AceVector Snapdeal IPO Fully Subscribed

AceVector the parent company of Indian e-commerce platform Snapdeal achieved full subscription for its initial public offering on the second day of bidding. The share sale seeks a valuation of up to 17.41 billion rupees and closes on Tuesday.

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FILE PHOTO: A private security guard stands at a gate of Snapdeal headquarters in Gurugram on the outskirts of New Delhi, India, April 3, 2017. REUTERS/Adnan Abidi/File Photo

AceVector, the parent firm of India-based e-commerce platform Snapdeal, secured full subscription for its initial public offering on the second day of bidding on Monday afternoon, exchange data showed. The trimmed offering seeks a valuation of up to 17.41 billion rupees ($182M) with a price band of 30 to 32 rupees per share. The listing arrives during a broader resurgence in primary market fundraising across the country during the second half of 2026.

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