Snapdeal parent AceVector lists at 11.5% discount to IPO price

T2Covered by 1 source · first reported by Entrackr at 05 Oct, 05:06 UTC

AceVector, the parent company of e-commerce platform Snapdeal, made a weak debut on the stock exchanges on Monday, October 5, with its shares listing at a discount of around 12% to the IPO price. The company’s shares opened at Rs 28.32 on the NSE, compared with the issue price of Rs 32, an 11.5%…

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• T2Snapdeal parent AceVector lists at 11.5% discount to IPO priceEntrackr05 Oct, 05:06