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AceVector, Snapdeal's parent, lists at Rs 28.30 on BSE, 11.56% below its Rs 32 IPO price

AceVector (Snapdeal) debuted on 5 October after a Rs 420 crore IPO that was subscribed more than five times. On the NSE it listed at Rs 28.32, 11.50 per cent below the issue price, leaving investors nearly Rs 1,730 down on each lot.

AceVector listed on the BSE at ₹28.30, below its ₹32 IPO issue price
IPO issue price₹32
BSE listing price₹28.30

down 11.56 per cent

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Reported figures

From the report. Source details below

AceVector bids received: Rs 1,170 crore
AceVector IPO price band: Rs 30-32 per share

The source

Source Read the source at Business Today

Published

Confirmed by Inc42, Entrackr, Moneycontrol, Mint, The Hindu BusinessLine, YourStory, Financial Express

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