AceVector Targets $182M Valuation in Trimmed IPO
Snapdeal parent AceVector is seeking a valuation of up to $182 million in a trimmed initial public offering. The share sale opens for public subscription on September 25 and closes on September 29.
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AceVector is seeking a valuation of up to 17.41 billion rupees ($181.71 million) in a trimmed IPO in India. The parent of e-commerce platform Snapdeal set a price band of 30 to 32 rupees for the 4.2 billion rupee ($43.84 million) offering. The public subscription opens September 25 and closes September 29, per an exchange filing.
