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AceVector Shares Plunge 18.5 Percent In Weak Market Debut
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News18•05-10-2026, 19:00
AceVector Shares Plunge 18.5 Percent In Weak Market Debut
- •SoftBank-backed AceVector Ltd shares ended their trading debut with an 18.5 percent discount from the issue price of Rs 32.
- •The stock debuted at Rs 28.30 on the BSE, marking an 11.56 percent decline, and eventually closed at Rs 26.10.
- •On the NSE, the shares opened at Rs 28.32 and settled at Rs 26.08, registering an 18.5 percent drop.
- •The company's initial public offering was subscribed 4.93 times and raised Rs 420 crore with a price band of Rs 30-32 per share.
- •AceVector operates digital commerce platforms including Snapdeal, Unicommerce, and Stellaro Brands.
Key Questions Answered
AceVector shares ended with a discount of 18.5 per cent from the issue price of Rs 32 on their trading debut. The stock opened at Rs 28.30 on the BSE and Rs 28.32 on the NSE before closing lower.
The initial public offering of AceVector Ltd was subscribed 4.93 times by the final day of bidding on Tuesday.
AceVector operates an asset-light digital commerce ecosystem that includes Snapdeal, a value-focused lifestyle e-commerce marketplace; Unicommerce, an e-commerce enablement SaaS platform; and Stellaro Brands, an omnichannel consumer brands retailing business.
