AceVector files RHP for Rs 287 Cr fresh issue in IPO
AceVector, parent of Snapdeal and Unicommerce, has filed its RHP with SEBI for an IPO featuring a Rs 287 crore fresh issue and an offer for sale of up to 4.12 crore shares. FY26 revenue rose 29% to Rs 510.38 crore and free cash flow turned positive.
- Fresh issue in the IPO is Rs 287 crore
- OFS covers up to 4.12 crore shares; Starfish I Pte. Ltd. offers 2.76 crore
- FY26 revenue grew 29% to Rs 510.38 crore
- Adjusted EBITDA loss narrowed 59% to Rs 15.94 crore
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