Snapdeal Parent AceVector Among 4 IPOs Listing Today: Check GMPs Ahead of Market Debut

Snapdeal parent AceVector among 4 IPOs listing today: Check GMPs ahead of market debut

SoftBank-backed digital commerce ecosystem AceVector Ltd, parent company of Snapdeal, was subscribed 4.93 times on Tuesday, the last day of bidding.

AceVector shares to list today; Check GMP ahead of debut

The Rs 420-crore public issue was priced in the range of Rs 30–32 per share, with the upper end of the price band at Rs 32. The issue comprised a fresh issue of 8.97 crore shares aggregating to Rs 287 crore and an offer for sale (OFS) of 4.16 crore shares worth Rs 133 crore.

Snapdeal Parent AceVector Lists At 11.6% Discount On BSE

Snapdeal parent AceVector made a weak stock market debut, listing at ₹28.30 on the BSE, an 11.6% discount to its…