AceVector IPO Day 2: Subscription Status on 28 September 2026
- September 28, 2026
- Posted by: Harsh Piplani
- Category: IPO
AceVector IPO Day 2, 28 Sep 2026. Subscribed 0.23x at Day 1 close. Price band Rs 30-32. Snapdeal parent raising Rs 420cr. Closes 29 Sep.
Quick Answer
The AceVector IPO is on Day 2 of bidding on 28 September 2026, after a slow opening day. The AceVector IPO closed Day 1 subscribed 0.23 times overall, with retail at 0.65 times and NII at 0.44 times while QIB, excluding anchors, had not yet placed bids at the last category reading. Bidding remains open until 29 September 2026, and investors should track the live category wise numbers on NSE and BSE through the day.
The AceVector IPO has entered Day 2 of its bidding window, which opened on 25 September 2026 and closes on 29 September 2026. AceVector Limited, the parent company of Snapdeal, is raising about Rs 420 crore through a combination of fresh issue and offer for sale, and the shares are proposed to list on both NSE and BSE. The latest full session data available is Friday, 25 September 2026, with the weekend in between.
Day 1 bidding for the issue closed with the issue subscribed 0.23 times overall, a slow start for an issue that reserves 75 percent for qualified institutional buyers. With QIB bids, excluding anchors, yet to appear in the last category reading and retail at 0.65 times, the book leans on institutional demand over the remaining sessions before the 29 September close.
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AceVector IPO Details
The table below sets out the key parameters of the issue.
| Open Date | 25 September 2026 |
| Close Date | 29 September 2026 |
| Face Value | Rs 1 per share |
| Price Band | Rs 30 to Rs 32 per share |
| Lot Size | 468 shares |
| Issue Size | About Rs 420 crore |
| Issue Type | Book Built Issue |
| Listing At | NSE and BSE |
| Allotment Date | 30 September 2026 |
| Listing Date | 5 October 2026 |
AceVector IPO Subscription Status Day 2
Bidding for the issue is updated through the trading session on NSE and BSE. The table below shows the position at the close of Day 1 along with the figure recorded so far on Day 2.
| Investor Category | Subscription at Day 1 Close (25 Sep, 3:15 PM) | Subscription So Far (Day 2, 28 Sep) |
|---|---|---|
| Qualified Institutional Buyers (QIB) | 0.00 times | Updating |
| Non-Institutional Investors (NII) | 0.44 times | Updating |
| Retail Individual Investors | 0.65 times | Updating |
| Overall | 0.23 times | Updating through the session |
Category figures shown are from the 3:15 PM reading on Day 1, while the overall figure is the Day 1 close. Investors should treat the Day 2 figures as provisional since bidding remains open until the 29 September close.
Track Subscription Status for the issue on the Univest Screener
How to Apply for the AceVector IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 30 to Rs 32 band, in multiples of 468 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 29 September.
Download the Univest iOS App or Univest Android App to apply for the issue before the 29 September close.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Conclusion
The issue made a slow start, closing Day 1 at 0.23 times overall, with the heavy QIB allocation leaving the final outcome dependent on institutional bids before the 29 September close. Investors considering the issue should review the company financials and risk factors in the RHP on nseindia.com and bseindia.com, and apply only after independent due diligence.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the AceVector IPO subscription status on Day 2?
Ans. The issue closed Day 1 subscribed 0.23 times overall, with retail at 0.65 times and NII at 0.44 times while QIB, excluding anchors, had not yet placed bids at the last category reading, and figures for Day 2, 28 September 2026, are updating through today’s session on NSE and BSE.
When does the AceVector IPO close?
Ans. The issue closes for subscription on 29 September 2026, having opened on 25 September 2026.
What is the AceVector IPO price band and lot size?
Ans. The issue price band is Rs 30 to Rs 32 per share, with a lot size of 468 shares, taking the minimum retail investment to about Rs 14,976 at the upper band.
Which category led the AceVector IPO on Day 1?
Ans. Retail investors led the issue at the last Day 1 category reading, at 0.65 times, ahead of NII at 0.44 times, while QIB, excluding anchors, had not yet placed bids.
What is the AceVector IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
How do I apply for the AceVector IPO before it closes?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, enter your bid quantity and price within the Rs 30 to Rs 32 band, in multiples of 468 shares, then approving the UPI mandate before the daily cut off.
When will the AceVector IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 30 September 2026, with listing on both NSE and BSE tentatively scheduled for 5 October 2026.
What does AceVector Limited do?
Ans. AceVector Limited, the parent company of Snapdeal, operates an asset-light digital commerce ecosystem spanning the Snapdeal marketplace, the Unicommerce e-commerce SaaS platform and the Stellaro Brands consumer business.
