rs. 23.65 Crores By Nexus India Direct Investments ii, 1,740,528 equity shares of face value Rs. 1 each aggregating to Rs. 5.57 Crores by Fih Business Global Pte. Ltd. (formerly known as Wonderful Star Pte. Ltd.), 839,713 equity shares of face value Rs. 1 each aggregating to Rs. 2.69 Crores by Nexus Opportunity Fund Ltd, 465,599 equity shares of face value of Rs. 1 each aggregating to Rs. 1.49 Crores By Nexus Ventures iii, Ltd., 269,120 equity shares of face value of Rs. 1 each aggregating to Rs. 0.86 Crores by Rupen Investment And Industries Private Limited and 269,120 equity shares of face value of Rs. 1 each aggregating to Rs. 0.86 Crores By Centaurus Trading And Investments Private Limited (collectively, "Investor Selling Shareholders"), 1,320,799 equity shares of face value of Rs. 1 each aggregating to Rs. 4.23 Crores by Kenneth Stuart Glass, 1,111,680 equity shares of face value of Rs. 1 each aggregating to Rs. 3.56 Crores by Jason Ashok Kothari, 215,280 equity shares of face value of Rs. 1 each aggregating to Rs. 0.69 Crores by Misha Kohli, 224,786 equity shares of face value of Rs. 1 each aggregating to Rs. 0.72 Crores by Laurent Bernard Amouyal, 53,840 equity shares of face value of Rs. 1 each aggregating to Rs. 0.17 Crores by Radhika Gupta, 53,840 equity shares of face value of Rs. 1 each aggregating to Rs. 0.17 Crores by Nalin Luis Moniz (collectively, "Individual Selling Shareholders") (promoter selling shareholder, investor selling shareholders and individual selling shareholders collectively referred to as the "Selling Shareholders" and such equity shares, the "Offered Shares"). The offer constituted 24.12% of the post-offer paid-up equity share capital of the company. Price Band: Rs. 32 per equity share of face value of Rs. 1 each. The floor price is 32 times of the face value of the equity shares. Bids can made for a minimum of 468 equity shares of face value of Rs. 1 each and in multiples of 468 equity shares of face value of Rs. 1 each thereafter.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company was incorporated as Jasper Infotech Private Limited on September 12, 2007, at New Delhi, as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana at New Delhi ("RoC"). Pursuant to a special resolution passed by our Shareholders on February 25, 2019, the name of our Company was changed to "Snapdeal Private Limited", and a fresh certificate of incorporation dated March 20, 2019, was issued by the RoC consequent upon change of name from `Jasper Infotech Private Limited' to `Snapdeal Private Limited'. Our Company was converted into a public limited company pursuant to a special resolution passed by our Shareholders at the EGM held on December 5, 2021, and the name of our Company was changed to Snapdeal Limited. A fresh certificate of incorporation consequent upon conversion to a public limited company was issued by the RoC on December 9, 2021. Pursuant to a special resolution passed by our Shareholders on December 30, 2022, the name of our Company was changed to "AceVector Limited", and a fresh certificate of incorporation dated January 6, 2023, was issued by the RoC consequent upon change of name from `Snapdeal Limited' to `AceVector Limited'.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.
*Subject to approvals and market conditions.