• IPO details and structure: AceVector's ₹420 crore IPO is priced between ₹30 and ₹32 per share, comprising a ₹287 crore fresh issue and a ₹133 crore Offer for Sale, resulting in a market capitalization of ₹1,741 crore at the upper band with zero founder dilution.
• Snapdeal repositioning: Snapdeal has shifted focus to value fashion for Gen Z customers in smaller towns with ₹300 to ₹900 price points, generating ₹1,093 crore in net merchandise value across 2.6 crore delivered orders and 1.22 crore unique customers in FY26.
• IPO proceeds deployment: The ₹287 crore raised through the fresh issue will be utilized specifically for marketing to accelerate customer acquisition and for ongoing investments in technology and AI.
• Profitability and cash flow: AceVector delivered over 29% revenue growth in FY26 and achieved adjusted free cash flow positivity, with management projecting standalone EBITDA positivity as order volumes scale against a relatively stable fixed cost base.