Acevector (Snapdeal) IPO
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Acevector (Snapdeal) IPO details
Schedule of Acevector (Snapdeal)
| Issue open date | 25 Sep 2026 |
| Issue close date | 29 Sep 2026 |
| UPI mandate deadline | 29 Sep 2026 (5 PM) |
| Allotment finalization | 30 Sep 2026 |
| Refund initiation | 01 Oct 2026 |
| Share credit | 01 Oct 2026 |
| Listing date | 05 Oct 2026 |
| Mandate end date | 14 Oct 2026 |
| Lock-in end date for anchor investors (50%) | 29 Oct 2026 |
| Lock-in end date for anchor investors (remaining) | 28 Dec 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Acevector (Snapdeal)
Acevector operates a digital commerce ecosystem comprising three core data-driven technology businesses. The first is Snapdeal, a value-focused lifestyle e-commerce marketplace platform targeting value-conscious, middle-income users primarily in Tier 2+ cities. It offers products across categories such as fashion, beauty, personal care, home, and general merchandise, generating revenue through seller fees and logistics services. The second operating segment is Unicommerce, which provides a comprehensive suite of e-commerce enablement software-as-a-service products. Its key offerings include warehouse and inventory management systems, multi-channel order management systems, and seller management panels for enterprises and small-to-medium businesses, generating revenue based on transaction volumes. The third segment is Stellaro Brands, an omnichannel consumer brands business that operates physical retail stores and an online presence. By integrating its marketplace, enterprise software, and consumer brands, the business covers key components of the e-commerce supply chain to serve consumers and sellers across the Indian retail market.
Financials of Acevector (Snapdeal)
Issue size
| Funds Raised in the IPO | Amount (₹ crores) |
| Total issue size | 420 |
| Fresh Issue – Proceeds go to the company | 287 |
| Offer for sale – Proceeds go to the existing investors | 133 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Marketing and business promotion expense of Marketplace | 132 (45.99%) |
| Technology infrastructure costs of Marketplace | 50 (17.42%) |
| General corporate purposes | 105 (36.59%) |
Strengths
- Diversified and synergistic digital commerce ecosystem.
- Proprietary and scalable technology infrastructure.
- Proven ability in strategic acquisitions and scaling.
- Strong market penetration targeting Tier 2+ cities.
- Robust governance and experienced leadership team.
Risks
- History of net losses and negative operating cash flows.
- High customer acquisition costs may hinder revenue growth.
- Highly competitive industry negatively impacting profit margins.
- Susceptibility to security breaches and cyber-attacks.
- Potential loss of control over Unicommerce operations.