Snapdeal Parent AceVector Files RHP, Trims OFS To 4.16 Cr Shares

by · Inc42

SUMMARY

  • The Snapdeal parent has cut the fresh issue by ₹13 Cr to ₹287 Cr and reduced the OFS component by 34.9% to 4.16 Cr shares.
  • Investors like SoftBank, Nexus Venture Partners, Jason Kothari, among others, will be offloading shares via the IPO.
  • AceVector's IPO will open for public subscription on Friday, September 25, following anchor bidding on September 24, and will close on Tuesday, September 29.