Acevector IPO is a Mainboard issue open from 25–29 September. The company is raising ₹420 Cr at a price band of ₹30 to ₹32 per share. One lot is 468 shares.
Acevector IPO Review & Analysis
Our reading of the numbers below — growth rates, margins, pricing and demand are calculated from the company's own filed figures, not copied from anywhere.
Minimum retail investment
₹14,976
468 shares at the upper band of ₹32
Retail limit
13 lots
the most that fits under the ₹2 lakh retail cap
Funds blocked after close
~6 days
from the closing date to listing
Fresh issue share
68.3%
₹287 Cr of the ₹420 Cr issue
Revenue growth
+32.2%
31 Mar 2025 → 31 Mar 2026
Profit growth
+64%
PAT ₹-126.31 Cr → ₹-45.51 Cr
Net profit margin
-8.5%
was -31.1% in 31 Mar 2025
Peer listing record
3 of 3 listed above issue price
median listing move +32.2%
GMP-implied listing gain
+6.3%
₹2 premium on a ₹32 issue price
Promoter holding
65.9% → 49.96%
diluted by 15.9 percentage points
Acevector is a mainboard issue raising ₹420 Cr, offered in a band of ₹30–₹32 per share. At the upper end that is 32 times the ₹1 face value, so ₹31 of every share subscribed is share premium rather than capital.
A retail application for Acevector needs one lot of 468 shares, which works out to ₹14,976 at the upper band of ₹32. That is close to the ₹15,000 ceiling SEBI expects for a single retail lot, so an investor applying at cut-off is committing nearly the full retail limit per application. Retail applications are capped at ₹2,00,000, which here is 13 lots; bidding above that moves the application into the non-institutional category, and the large-HNI bucket begins at ₹10,00,000, or about 67 lots.
For Acevector, bidding runs 25-29 Sep, allotment is finalised on 30 Sep 2026, the shares list on 5 Oct 2026. Applications that do not receive an allotment have their UPI mandate released around 1 day after the issue closes. Counting from the close of bidding, money stays blocked for roughly 6 days before listing decides what the holding is worth.
The issue is reserved 75% to qualified institutional buyers, 15% to non-institutional investors, 10% to retail. At 10%, the retail portion is on the narrower side, so retail allotment turns into a lottery quickly once the book fills. An oversubscribed retail portion is not allotted in proportion to the amount applied for: applications are reduced to single lots and drawn by lot, so several small applications from different PANs are more effective than one large one.
The issue splits into ₹287 Cr of fresh capital (68.3%) and ₹133 Cr as an offer for sale. The company keeps the fresh portion for the objects of the issue, while the rest is existing shareholders monetising their stake.
Revenue moved from ₹406.77 Cr in 31 Mar 2025 to ₹537.67 Cr in 31 Mar 2026 (+32.2%), while profit after tax went from ₹-126.31 Cr to ₹-45.51 Cr (+64%). Profit grew faster than revenue, which points to operating leverage or a better cost mix rather than growth bought purely through volume.
Recently listed companies in the same space trade at a median price-to-earnings ratio of about 29.4. Comparing that with the multiple implied by this issue's ₹30–₹32 band is a more useful test of pricing than looking at the grey market premium alone.
MUFG Intime India Pvt.Ltd. is the registrar for this issue, which means the allotment status for Acevector is published on their portal from 30 Sep 2026. A PAN, application number or demat client ID is enough to look it up; the credited shares also appear in the demat account itself a day or so before listing.
A grey market premium of ₹2 on the upper band of ₹32 implies a listing gain of roughly 6.3%. The grey market is unofficial and unregulated, the premium can change daily, and it has no bearing on allotment — treat it as a sentiment reading, not a forecast.
What looks good
- Profit is growing faster than revenue, suggesting improving operating efficiency.
What to watch
- Net margin is thin at -8.5%, leaving little cushion if costs rise.
- Promoter holding falls to 49.96% after the issue, below majority control.
The figures above are worked out from the issue's own filed numbers and are for information only. They are not investment advice — read the RHP before you apply.
What is Acevector IPO?
Acevector IPO is a Mainboard issue open from 25–29 September. The company is raising ₹420 Cr at a price band of ₹30 to ₹32 per share. One lot is 468 shares.
When does Acevector IPO open and close?
The issue is open 25–29 September. Bids must be placed, and any UPI mandate approved, before the cut-off on the closing day.
What is the Acevector IPO price band?
The price band is ₹30 to ₹32 per equity share, against a face value of ₹1. Retail investors may bid at cut-off, meaning they accept the final discovered price within this band.
What is the Acevector IPO lot size?
The minimum application is 468 shares, and bids must be in multiples of that lot.
What is the Acevector IPO issue size?
The total issue size is ₹420 Cr.
How is Acevector IPO reserved between investor categories?
The issue is reserved as retail 10%, QIB 75%, HNI 15%. If the retail portion is oversubscribed, allotment there is decided by a lottery on lot-sized applications rather than in proportion to the amount applied for.
When is the Acevector IPO allotment date?
Basis of allotment is expected to be finalised on 30 Sep 2026. You can check your status on the registrar's website (MUFG Intime India Pvt.Ltd.) using your PAN.
When does Acevector IPO list?
Listing is expected on 5 Oct 2026, following the T+3 timeline that applies to Indian IPOs.
