AceVector Launches Rs 420 Cr IPO: Snapdeal Parent Details
By Business Desk
AceVector Limited, parent company of Snapdeal, launches its Rs 420 crore IPO. Check price band, dates, lot size, and issue structure.
AceVector Limited officially opened its initial public offering on September 25, 2026, targeting a total raise of approximately Rs 420 crore. Bids remain open until September 29, 2026, for investors looking at the Snapdeal parent company.
IPO Structure And Pricing Details
The public issue combines a fresh issue alongside an offer for sale across a fixed price band. Here is how the offering breaks down:
- Fresh issue: Rs 287 crore
- Offer for sale: About Rs 133 crore
- Price band: Rs 30 to Rs 32 per share
- Minimum lot size: 468 shares
Allocation And Digital Ecosystem
AceVector runs a digital commerce ecosystem housing the Snapdeal marketplace, Unicommerce SaaS platform, and Stellaro Brands consumer business. The issue allocates shares across specific investor categories:
- Qualified institutional buyers: 75%
- Non-institutional investors: 15%
- Retail investors: 10%
Listing Timeline
Tentative dates are locked in for allotment and trading debut on both the National Stock Exchange and Bombay Stock Exchange. The allotment is set for September 30, 2026, followed by the official listing date on October 5, 2026.