Snapdeal Parent AceVector Lists at 11.6% Discount on BSE

5 Oct 2026, 10:08 am · 5h ago · 1 min read · Inc42

Amount

₹420 Cr

Stage

IPO

Snapdeal parent company AceVector made a weak stock market debut, listing at ₹28.30 on the BSE, an 11.6% discount against its issue price of ₹32 per share. On the NSE, shares debuted at ₹28.32. At listing, AceVector stood at a market capitalisation of ₹1,540.1 crore, falling from its ₹1,741.4 crore IPO valuation. The ₹420 crore public issue, which was oversubscribed 4.93 times, included a fresh issue of ₹287 crore and an OFS worth ₹133 crore. SoftBank recovered just 0.08X on selling shares worth ₹88.3 crore, while early angel investor Kenneth Stuart Glass booked 5.4X returns.