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IPO● Neutral for Indian equities
Snapdeal Ready For D-Street, Soulfull Cofounder’s New Venture & More
The brief
- AceVector’s ₹420 Cr IPO closed with 4.93X oversubscription
- A successful listing could lift sentiment around Indian startup IPOs
- Orient Cables leads demand among four IPOs scheduled to list October 5
- AceVector IPO subscribed 64% so far on Day 2; retail portion fully booked
- AceVector IPO subscribed 96% on second day of bidding
- Acevector IPO: Analysts assign 'avoid' tag amid stiff competition, losses
- Snapdeal parent AceVector raises ₹189 crore from anchors ahead of ₹420-crore IPO