Snapdeal Parent AceVector Opens ₹420 Crore IPO at ₹30-32 Price Band
AceVector, which owns Snapdeal, Unicommerce and Stellaro Brands, opened its ₹420 crore IPO on September 25 after raising ₹189 crore from anchor investors. The issue closes September 29.
Key Facts
| Detail | Value |
|---|---|
| Deal size | ₹420 |
| Stage | IPO |
| Sector | Acevector |
| Coverage | Startup News |
AceVector, the digital commerce group behind Snapdeal, Unicommerce and Stellaro Brands, opened its ₹420 crore IPO on September 25.
IPO Details
Financials
Operating revenue rose 29% to ₹510.38 crore in FY26, while the adjusted EBITDA loss narrowed sharply, according to the company's disclosures. The group is led by CEO Achint Setia, with co-founder Kunal Bahl as joint managing director.
Questions Readers Ask
What is the AceVector IPO price band?
₹30 to ₹32 per share.
When does the AceVector IPO close?
September 29, 2026.
What companies does AceVector own?
Snapdeal, Unicommerce and Stellaro Brands.
Why It Matters
AceVector's listing tests whether public investors will pay for a smaller, asset-light commerce group that is narrowing losses rather than growing at any cost. See our [IPO tracker](/article/india-startup-ipo-tracker) for other issues.
Reported by Ananya Raghavan. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.
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