AceVector opened at ₹28.32 on the NSE, 11.5% below its ₹32 issue price, after a 5.07× subscription multiple that lifted ₹420 crore at the upper end of its ₹30‑₹32 band.
Retail investors bid 4.83×, QIBs 3.42×, while non‑institutional buyers snapped up 8.53×, underscoring robust demand for the digital‑commerce platform.
The post‑issue market cap sits at ₹1,540.05 crore, aligning with valuations of comparable e‑commerce peers, yet the discount at opening hints at a cautious market mood.
FY26 net loss narrowed to ₹60.7 crore from ₹139.2 crore, while revenue climbed 29.2% to ₹510.4 crore, signalling operational improvement amid a tough retail backdrop.
The ₹132 crore fresh‑issue proceeds are earmarked for marketing and ₹50 crore for technology infrastructure, reflecting the company’s focus on scaling its marketplace ecosystem.
Looking ahead, AceVector’s next board meeting will determine further capital allocation, and the firm is targeting a 2027 EBITDA turnaround as it expands its digital commerce footprint.