TechSnapdeal parent AceVector sets ₹30–₹32 IPO price band
Inc42 reports a company valuation of up to ₹1,741 crore and an IPO worth around ₹420 crore at the upper end of the price band. Subscriptions are scheduled for September 25–29, 2026.
TLDR
Inc42 reports that AceVector’s IPO comprises a ₹287 crore fresh issue and an offer for sale of up to 4.16 crore shares. Subscriptions are scheduled for September 25–29, 2026, with a BSE and NSE listing expected on October 5. The fresh issue was trimmed by ₹13 crore after a pre-IPO placement raised that amount, while the offer for sale was cut by 34.9%. AceVector’s largest shareholder, SoftBank’s Starfish I Pte Ltd, is set to sell up to 2.76 crore shares, potentially fetching ₹88.3 crore.
