IPO-Bound AceVector Nets ₹189 Cr From Anchor Investors

by · Inc42

SUMMARY

  • AceVector raised ₹189 Cr in its anchor round by allocating 5.91 Cr shares to anchor investors at ₹32 apiece
  • Investors like Helios Mutual Fund, Taurus Ethical Fund, Negen Undiscovered Value Fund, Singularity Growth, among others picked up stake in the Snapdeal parent
  • With the anchor round completed, AceVector’s ₹420 Cr IPO will open for public subscription on September 25 and close on September 29. The company is expected to list on the stock exchanges on October 5