AceVector raises Rs 189 Cr from anchor investors ahead of IPO

T2Covered by 1 source · first reported by Entrackr at 25 Sept, 04:26 UTC

AceVector, the parent company of Snapdeal, Unicommerce and Stellaro Brands, has raised Rs 189 crore from anchor investors ahead of its initial public offering (IPO). The company allotted 5.91 crore shares to 14 anchor investors at Rs 32 per share, the upper end of its IPO price band. The anchor…

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• T2AceVector raises Rs 189 Cr from anchor investors ahead of IPOEntrackr25 Sept, 04:26