AceVector (Snapdeal parent) files for mega IPO; big investors to sell stakes.

Share market
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CNBC Awaaz•07-12-2025, 12:50
AceVector (Snapdeal parent) files for mega IPO; big investors to sell stakes.
- •Snapdeal's parent company, AceVector, has filed an updated Draft Red Herring Prospectus (DRHP) with SEBI for its IPO.
- •The IPO includes a fresh issue of ₹300 crore and an Offer For Sale (OFS) of up to 63.8 million equity shares, with existing investors selling stakes.
- •AceVector operates digital commerce platforms Snapdeal, Unicommerce, and Stellaro Brands.
- •Funds from the IPO are earmarked for marketing (₹125 crore), technology infrastructure (₹55 crore), inorganic growth, and corporate needs.
- •The company reported a loss of ₹29.7 crore and revenue of ₹244.4 crore for the six months ending September 2025.
Why It Matters: This IPO offers a chance to invest in a major e-commerce company.
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