AceVector Limited

AceVector Limited (New IPO): GMP, Profit, Price & expert review

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AceVector Limited, a SoftBank‑backed digital commerce company and the parent of e‑commerce marketplace Snapdeal, also operates the e‑commerce enablement platform and the Stellaro Brands consumer business – together forming a diversified tech‑driven commerce ecosystem.

Snapdeal served about 11.7 million annual transacting customers and delivered ~13 million units in a recent reporting period.

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

AceVector Limited has filed DRHP with SEBI for a proposed IPO with an issue size of ₹300 Cr + 63,870,763 Equity Shares consisting Fresh Issue of ₹300 Cr & Offer for Sale (OFS) of 63,870,763 Equity Shares.

Subscription date to apply for the IPO is yet to be announced. Price band for the IPO is also pending to be declared.

Check DRHP
Check IPO Allotment
Visit Official Website
Issue Size:₹300 Cr + 63,870,763 Equity Shares
Fresh Issue:₹300 Cr
Offer for Sale:63,870,763 Equity Shares
Price Range:TBA
Lot Size:TBA
GMPPending

AceVector Limited important data points

Revenue, PAT, EBITDA

YearFiscal 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:₹ 1 Per Equity Shares

IPO important dates

Open Date:TBA
Close Date:TBA
Anchor Investor BiddingTBA
Allotment Date:TBA
Refunds & Demat CreditTBA
Tentative Listing Date:TBA

Use of Proceeds

PurposeAmount
Marketing & Promotions~ ₹ 125 Cr
Technology & Infrastructure~ ₹ 55 Cr
Working capital requirement~  ₹ 00 Cr
General Corporate PurposeBalance

AceVector Limited Financial Data

202320242025
Revenue (₹ Cr)₹ 372.0₹ 379.8₹ 395.0
PAT (₹ Cr)₹ -267.5₹ -51.3₹ -125.9
Asset (₹ Cr)₹ 378.4₹ 410.5₹ 554.0
Net Worth (₹ Cr)₹ 22.8₹ -129.2₹ 138.6

AceVector Limited IPO Grey Market Premium

DateIPO PriceIPO GMPProfit per lot
02-Mar₹ –₹ –₹ –
01-Mar₹ –₹ –₹ –
28-Feb₹ –₹ –₹ –
27-Feb₹ –₹ –₹ –
26-Feb₹ –₹ –₹ –
AceVector Limited

AceVector Limited IPO Pros & Cons

Strengths:

  • 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.

Risks:

  • 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.

AceVector Limited 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%

AceVector Limited Lot Size details

Application TypeLot SizeNo. of LotsNo. of SharesInvestment Amount
Retail(Min)–1–₹ –
Retail (Max)–13–₹ –
Small HNI (Min)–14–₹ –
Small HNI (Max)–66–₹ –
Big HNI (Min)–67–₹ –

Lead Managers / Registrars of AceVector Limited 

Lead / Book Running Lead ManagersIIFL Capital Services Limited, CLSA India Private Limited
Registrar (RTA)MUFG Intime India Private Limited

AceVector Limited FAQ

For more amazing blogs click here (IPO Corner).

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