AceVector, the company behind Snapdeal, will open its IPO for subscription on September 25, bringing another internet-led business to India's IPO market. The company has fixed the price band at Rs 30-32 per share. The issue will include a fresh issue of Rs 287 crore and an offer for sale of up to 4.16 crore shares by existing shareholders. The IPO will close on September 29, while the anchor book will open on September 24.
Here are 10 things investors need to know about the Snapdeal IPO.