Incorporated in 2007, Acevector Ltd. operates an asset-light digital commerce ecosystem through its subsidiaries, spanning data, technology, and AI-driven businesses. Its operations include a value-focused e-commerce marketplace, e-commerce enablement SaaS platforms, and consumer brand businesses.
The ecosystem comprises: (i) Snapdeal, a value-driven lifestyle e-commerce marketplace offering affordable and quality merchandise across lifestyle categories (ii) Uniware, Convertway, and Shipway, providing a comprehensive suite of e-commerce enablement SaaS products that support end-to-end e-commerce operations; and (iii) Stellaro Brands, an omnichannel portfolio of value-focused consumer brands.
In FY 2026, Snapdeal served customers nation-wide across 18,972 pin codes in India, primarily catering to middle-income, value-conscious consumers in Tier 2+ and smaller cities—an important segment of the large untapped value e-commerce market.
Competitive Strengths
- Diversified ecosystem driving organic and inorganic growth across businesses with centralised strategy support
- Leading value-focused e-commerce marketplace purpose built for value shoppers
- Robust unit economics with operating leverage in effect, ensuring improved profitability
- Proprietary technology stack powering discovery-led, personalised shopping experience
- Ability to identify, acquire, and scale businesses across the e-commerce value chain
- Robust governance practices, experienced management and marquee investors
| Purpose | Amount (₹ Cr) |
|---|---|
| Funding a portion of the marketing and business promotion expense of the Marketplace business of Company | ₹132 |
| Funding the technology infrastructure costs of the Marketplace business of Company | ₹50 |
| Funding inorganic growth through acquisitions and general corporate purpose | — |
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total Assets | 575 | 558 | 411 |
| Revenue | 538 | 407 | 385 |
| PAT | -46 | -126 | -51 |
| EBITDA | -22 | -108 | -36 |
| Net Worth | 102 | 126 | -142 |
| Reserves | 57 | 87 | -182 |
| Category | Sub (x) | Offered | Bid For |
|---|---|---|---|
| QIB | 2.04 | 98,437,500 | 200,574,504 |
| NII / HNI | 8.51 | 19,687,500 | 167,630,112 |
| Retail (RII) | 4.75 | 13,125,000 | 62,324,964 |
| Total | 3.28 | 131,250,000 | 430,529,580 |
* Amount calculated at upper price band (₹32) · ** Total includes all investor categories
- 1 Initiation of Refund 01 Oct 2026
- 2 Credit of Shares to Demat 01 Oct 2026
- 3 Lock-in Period (30%) Fri, Oct 30, 2026
- 4 Lock-in Period (50%) Tue, Dec 29, 2026
- Pre-issue EPS of ₹-1.
This IPO has relatively lower interest or stretched valuation. Proceed with thorough research and caution.
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