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Snapdeal parent AceVector lists after ₹420 Cr IPO is subscribed 4.93X
AceVector, the Snapdeal parent, lists on the bourses after a ₹420 Cr public issue oversubscribed 4.93X, valuing it at about ₹1,741 Cr at the upper end of the ₹30-₹32 price band. Kuku reported a ₹182.7 Cr FY26 profit.
Newer report adds to this story , : AceVector listed at Rs 28.32, 11% below the Rs 32 issue price.
The numbers
Figures from Inc42,
| AceVector fresh issue: | ₹287 Cr |
|---|---|
| Kuku FY26 operating revenue: | ₹1,484.2 Cr |
| Kuku likely IPO size: | ₹2,500 Cr |
Why it matters to operators and investors
With AceVector now listed, Snapdeal has a public valuation benchmark and a possible share currency for partnerships or tuck-in deals, while Kuku's ₹182.7 Cr FY26 profit sets a profitability yardstick for pricing other consumer-internet targets.