[Update] AceVector IPO Closes With 4.93X Oversubscription
India, Sept. 29 -- Update | September 29, 2026 19:55 IST
Snapdeal parent AceVector's Rs.420 Cr IPO was oversubscribed 4.93X at the end of the final day of bidding today. The issue received bids for 36.61 Cr shares against 7.42 Cr shares on offer, according to BSE data as of 19:00 IST.
Non-institutional investors (NIIs) oversubscribed their quota the highest at 8.16X, placing bids for 16.79 Cr shares against 2.05 Cr shares earmarked for them.
Within this, the portion for NIIs bidding for lots over Rs.10 Lakh was oversubscribed 8.92X while bids above Rs.2-10 Lakh was over subscribed 6.64X.
Retail investors bid for 6.33 Cr shares against the 1.37 Cr shares reserved for them, translating to an oversubscription of 4.62X.
The portion reser...
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