SEBI clears Snapdeal parent AceVector's IPO; Silver Consumers, Steel Infra also greenlit

SEBI has approved IPO plans for AceVector (Snapdeal's parent), Silver Consumers Electricals and Steel Infra Solutions, paving the way for launches within a year. AceVector used the confidential pre-filing route, giving Snapdeal added flexibility on timing and pricing as it returns to public-market plans.

— Filed Sat, 27 Jun, 2026, 19:51 IST · Source Moneycontrol · Results · Updated

SEBI cleared IPO plans of Snapdeal parent AceVector (pre-filed DRHP), Silver Consumers Electricals and Steel Infra Solutions, allowing launches within a year. AceVector's confidential pre-filing route gives Snapdeal added flexibility on timing and pricing.

Why this matters

AceVector's SEBI nod revives Snapdeal's long-stalled IPO journey after it withdrew its 2021 DRHP amid weak market conditions. The confidential filing route signals caution on timing.

Retail-company signals steady at 3,923 in last 90 days, reflecting sustained corporate activity.

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