AceVector’s IPO closed 5.07X subscribed, with 36.61 Cr shares bid against 7.22 Cr on offer. Its Rs 287 Cr fresh issue will support marketing, tech and acquisitions.
theceo.in/newsletter #AceVector #IPO

AceVector’s IPO closed 5.07X subscribed, with 36.61 Cr shares bid against 7.22 Cr on offer. Its Rs 287 Cr fresh issue will support marketing, tech and acquisitions.
theceo.in/newsletter #AceVector #IPO
Snapdeal parent AceVector nets ₹189 Cr from anchor investors at ₹32 per share ahead of its ₹420 Cr IPO opening on Sept 25. Negen Undiscovered Value Fund invested ₹39.99 Cr. https://www.theceo.in/newsletter #acevector #ipo #markets
Snapdeal parent AceVector files RHP with SEBI. IPO opens Sept 25, closes Sept 29. Fresh issue trimmed to ₹287 Cr; OFS reduced to 4.16 Cr shares. SoftBank and Nexus Venture Partners participating.