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Acevector Shares Plummet 11.5% in Disappointing Trading Debut
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News18•05-10-2026, 12:15
Acevector Shares Plummet 11.5% in Disappointing Trading Debut
- •Acevector Ltd, backed by SoftBank, saw its shares list at an 11.5% discount from the issue price of Rs 32.
- •The shares debuted at Rs 28.30 on BSE and Rs 28.32 on NSE, marking a significant decline.
- •The company's market valuation stood at Rs 1,394.75 crore following the debut.
- •Acevector's Rs 420-crore IPO was subscribed 4.93 times, with a price band of Rs 30-32 per share.
- •The company operates Snapdeal, Unicommerce, and Stellaro Brands within its digital commerce ecosystem.
Key Questions Answered
Acevector shares made their debut at Rs 28.30 on the BSE and Rs 28.32 on the NSE, reflecting a discount of 11.5 per cent from the issue price of Rs 32.00.
The initial public offering of AceVector Ltd was subscribed 4.93 times by the final day of bidding on Tuesday.
The Rs 420-crore IPO featured a price band of Rs 30 to Rs 32 per share, consisting of a fresh issue worth Rs 287 crore and an offer-for-sale of 4.16 crore shares aggregating to Rs 133 crore.
