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AceVector raises Rs 189 crore from anchors ahead of Rs 420 crore IPO

AceVector, parent of Snapdeal, Unicommerce and Stellaro Brands, raised Rs 189 crore from anchor investors before its Rs 420 crore IPO. Fresh proceeds will fund Snapdeal marketing, technology infrastructure, acquisitions and general corporate purposes.

AceVector raised ₹189 crore from anchors ahead of its ₹420 crore IPO
  • IPO size, opening after the anchor round₹420 crore
  • Raised from anchor investors before the IPO₹189 crore

Reported figures

From the report. Source details below

5.91 crore shares allotted to 14 anchor investors
4.16 crore shares OFS worth about Rs 133 crore
FY26 operating revenue Rs 510.38 crore, up 29% year-on-year
FY25 operating revenue Rs 395.02 crore
FY26 adjusted EBITDA loss Rs 15.94 crore
FY25 adjusted EBITDA loss Rs 39.16 crore

Also in the report

  • Rs 32 per share anchor allotment price
  • Rs 30-32 per share IPO price band
  • Rs 1,741 crore valuation at upper price band

Other figures

  • Rs 287 crore fresh issue

The source

Source Read the source at Entrackr

Published

Confirmed by Inc42

First seen