AceVector is coming to the stock exchanges for trading via IPO, which includes a fresh issue of ₹300 crore and an offer for sale (OFS) of 63.8 million shares by existing investors.
The company chose to file its IPO documents confidentially.
The IPO money deployment
AceVector plans to use the money it raises for marketing and business promotion, strengthening the technology infrastructure of its marketplace operations, and pursuing inorganic growth opportunities through acquisitions.
AceVector’s main backers are SoftBank and its cofounders, Kunal Bahl and Rohit Bansal.
SoftBank owns about 30% of AceVector, and Bahl and Bansal together hold around 34%.
Other important investors include Nexus Venture Partners (over 9%) and global names like eBay, Foxconn, Temasek, Premji Invest, and RNT Associates.
It bought Unicommerce back in 2015, and more recently acquired Shipway and Convertway to expand its ecommerce capabilities.
AceVector has grown by making acquisitions.
In 2015, AceVector purchased Unicommerce, a SaaS platform for ecommerce operations, and more recently, it went on to acquire Shipway and Convertway.
AceVector IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | To be Updated Soon |
AceVector Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2023 | ₹388.13 | ₹671.10 | ₹267.53 |
| 2024 | ₹384.74 | ₹427.67 | ₹51.30 |
| 2025 | ₹406.77 | ₹453.75 | ₹125.94 |
| September 2025 | ₹251.91 | ₹271.10 | ₹22.46 |
AceVector IPO Valuation – FY2025
AceVector IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹(3.04) (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | (100.25%) |
| Net Asset Value (NAV): | ₹3.03 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| FSN E-Commerce Ventures Limited | 0.23 | 1,178.96 | 5.08% | 4.55 | 7,949.82 Cr. |
| Brainbees Solutions Limited | (4.11) | NA | (4.04%) | 91.00 | 7,659.61 Cr. |
Objects of the Issue
- Funding a portion of the marketing and business promotion expense of the Marketplace business of our Company
- Funding the technology infrastructure costs of the Marketplace business of our Company
- Funding inorganic growth through acquisitions and general corporate purposes
IPO Lead Managers aka Merchant Bankers
- IIFL Capital Services Limited
- CLSA India Private Limited
