AceVector IPO Oversubscribed 2.59X On Day 3 So Far

by · Inc42

SUMMARY

  • AceVector’s ₹420 Cr IPO was oversubscribed 2.59X on the final day of bidding, with investors placing bids for 19.25 Cr shares against 7.42 Cr shares on offer
  • Following the close of bidding by today, AceVector’s shares are set to make their public market debut on the BSE and NSE tentatively on October 5
  • The highest number of bids have come from non institutional investors (NIIs) till now, who have placed bids for 8.46 Cr shares against the 2.06 Cr shares earmarked for them