AceVector’s IPO subscribed over 5X on final day

T2Covered by 1 source · first reported by Entrackr at 29 Sept, 11:39 UTC

AceVector, the parent company of Snapdeal, Unicommerce and Stellaro Brands, saw decent demand for its IPO, with the issue subscribed 5.07 times as investors bid for 36.61 crore shares against 7.22 crore shares on offer. AceVector’s initial public offering (IPO) was open for subscription from…