On this page

Snapdeal parent AceVector opens ₹420 crore IPO to fund marketplace growth

Snapdeal parent AceVector opened its ₹420 crore IPO, funding marketplace marketing, technology and acquisitions. The Gurgaon-based digital commerce group includes Snapdeal, Unicommerce and Stellaro Brands; revenue rose 29.2% in FY26 while losses narrowed, amid intense e-commerce competition.

AceVector opens ₹420 crore IPO as FY26 revenue rises 29.2%
IPO issue size
₹420 crore
FY26 revenue
₹510.4 crore
up up 29.2%
FY26 net loss
₹60.7 crore
Post-issue market capitalisation
about ₹1,741 crore

Reported figures

From the report. Source details below

IPO price band: ₹30-₹32 per share
Fresh issue: ₹287 crore
Offer for sale: ₹133 crore
Anchor investment: ₹189 crore
Post-issue market capitalisation: about ₹1,741 crore
FY26 revenue: ₹510.4 crore, up 29.2%
FY26 net loss: ₹60.7 crore
Marketplace marketing allocation: ₹132 crore
Technology infrastructure allocation: ₹50 crore
Listing expected: October 5

The source

Source Read the source at CNBC-TV18

Published

Confirmed by NDTV Profit

First seen