AceVector Ends Debut 18.5% Below Issue Price as Snapdeal Parent Faces a Tepid Market Welcome
AceVector, the parent of e-commerce platform Snapdeal, closed its maiden trading session at ₹26.10, finishing 18.5% below its issue price and signalling a cautious reception from public investors. The listing underscores the market’s demand for clearer profitability and growth visibility from consumer internet companies entering the public markets.
