[Update] AceVector IPO: Issue Subscribed 1.15X On Day 2

by · Inc42

SUMMARY

  • AceVector IPO was subscribed 1.15X overall by 5 PM on September 28, with bids for 8.56 Cr shares against 7.42 Cr shares on offer
  • QIBs subscribed 1.03X, while NIIs and retail investors saw 1.25X and 1.36X subscription, respectively, indicating demand has crossed the shares available across all three key categories
  • QIBs bid for 4.12 Cr shares, NIIs for 2.57 Cr and retail investors for 1.87 Cr; the IPO’s final demand data will be updated until 7 PM on the last day