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Acevector IPO
Price Band
₹30.0–32.0
Issue Size
₹420.0 Cr
Lot Size
468 shares
Min Investment
₹14,976
GMP
+₹1.0 (3.12%)
Issue Price
₹32.0
Subject to Sauda
₹400
Paid only if allotted
Acevector IPO AI Summary
- Acevector IPO is open now on BSE, NSE in the E-Retail/ E-Commerce sector.
- Price band: ₹30.0–₹32.0 per share, lot size 468 shares (min. investment ₹14,976).
- Subscription window: 25 Sep–29 Sep 2026, listing on 05 Oct 2026.
- Current GMP is +₹1.0 (3.12%), an estimated listing price of ₹33 — unofficial and can change daily.
AceVector is an e-commerce company with a focus on value-driven products and services. While it shows growth in revenue, it is currently operating at a loss. The IPO is open for subscription with a moderate level of interest from retail investors.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Acevector IPO — Third-Party Research Views
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
LIVE · updates every 5 minOverall Subscription
0.24x
| Category | Subscription | Status |
|---|---|---|
| QIB (Institutional) |
0.00x
|
0.00x |
| NII (HNI) |
0.44x
|
0.44x |
| ↳ bNII (>₹10L) |
0.29x
|
0.29x |
| ↳ sNII (<₹10L) |
0.74x
|
0.74x |
| Retail (RII) |
0.65x
|
0.65x |
| Total | 0.24x | 0.24x |
Auto-updated every 5 min · As of 25th Sep 2026 17:08
Acevector IPO Grey Market Premium (GMP) Today
GMP
+₹1.0
GMP %
+3.12%
Est. Listing
₹33.0
Updated: 28 Sep 2026 01:45
GMP Trend (Last 5 Days)
TopFund Score — Listing Data Indicator
GMP is 3.1% above issue price
QIB subscribed 0.0x
No anchor allocation for this IPO
Similar IPOs (same sector & type) averaged 26.1% listing gain
A rules-based composite of GMP, subscription demand, anchor participation and comparable-IPO history — each weighted as shown above. Not a statistically validated probability, a guarantee of listing performance, or personalized investment advice.
Limitations: weights are fixed by TopFund, not backtested against outcomes; the "Historical Similar-IPO Performance" factor needs at least 3 comparable past listings and falls back to a broader, less specific cohort when this sector/type doesn't have enough; GMP and subscription data can change daily right up to listing day, so scores shown may already be stale — check the "as of" date above.
About the Company
AceVector, incorporated in 2007, Acevector Ltd. operates an asset-light digital commerce ecosystem through its subsidiaries, spanning data, technology, and AI-driven businesses. Its operations include a value-focused e-commerce marketplace, e-commerce enablement SaaS platforms, and consumer brand businesses. The ecosystem comprises:(i) Snapdeal, a value-driven lifestyle e-commerce marketplace offering affordable and quality merchandise across lifestyle categories;(ii) Unicommerce, which includes Uniware, Convertway, and Shipway, providing a comprehensive suite of e-commerce enablement SaaS products that support end-to-end e-commerce operations; and(iii) Stellaro Brands, an omnichannel portfolio of value-focused consumer brands. Snapdeal served customers across 18,773 pin codes in India during the six months ended September 30, 2025, primarily catering to middle-income, value-conscious consumers in Tier 2+ and smaller cities—an important segment of the large untapped value e-commerce market. The platform has maintained an average product rating of 4.0 or higher on a 5-point scale over the last three financial years, as well as during the six-month periods ended September 30, 2025, and September 30, 2024.
