GMP IPO Watch
Snapdeal IPO
Snapdeal IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Snapdeal IPO Details
Key facts at a glance| IPO Open Date | 24 September 2026 | IPO Close Date | 28 September 2026 |
|---|---|---|---|
| Basis of Allotment | 29 September 2026 | Listing Date | 4 October 2026 |
| Price Band | ₹30 - ₹32 per share | Face Value | ₹10 per share |
| Market Lot Size | 468 Shares | Min Investment (Retail) | ₹14,976 |
| Total Issue Size | ₹420 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | ₹287 Cr | Offer for Sale (OFS) | ₹133 Cr |
| Listing At | BSE, NSE | Issue Category | Mainboard Issue |
| Registrar | TBA | ||
Snapdeal IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 24 September 2026 | Confirmed |
| IPO Close Date | 28 September 2026 | Confirmed |
| Basis of Allotment | 29 September 2026 | Tentative |
| Initiation of Refunds | 1 October 2026 | Tentative |
| Credit of Shares to Demat | 1 October 2026 | Tentative |
| IPO Listing Date | 4 October 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 29 September 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Snapdeal IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 468 Shares | ₹14,976 |
| Retail (Max) | 13 Lots | 6,084 Shares | ₹1,94,688 |
| S-HNI (Min) | 14 Lots | 6,552 Shares | ₹2,09,664 |
| S-HNI (Max) | 66 Lots | 30,888 Shares | ₹9,88,416 |
| B-HNI (Min) | 67 Lots | 31,356 Shares | ₹10,03,392 |
Snapdeal IPO Live GMP & Movement History
Daily unofficial grey market trends₹-3.68 -11.5%
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 5 Oct 2026 | ₹1 | ₹33.00 | +3.12% |
| 3 Oct 2026 | ₹1 | ₹33.00 | +3.12% |
| 2 Oct 2026 | ₹1 | ₹33.00 | +3.12% |
| 1 Oct 2026 | ₹1 | ₹33.00 | +3.12% |
| 30 Sept 2026 | ₹2 | ₹34.00 | +6.25% |
| 29 Sept 2026 | ₹2 | ₹34.00 | +6.25% |
| 28 Sept 2026 | ₹2 | ₹34.00 | +6.25% |
| 26 Sept 2026 | ₹2 | ₹34.00 | +6.25% |
| 25 Sept 2026 | ₹2 | ₹34.00 | +6.25% |
| 24 Sept 2026 | ₹1.5 | ₹33.50 | +4.69% |
Snapdeal IPO Subscription Status
Demand breakdown by investor categorySnapdeal Company Financials
Restated figures (₹ in Crores)| Period | Total Assets | Total Revenue | Total Expenses | Profit After Tax (PAT) |
|---|---|---|---|---|
| 2024 | 410.50 Cr. | 384.74 Cr. | 427.67 Cr. | 51.30 Cr. |
| 2025 | 558.09 Cr. | 406.77 Cr. | 453.75 Cr. | 126.31 Cr. |
| 2026 | 575.28 Cr. | 537.67 Cr. | 575.22 Cr. | 45.51 Cr. |
* Amounts reported in ₹ Crores as sourced from company regulatory filings (RHP/DRHP).
Snapdeal IPO Valuation & KPIs
Key metrics pre-issueSnapdeal Peer Group Comparison
Listed industry peers| Company Name | P/E | EPS (₹) | RoNW (%) | NAV (₹) | Total Income |
|---|---|---|---|---|---|
| FSN E-Commerce Ventures Limited | 462.50 | 0.70 | 13.87% | 5.00 | 10,022.35 Cr. |
| Brainbees Solutions Limited | NA | (2.90) | (2.91%) | 90.71 | 8,547.94 Cr. |
| Meesho Limited | NA | (3.11) | (30.95%) | 9.25 | 12,626.35 Cr. |
About Snapdeal
AceVector (formerly Snapdeal Limited) runs three online businesses. Snapdeal is a budget shopping marketplace. It holds no stock of its own and earns marketing, advertising and delivery fees from sellers. Unicommerce, a listed subsidiary, sells subscription software that helps online sellers manage orders, inventory and shipping. Stellaro Brands sells its own ethnic wear brand, Rangita. In FY2026, AceVector’s revenue was ₹510.38 Crore, with Snapdeal contributing 57.54% and Unicommerce 40.04%. That year, Snapdeal delivered 25.98 million units across 18,972 pin codes, and Unicommerce served 8,261 clients. The company’s key moat is a zero-inventory model aimed at value shoppers in smaller cities, with courier and cloud costs shared across its businesses. Listed peers named in the RHP are Nykaa, FirstCry and Meesho. The company was founded in 2007 by Kunal Bahl and Rohit Kumar Bansal. They are its promoters along with SoftBank’s Starfish I Pte. Ltd., and together they hold 53.24% before the offer. Other pre-IPO investors include Nexus, eBay and Dunearn.
Snapdeal IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 25 Sept 2026 |
| IPO Close Date | 29 Sept 2026 |
| Basis of Allotment | 30 Sept 2026 |
| Refunds | 01 Oct 2026 |
| Credit to Demat Account | 01 Oct 2026 |
| IPO Listing Date | 05 Oct 2026 |
Note: The timeline for স্নেপডিল IPO is tentative and subject to change.
Snapdeal Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Purpose | INR crores (%) |
| Marketing and business promotion expense of Marketplace | 132 (45.99%) |
| Technology infrastructure costs of Marketplace | 50 (17.42%) |
| General corporate purposes | 105 (36.59%) |
Note: Objectives are as specified in the DRHP/RHP documents of স্নেপডিল.
Snapdeal Company Financial Report
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 384.74 Cr. | 427.67 Cr. | 51.30 Cr. | 410.50 Cr. |
| 2025 | 406.77 Cr. | 453.75 Cr. | 126.31 Cr. | 558.09 Cr. |
| 2026 | 537.67 Cr. | 575.22 Cr. | 45.51 Cr. | 575.28 Cr. |
Note: Financial numbers for স্নেপডিল are in ₹ Crores unless stated otherwise.
Snapdeal Company Valuation & Key Performance Indicators
| KPI | Values |
|---|---|
| ROE | -% |
| ROCE | -% |
| EBITDA Margin | -% |
| PAT Margin | -% |
| Debt to Equity Ratio | – |
| Earning Per Share (EPS) | (1.32) (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | (59.54%) |
| Net Asset Value (NAV) | 2.21 |
Note: Valuation KPIs for স্নেপডিল are computed for FY2026.
Snapdeal Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| FSN E-Commerce Ventures Limited | 0.70 | 462.50 | 13.87% | 5.00 | 10,022.35 Cr. |
| Brainbees Solutions Limited | (2.90) | NA | (2.91%) | 90.71 | 8,547.94 Cr. |
| Meesho Limited | (3.11) | NA | (30.95%) | 9.25 | 12,626.35 Cr. |
Note: Peer group comparisons for স্নেপডিল are sourced from DRHP filings.
Snapdeal IPO FAQs
Snapdeal IPO opens for subscription on 24 September 2026 and closes on 28 September 2026.
The price band for Snapdeal IPO is set at ₹30.00 to ₹32.00 per share.
The minimum market lot size is 468 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 468 Shares (₹14,976).
The latest Grey Market Premium (GMP) for Snapdeal IPO is ₹-3.68. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Snapdeal IPO is tentatively scheduled for 29 September 2026, and shares are expected to list on the stock exchanges on 4 October 2026.
The registrar details will be confirmed in the official prospectus.