JSA Advocates and Solicitors acted as the Indian legal counsel on the Initial Public Offering (IPO) of AceVector Limited, advising the book running lead managers, IIFL Capital Services Limited and CLSA India Private Limited. The IPO comprises a fresh issue of up to ₹3,000 million and an offer for sale of up to 63,870,763 equity shares of face value ₹1 each by certain existing shareholders.
AceVector operates a diversified digital commerce ecosystem comprising Snapdeal, a value-focused lifestyle e-commerce marketplace; Unicommerce, an e-commerce enablement SaaS platform; and Stellaro Brands, an omnichannel consumer brands retailing business.
AceVector filed its Updated Draft Red Herring Prospectus-I with SEBI and the stock exchanges on 6 December 2025.
The transaction was led by Partner Madhurima Mukherjee Saha, with support from the Equity Capital Markets team comprising Partner Sagar Batra, Senior Associate Bhavini Mohan and Associates Aryaman Singh, Nidhi Prakriti, Shivani Agrawal, and Badal Singh.
Madhurima has more than 20 years of experience in securities offerings in the domestic and international markets including initial public offering, further offers, rights offer, qualified institutions placement, InVITs, block trades.