Snapdeal parent AceVector files updated IPO papers, Rs 300-cr fresh issue

• AceVector, Snapdeal's parent company, filed an Updated DRHP with SEBI on December 6 for an IPO.
• The IPO includes a fresh issue of Rs 300 crore and an offer-for-sale of 6.38 crore equity shares by existing shareholders.
• Funds from the fresh issue will be used for marketing (Rs 125 cr), technology infrastructure (Rs 55 cr), inorganic growth, and general corporate purposes.
• AceVector operates Snapdeal (e-commerce), Unicommerce (SaaS), and Stellaro Brands (consumer brands).
• The company reported a loss of Rs 29.7 crore and revenue of Rs 244.4 crore for the six months ended September 2025.

Why It Matters: Snapdeal parent AceVector's IPO filing creates new investment prospects.