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StartupFoxBetaArchiveMonday 5 October 2026 · Vol. I · No. 36
Vol. I · No. 36Beta

StartupFox

The Daily Edition of Startup Intelligence
Monday 5 October 20265 reports25 min read

AceVector, the parent of Snapdeal, listed at a discount on Monday, with shares opening at ₹28.32 on the NSE against an issue price of ₹32, a fall of 11.5 per cent. On the BSE they opened at ₹28.30, down 11.56 per cent.

The debut followed a ₹420 crore issue subscribed about 5.07 times across three days of bidding. Non-institutional investors led at 8.53 times, retail came in at 4.83 times and qualified institutional buyers excluding anchors at 3.42 times.

The offer comprised a ₹287 crore fresh issue and ₹133 crore offer for sale at a price band of ₹30 to ₹32. SoftBank, Nexus Venture Partners and other existing investors sold part of their holdings. Co-founders Kunal Bahl and Rohit Bansal sold nothing.

Front Page · Page 1 of 3
FundingPage 2 · 5 Oct 2026
By the Numbers
  • ₹28.32 vs ₹32Listing Price vs Issue Price
  • 11.5%Discount
  • 5.07xSubscription
Funding · Page 2 of 3

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End of the 5 Oct 2026 edition
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5 reports filed for Monday 5 October 2026, compiled from company statements, registry filings and StartupFox reporting. Figures marked reported were not confirmed by the companies named.

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