Snapdeal parent AceVector to open ₹420 crore IPO on Sept. 25
AceVector, which operates Snapdeal, Unicommerce and Stellaro Brands, plans a ₹287 crore fresh issue and a 4.16 crore-share offer for sale valued at ₹133 crore at the upper price band. Shares are scheduled to list on Oct. 5.
What happened
AceVector Ltd. · AceVector, operator of Snapdeal, Unicommerce and Stellaro Brands, opens its IPO on September 25. The digital-commerce company plans a Rs 287
Key facts
- AceVector fresh issue: Rs 287 crore
- AceVector OFS: 4.16 crore shares, valued at Rs 133 crore at the upper price band
- AceVector anchor allocation: 59.06 lakh shares at Rs 32 per share
- AceVector GMP: Rs 2
- AceVector estimated listing price: Rs 34
What changed
AceVector, operator of Snapdeal, Unicommerce and Stellaro Brands, opens its IPO on September 25. The digital-commerce company plans a Rs 287 crore fresh issue plus a 4.16 crore-share OFS, after allocating 59.06 lakh shares to anchor investors at Rs 32 each.
Why this matters
AceVector’s ₹420 crore IPO gives Snapdeal, Unicommerce and Stellaro Brands added public-market visibility and fresh capital to support operating expansion ahead of an expected Oct. 5 listing.
What to watch
- Anchor-book composition and broader institutional subscription levels before the issue closes.
- Retail and non-institutional subscription multiples, particularly relative to the anchor allocation price of ₹32 per share.
- Listing-day premium or discount and first-month trading liquidity.
- Quarterly trends in Snapdeal GMV, active buyers, take rate, fulfillment costs, and contribution margin.
- Unicommerce revenue growth, EBITDA margin, client wins, customer concentration, and merchant retention.