E-Retail / E-Commerce - Listed on 05 October 2026
AceVector (E-Retail / E-Commerce) closed its IPO window in 2026 and listed on NSE and BSE on 05 October 2026 at an upper band issue price of Rs 32, opening at Rs 28.32 for a listing gain of -11.5% and closing day one at Rs 26.1 (-18.4% on closing basis). The IPO was subscribed 5.07x overall - QIB 3.42x, HNI/NII 8.53x, Retail 4.83x. The total issue size was Rs 420 Cr (Fresh Issue Rs 287 Cr, OFS Rs 133 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
E-Retail / E-Commerce
AceVector operates an asset-light digital commerce ecosystem spanning value-focused e-commerce through Snapdeal, e-commerce enablement software through Unicommerce and consumer brands through Stellaro Brands. Snapdeal operates a value-focused online marketplace, while Unicommerce provides software for order processing, inventory, warehousing, logistics and related e-commerce operations.
Issue structure, listing outcome and context
The ₹420 crore IPO comprised a ₹287 crore fresh issue and a ₹133 crore offer for sale, priced at ₹32 per share at the upper end. Fresh issue proceeds were intended for marketing and business promotion of the marketplace, technology infrastructure and general corporate purposes. The shares listed on NSE at ₹28.32 on 5 October 2026, an 11.50% discount to the issue price, and closed at ₹26.10.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | - | - |
| Day 2 | - | - |
| Day 3 | Rs 1.8 | +5.60% |
| Day 4 | - | - |
| Day 5 | - | - |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Prediction Accuracy: 10.4 pp (Variance observed)
How the broader market moved around the AceVector IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
AceVector IPO listed at -11.5% versus the upper issue price of Rs 32 on 05 October 2026.
AceVector IPO was subscribed 5.07x overall. QIB portion was subscribed 3.42x, HNI / NII 8.53x and Retail 4.83x.
IPO GMP started at - on Day 1 and moved to Rs 1.8 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.