AceVector IPO
Snapdeal parent AceVector raised ₹189 crore from anchor investors ahead of its IPO, which aims to raise ₹420 crore at the top of the price band. Analysts assigned an Avoid rating, citing stiff competition and losses.
Timeline
Friday, 25 September
- Acevector IPO: Analysts assign 'avoid' tag amid stiff competition, losses
Acevector IPO price band is ₹30 to ₹32 per share; minimum lot is 468 shares
)
Thursday, 24 September
- Snapdeal parent AceVector raises ₹189 crore from anchors ahead of ₹420-crore IPO
AceVector raised ₹189 crore from anchor investors before its IPO opened
