About Snapdeal Parent Company AceVector and its IPO Details

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About Snapdeal Parent Company AceVector and its IPO Details

Snapdeal is a popular e-commerce platform that focuses on value-based shopping. It is a go-to platform for the budget-conscious shoppers in India as it offers a wide selection of affordable fashion, home goods and general merchandise. The parent company of Snapdeal is AceVector, founded by Kunal Bahl and Rohit Bansal. 

Recently, this company received a nod from SEBI for IPO. If you are an investor and would like to know about AceVector Company and IPO details, then we recommend you to read this blog post!

AceVector Company Details

The AceVector company is the parent company of Snapdeal. It is based in Gurugram, India. AceVector founders are Kunal Bahl and Rohit Bansal. They founded the company in 2007. Apart from Snapdeal, AceVector operates other businesses as well. In Unicommerce, a software based ecommerce enablement platform, AceVector holds more than 28 percent stake. 

Additionally, it runs Stellaro Brands, which manages a portfolio of consumer labels like fashion brands Rangita and The Souled Store. For FY24, AceVector posted revenue of about Rs. 380 crore and an adjusted EBITDA loss of Rs. 16 crore. Its FY25 numbers are yet to be released. 

Snapdeal, previously a leading horizontal marketplace, has shifted its focus to value-conscious buyers, with more than 80% of its orders under Rs. 599. The platform also saw festive season sales jump by 60% during September - October 2025.

AceVector Founder Details

As mentioned earlier, the founders of AceVector are Kunal Bahl and Rohit Bansal. Their details are provided below:-

1. Kunal Bahl

The details of Kunal Bahl are provided below:-

2. Rohit Bansal

The details of Rohit Bansal are provided below:-

AceVector IPO Details

The Securities and Exchange Board of India (SEBI) had issued observations on the draft red herring prospectus document of AceVector on 11 November 2025. The issuance of observation letter on draft papers implies that the company can launch its IPO within the next one year. AceVector had filed the draft document with the SEBI in July 2025 via confidential route. Under this route, the company can keep details of its draft red herring prospectus private until later stages. 

A company that submits its draft offer document through the confidential filing route will have an 18-month window to proceed with its IPO. Within this period, it must file an updated Draft Red Herring Prospectus (DRHP) within 16 months to continue with its IPO plans, followed by filing the Red Herring Prospectus (RHP) with the Registrar of Companies (RoC) before launching the IPO.

According to sources available online, IIFL and CLSA are working with the AceVector company as the book running lead managers for the AceVector IPO. As of now, there is no official notification regarding AceVector IPO launch date, AceVector allotment date, AceVector IPO subscription date, AceVector IPO listing date, etc. Once we have all the details, we will update this post. 

Conclusion

AceVector is the parent company of Snapdeal. It also has a 28% stake in Unicommerce. It was founded by two school friends, namely, Kunal Bahl and Rohit Bahl, in 2007. The AceVector company has finally received a nod from SEBI for the AceVector Limited IPO. The investors can expect the AceVector IPO soon.

Do you own a company and want to launch your company’s IPO? If yes, then connect with our IPO consultants at Registrationwala for professional advice and comprehensive support.

Frequently Asked Questions (FAQs)

Q1. What is AceVector?

A. It is the parent company of Snapdeal. It also owns 28% stake in Unicommerce, which is a software based ecommerce enablement platform. 

Q2. Who is AceVector founder?

A. There are two AceVector founders:- Kunal Bahl and Rohit Bansal. They are school friends, and together, they founded the company in 2007.

Q3. What is AceVector IPO date?

A. As of now, there is no confirmed date for the launch of AceVector IPO.

Q4. What is AceVector IPO allotment date?

A. As of now, the allotment date for this IPO has not been announced.

Q5. What is AceVector IPO listing date?

A. The listing date for the IPO of AceVector has not been announced yet.

Q6. What is AceVector IPO price brand?

A. This information has not been announced yet.

Q7. What is AceVector IPO size?

A. It hasn’t been announced yet. 

Q8. Where is the corporate office of AceVector?

A. The corporate office of AceVector is located in Gurugram, Haryana, India. Its address is: 3rd Floor, North Tower and Part of South Tower, M3M Urbana Business Park, Gurjar Samrat Mihir Bhoj Road, SRL Diagnostics, Sector 67, Gurugram, Haryana, 122102.

Disclaimer: We have tried our best to provide accurate and up-to-date information in this article. However, we cannot guarantee the information’s completeness/accuracy. This content is meant for informational purposes only and should not be considered by anyone as financial advice. Please do your own research or consult a professional before making any investment decisions. We are not responsible for any losses you may incur. Invest at your own risk. 

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