Snapdeal parent AceVector's Rs 420 crore initial public offering got off to a measured start on Thursday, with the issue subscribed 23% by the close of the first day of bidding. Retail investors drove early interest, booking 62% of their allotted quota, while qualified institutional buyers had yet to enter the issue.
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2026/09/27Markets, IPOs & Wealth
AceVector IPO Draws 23% Subscription on Day 1 as Retail Investors Lead Bidding
R
RDU Global Correspondent
Markets & IPOs Desk
Mumbai, India 3h ago•5 min read
Snapdeal parent AceVector's Rs 420 crore initial public offering got off to a measured start on Thursday, with the issue subscribed 23% by the close of the first day of bidding. Retail investors drove early interest, booking 62% of their allotted quota, while qualified institutional buyers had yet to enter the issue.
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Reported by RDU Global Correspondent. Formatted and verified using real-time institutional and journalistic wire feeds. Independent reporting adhering to the RDU Global Editorial Code of Conduct.
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