AceVector IPO Listing: Shares List At A Discount Of Over 11% On Exchanges After Modest Demand During Bidding
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AceVector’s shares made a weak debut on the stock exchanges on 5 October 2026, listing at a discount of over 11% to the IPO issue price. The stock opened at ₹28.30 and ₹28.32 on the BSE and NSE, respectively. Read more.
AceVector made its debut on stock exchanges today, i.e., 5 October 2026. The initial public offering (IPO) of AceVector was a mainboard issue and its shares were listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
The shares were listed at a discount of over 11% compared with the IPO issue price of ₹32 per share in the upper price band. On the NSE, the shares opened at ₹28.32 apiece. On the BSE, the stock was listed at ₹28.30 apiece.
AceVector IPO And Subscription Details
The AceVector IPO carried a price band of ₹30–32 per share. It was open for subscription from 25 September to 29 September. The IPO’s size was pegged at ₹420 crore and had a lot size of 468 shares.
The AceVector IPO received an overall subscription of 4.93 times. The qualified institutional buyer (QIB) portion was subscribed 3.38 times, while the non-institutional investor (NII) category was booked 8.16 times. The retail portion was subscribed 4.62 times.
IIFL Capital Services, CLSA India Pvt Ltd and Systematix Corporate Services Ltd were the book-running managers of the IPO, while MUFG Intime India Pvt Ltd was the issue registrar.
About AceVector
Established in 2007 as Jasper Infotech Private, AceVector later became known as Snapdeal Ltd. Its asset-light digital commerce ecosystem comprises three key businesses: Snapdeal, Unicommerce and Stellaro Brands. While Snapdeal focuses on value-driven online retail, Unicommerce offers e-commerce software as a service (SaaS) solutions and Stellaro Brands develops consumer brands.
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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