Company Financials (₹ Cr)
As of 2026-03-31
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 575.28 | 558.09 | 410.50 |
| Total Income | 537.67 | 406.77 | 384.74 |
| Profit After Tax | -45.51 | -126.31 | -51.30 |
| EBITDA | -22.17 | -107.79 | -35.77 |
| NET Worth | 102.08 | 126.33 | -142.09 |
| Reserves and Surplus | 56.99 | 86.59 | -181.83 |
| Total Borrowing | 0.45 |
Key Ratios
EPS
₹-1.00
NAV
₹2.21
RoNW
-59.54%
P/B Value
14.48
P/E Ratio
-32
Market Cap
₹1741.40 Cr
Peer Comparison
| Company | NAV | RoNW | EPS Basic | EPS Diluted | P/E (x) |
|---|---|---|---|---|---|
| Meesho | 9.25 | -30.95% | -3.11 | -3.11 | — |
| Brainbees Solutions | 90.71 | -2.91% | -2.9 | -2.9 | — |
| FSN E-Commerce Ventures | 5 | 13.87% | 0.7 | 0.7 | 462.5 |
| AceVector This IPO | 2.21 | -59.54% | -1.32 | -1.32 | — |
Promoters
Kunal Bahl, Rohit Kumar Bansal, Starfish I Pte.Ltd.
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding a portion of the marketing and business promotion expense of the Marketplace business of Company 132.00 2 Funding the technology infrastructure costs of the Marketplace business of Company 50.00 3 Funding inorganic growth through acquisitions and general corporate purpose Total 182.00
IPO Evaluation
Generated 27 Sep 2026Revenue Trend
Total income was ₹384.74 Cr in the year ending 31 Mar 2024, increasing to ₹406.77 Cr by 31 Mar 2025, and further rising to ₹537.67 Cr by 31 Mar 2026. This shows a positive trend in revenue growth over the periods.
Profit Trend
Profit after tax was ₹-51.30 Cr in the year ending 31 Mar 2024, worsening to ₹-126.31 Cr by 31 Mar 2025, though it improved to ₹-45.51 Cr by 31 Mar 2026. This indicates a fluctuating trend in profitability, with the most recent period showing a reduction in losses.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the extra amount investors are willing to pay for shares in the grey market before the official listing. A positive GMP suggests that the market expects the stock to perform well upon listing.
Subscription Demand
As of 25th Sep 2026, the total subscription was 0.24 times, with different categories showing varied interest. The retail category saw a subscription of 0.65 times, while the QIB category had no bids. This indicates a moderate level of interest from retail investors compared to institutional investors.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their risk tolerance and investment goals. It's important to consider the company's growth potential and market conditions.
Who May Want to Wait
Investors who prefer stable and profitable companies may want to avoid this IPO, especially given its current negative profitability and fluctuating financial performance.
IPO Timeline, Explained
The IPO opens for subscription on 25th September 2026 and closes on 29th September 2026. Allotment of shares will be done on 30th September 2026, and the shares are expected to be listed on the stock exchange on 5th October 2026.
Listing Gains — The Risk
Listing gains refer to the profits made by investors when they sell shares on the listing day at a price higher than the issue price. However, these gains are not guaranteed and can be influenced by market conditions and investor sentiment.
This evaluation is generated from Acevector's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Acevector IPO GMP today?
Acevector IPO GMP today is +₹1.0 (3.12%), indicating an estimated listing price of ₹33. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Acevector IPO?
The price band of Acevector IPO is ₹30.0–₹32.0 per share.
When does Acevector IPO open and close?
Acevector IPO opens on 25 September 2026 and closes on 29 September 2026.
When does Acevector IPO list on the stock exchange?
Acevector IPO is scheduled to list on 05 October 2026, with an estimated listing price of ₹33.0 based on current GMP.
What is the lot size for Acevector IPO?
The lot size for Acevector IPO is 468 shares, requiring a minimum investment of ₹14,976.
What is the TopFund Listing Data Indicator for Acevector?
Acevector's Listing Data Indicator score is 31/100 (Low signal), a weighted composite of GMP strength, subscription demand, anchor investor interest and how similar past IPOs performed on listing. It's a rules-based summary of public market data, not a statistically validated probability, a guarantee, or personalized investment advice.
What is the price band for the AceVector IPO?
The price band for the AceVector IPO is ₹30.0 to ₹32.0.
What is the minimum investment required for this IPO?
The minimum investment required is ₹14,976.
What is the lot size for the AceVector IPO?
The lot size for the AceVector IPO is 468 shares.
When is the listing date for the AceVector IPO?
The listing date for the AceVector IPO is 5th October 2026.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected price of the stock in the grey market before it officially lists.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
25 Sep 2026
Close
29 Sep 2026
Allotment
30 Sep 2026
Listing
05 Oct 2026
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