AceVector files RHP for Rs 287 Cr fresh issue, turns free cash flow positive in FY26

•AceVector files RHP with SEBI for a Rs 287 Cr fresh issue and an offer for sale by existing shareholders.

•The IPO will raise Rs 287 Cr, with existing shareholders selling up to 4.12 Cr shares, including Starfish I Pte. Ltd. and Nexus entities.

•AceVector turned free cash flow positive in FY26, generating Rs 10.82 Cr in adjusted free cash flow from operations.

•The IPO will open on September 25, with proceeds to strengthen Snapdeal's technology infrastructure and pursue growth opportunities.