[Update] AceVector IPO Subscribed 23% On Day 1, Retail Quota Booked 62%
India, Sept. 25 -- Update| September 25, 2026 18:55 IST
Snapdeal parent AceVector's Rs.420 Cr IPO was subscribed 23% at the end of the first day of bidding today. The issue received bids for 1.72 Cr shares against 7.42 Cr shares on offer, according to BSE data as of 17:00 IST.
The retail portion recorded the highest subscription rate at 62%, receiving bids for 85.74 Lakh shares against 1.37 Cr shares earmarked for the category.
Non-institutional investors (NIIs) bid for 86.70 Lakh shares against their allocation of 2.06 Cr shares, subscribing to 42% of their quota.
Within the NII category, the portion for bids above Rs.2 Lakh and up to Rs.10 Lakh was subscribed 71%, while the portion for bids above Rs.10 Lakh was booked 28%.
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