Q1. What is the business of AceVector Limited?

It is the digital‑commerce ecosystem behind Snapdeal, also operating SaaS e‑commerce platform Unicommerce and omnichannel consumer brand arm Stellaro Brands.

Q2. Why is the company raising funds via IPO?

Acevector is raising funds via IPO to fund marketing, tech infrastructure, inorganic growth (acquisitions).

Q3. What is the size of the issue and where will it list?

The issue size of the IPO features a ₹300 crore fresh issue plus OFS of ~6.38 crore equity shares. It will be listed on the BSE & NSE platform.

Q4. What are the risks to an investor?

Risk factors include reasons like heavy competition from larger players, narrowing margins, evolving e‑commerce dynamics and valuation/market sentiment uncertainty.

Q5. What are the potential upsides?

Strong upsides of Acevector is its value commerce exposure, diversified revenue streams, founder conviction, growth in e‑commerce SaaS, and tech‑led expansion.

Q6. How to apply for the IPO?

You can apply for the IPO via ASBA through bank net banking, UPI on trading apps, or through your broker once the IPO opens for subscription.

AceVector Limited

Upcoming

AceVector Limited

Market Cap

—

IPO Issue Size

~₹300 crore fresh issue + ~6.38  Cr equity shares OFS

Expected Price by IPOCorner

—

IPO Score

*Score varies on actual price

AceVector Limited, a SoftBank‑backed digital commerce company and the parent of e‑commerce marketplace Snapdeal, also operates the Unicommerce e‑commerce enablement platform and the Stellaro Brands consumer business—together forming a diversified tech‑driven commerce ecosystem. The company has filed its draft red herring prospectus (DRHP) with SEBI for a proposed IPO of fresh issueof around ₹300 crore and OFS of around 6.38 Cr existing shares being sold by current investors.

AceVector Limited was incorporated in the year 2007.Mr. Achint Setia serves as the Chief Executive Officer of the company.

It operates a value‑focused e‑commerce marketplace (Snapdeal), a SaaS e‑commerce enablement platform (Unicommerce) and a consumer brands arm (Stellaro Brands).Snapdeal served about 11.7 million annual transacting customers and delivered ~13 million units in a recent reporting period.

Subscription date to apply for AceVector Limited is yet to be announced. Price band for the IPO is yet to be declared.

~₹300 crore fresh issue + ~6.38  Cr equity shares OFS

Fresh Issue

~₹ 300 Cr

Offer for Sale

~6.38  Cr equity shares

Year	2025
Networth	₹ 138.55 Cr
Revenue	₹ 395.02 Cr
EBITDA	₹ -39.15 Cr
PAT	₹ -125.93 Cr
EBITDA Margin	~ -9.91%
PAT Margin	~ -31.88%
Face Value	Rs.01 per Equity Share

IPO Important Dates

#	Date
Open Date	TBA
Close Date	TBA
Anchor Investor Bidding	TBA
Allotment Date	TBA
Refunds& Demat Credit	TBA
Tentative Listing Date	TBA

Use Of Proceeds

Purpose	Amount
Marketing & Promotions	~ ₹ 125 Cr
Technology & Infrastructure	~ ₹ 55 Cr
-	-
-	-
-	-
General Corporate Purpose	Balance

Financial Data

#	2023	2024	2025
Revenue (₹ Cr)	371.96	379.76	395.02
PAT (₹ Cr)	-267.53	-51.29	-125.93
Asset (₹ Cr)	378.37	410.49	553.96
Net Worth (₹ Cr)	22.82	-129.16	138.55

IPO Grey Market Premium

Date	IPO Price	IPO GMP	Profit Per Lot
23-Aug	₹ –	₹ –	₹ –
22-Aug	₹ –	₹ –	₹ –
21-Aug	₹ –	₹ –	₹ –
20-Aug	₹ –	₹ –	₹ –
19-Aug	₹ –	₹ –	₹ –

Pros

Diversified e‑commerce ecosystem with Snapdeal, Unicommerce, and Stellaro Brands.
Growing digital commerce and SaaS adoption in India offers long-term growth potential.
Fresh capital raising (~₹300 crore) to fund expansion and strengthen market position.
Experienced leadership with strong investor backing (SoftBank & other PE investors).
Strong customer base (~1.17 Cr annual buyers) with omnichannel reach.

Cons

Highly competitive e‑commerce market dominated by Amazon and Flipkart.
Profitability is uncertain, high operating costs in logistics and technology.
Limited physical store presence may constrain offline growth.
IPO price band and valuation unknown, potential overvaluation risk.
Regulatory changes or shifts in consumer behavior could impact revenue growth.

Promoters – Pre offer equity (Approx)

Promoters	% Shares
Starfish I Pte. Ltd.	~30.68%
Kunal Bahl	~12.42%
Rohit Kumar Bansal	~11.14%
B2 Professional Services LLP	~11.07%
-	-
-	-

Lot Size details

Application Type	Lot Size	No. of Lot	No. of Shares	Investment Amount
Retail (Min)	–	1	–	₹ –
Retail (Max)	–	13	–	₹ –
HNI (Min)	–	14	–	₹ –
HNI (Max)	–	66	–	₹ –
Big HNI (Min)	–	67	–	₹ –

Key Performance Index (KPI)

ROE	00
ROCE	00
RoNW	00

Lead / Book Running Lead Managers

IIFL Capital Services Limited CLSA India Private Limited

Registrar (RTA)

MUFG Intime India Private Limited

Q1. What is the business of AceVector Limited?
It is the digital‑commerce ecosystem behind Snapdeal, also operating SaaS e‑commerce platform Unicommerce and omnichannel consumer brand arm Stellaro Brands.
Q2. Why is the company raising funds via IPO?
Acevector is raising funds via IPO to fund marketing, tech infrastructure, inorganic growth (acquisitions).
Q3. What is the size of the issue and where will it list?
The issue size of the IPO features a ₹300 crore fresh issue plus OFS of ~6.38 crore equity shares. It will be listed on the BSE & NSE platform.
Q4. What are the risks to an investor?
Risk factors include reasons like heavy competition from larger players, narrowing margins, evolving e‑commerce dynamics and valuation/market sentiment uncertainty.
Q5. What are the potential upsides?
Strong upsides of Acevector is its value commerce exposure, diversified revenue streams, founder conviction, growth in e‑commerce SaaS, and tech‑led expansion.
Q6. How to apply for the IPO?
You can apply for the IPO via ASBA through bank net banking, UPI on trading apps, or through your broker once the IPO opens for subscription.