AceVector is launching an IPO that includes a fresh share issue and an offer-for-sale (OFS) of 6.38 crore shares by existing shareholders. According to an updated draft red herring prospectus (UDRHP), major sellers in the OFS will be promoter Starfish I Pte Ltd and shareholders Nexus, Wonderful Star Pte Ltd, Kenneth Stuart Glass, Jason Ashok Kothari, Priyanka Shreevar Kheruka, Rupen Investment and Industries, and Centaurus Trading and Investments. While several investors will sell shares, AceVector's founders and promoters Kunal Bahl and Rohit Bansal, holding 23.56% together, will not participate in the OFS. However, Starfish, which owns 30.68% of the company, will sell part of its stake. AceVector intends to use IPO funds to enhance technology infrastructure, support Snapdeal's marketing and promotion, pursue acquisitions, and cover general corporate needs. Based in Gurugram, AceVector operates Snapdeal, a value-oriented lifestyle e-commerce marketplace. It also runs Unicommerce, an e-commerce enablement SaaS platform, and Stellaro Brands, focusing on omnichannel consumer brands. Financially, AceVector reported operating revenue of Rs 244 crore in the first half of FY26, a 34% increase from Rs 181 crore in the same period last year. During this period, the adjusted EBITDA loss narrowed sharply to Rs 9.2 crore from Rs 28 crore a year earlier. AceVector started its IPO process by filing confidential draft papers with SEBI in July and got approval in November. This confidential pre-filing allowed the company to delay public news about the IPO until later stages.