Snapdeal
LISTEDIPO Date: 25 Sept - 29 Sept 2026
Listing Date: 5 Oct 2026
Price Range
Rs.30 - Rs.32
Issue Size
420 Cr
Min Investment
₹14,040
Min Application
468 Shares
Schedule of Snapdeal
Issue open date
25 Sept 2026
Issue close date
29 Sept 2026
UPI mandate deadline
29 Sept 2026 (5 PM)
Allotment finalization
30 Sept 2026
Share credit
1 Oct 2026
Listing date
5 Oct 2026
Mandate end date
14 Oct 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 420 Cr |
| Fresh Issue | 287 Cr |
| Offer for Sale | 133 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 30 Sept 2026 |
| Allotment Link | {Link} |
Grey Market Premium
NewGrey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 5 Oct 2026Latest | ₹32 | ₹0 | ₹32(0%) |
| 4 Oct 2026 | ₹32 | ₹1 | ₹33(+3.12%) |
| 3 Oct 2026 | ₹32 | ₹1 | ₹33(+1.88%) |
| 2 Oct 2026 | ₹32 | ₹1 | ₹33(+1.88%) |
| 1 Oct 2026 | ₹32 | ₹1 | ₹33(+2.19%) |
| 30 Sept 2026 | ₹32 | ₹0 | ₹32(+1.56%) |
| 29 Sept 2026 | ₹32 | ₹1 | ₹33(+3.44%) |
| 28 Sept 2026 | ₹32 | ₹2 | ₹34(+5%) |
| 27 Sept 2026 | ₹32 | ₹1 | ₹33(+3.12%) |
| 26 Sept 2026 | ₹32 | ₹2 | ₹34(+6.25%) |
| 25 Sept 2026 | ₹32 | ₹2 | ₹34(+6.25%) |
| 24 Sept 2026 | ₹32 | ₹2 | ₹34(+6.25%) |
Performance Snapdeal
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.30 - Rs.32 | ₹ 28 (-11.5%) | ₹ 20.44 | -36.12% |
About Snapdeal
AceVector is a digital commerce company operating businesses across value e-commerce, e-commerce enablement software and consumer brands. Its businesses include Snapdeal, a value-focused e-commerce marketplace offering products across fashion, home and general merchandise, and beauty and personal care; Unicommerce, which provides SaaS products for managing e-commerce operations through its Uniware, Shipway, and Convertway platforms; and Stellaro Brands, a consumer brands business operating online channels and omnichannel retail stores. Unicommerce’s products cover order processing, inventory, warehouse and store management, shipping, logistics, and marketing automation. Stellaro Brands currently operates the Rangita women’s ethnic wear brand through online channels and 19 omnichannel single-brand retail stores. AceVector operates through its subsidiaries, including Unicommerce eSolutions Limited and Stellaro Brands Private Limited, and uses shared functions covering technology, finance, legal, human resources and other corporate activities.
| Founded in | 2007 |
| Managing director | Mr Kunal Bahl and Mr Rohit Kumar Bansal |
| Parent organization |
Financial Overview
Strengths
5- 1
Segment Leadership. Per the 1Lattice report (company-commissioned), Snapdeal is a top-two value marketplace and Unicommerce is the largest e-commerce SaaS.
- 2
Asset-Light Model. Snapdeal holds no inventory. Tech and fixed costs per delivered unit fell 65.22% to ₹28.99 between FY2024 and FY2026.
- 3
Repeat-Driven Growth. Delivered units rose to 25.98 million in FY2026 from 14.81 million in FY2024, with 82.91% from repeat customers.
- 4
Profitable SaaS Arm. Unicommerce revenue roughly doubled to ₹204.34 Crore in FY2026, with an Adjusted EBITDA margin of 20.20%.
- 5
In-House Technology. In FY2026, 72.69% of Snapdeal orders came through AI recommendations, without the customer typing a search.
Risks
5- 1
Continued Losses. Net losses were ₹45.51 Crore in FY2026 and ₹126.31 Crore in FY2025. Operating cash flow was negative in FY2024–FY2026.
- 2
Snapdeal Concentration. Snapdeal contributed 57.54% of revenue in FY2026. The company flags rising user-acquisition costs.
- 3
Unicommerce Control Risk. AceVector owns only 26.13% of Unicommerce. If it loses board control, it can no longer consolidate Unicommerce’s results.
- 4
Pending Litigation. Cases against the company total ₹61.11 Crore. Criminal complaints against promoters and a fraud complaint to SEBI are pending.
- 5
Courier Dependence. All deliveries rely on third-party logistics firms, whose operations, vehicles and staff the company does not control.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 3.42 |
| Non-Institutional Investors (NIIs) | 8.53 |
| Retail Individual Investors (RIIs) | 4.83 |
| Employee | N/A |
| Total | 5.07 |