AceVector Ltd., the parent company of Snapdeal, opened its Rs 420 crore IPO for subscription today, September 25, 2026. The issue will remain open for three days, until September 29. In the grey market, the IPO is commanding a 6% GMP, pointing to a modest premium over the issue price.
The AceVector IPO is a book-built issue comprising a fresh issue of 8.97 crore shares aggregating to Rs 287 crore and an offer for sale (OFS) of 4.16 crore shares worth Rs 133 crore.