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IPO● Neutral for Indian equities
AceVector IPO: SoftBank Pockets ₹88 Cr, Most Selling Shareholders Book Losses
The brief
- SoftBank received ₹88 cr from the AceVector IPO
- The IPO gave early investors and promoters an exit; most selling shareholders booked losses
- The IPO outcome offers a valuation signal for Indian startup investors and public-market entrants