The brief
- AceVector’s IPO was subscribed 23%
- Bids covered 1.72 crore shares against 7.42 crore shares on offer
- The subscription level offers prospective AceVector IPO investors an early read on demand
- Orient Cables leads four IPOs with a reported 33% grey-market premium
- Acevector IPO: Analysts assign 'avoid' tag amid stiff competition, losses
- Snapdeal parent AceVector raises ₹189 crore from anchors ahead of ₹420-crore IPO