AceVector IPO reaches 1.15x subscription on day 2
In short
AceVector’s ₹420 crore IPO was 1.15 times subscribed on day 2, according to an Inc42 update dated September 25, 2026.
The company has drawn more bids, but the available report does not show the final category-wise split or final outcome. AceVector is Snapdeal’s parent.
What the reporting says
AceVector’s ₹420 crore IPO was 1.15 times subscribed on day 2, according to an Inc42 publisher summary dated September 25, 2026. The reporting also said the issue was 23% subscribed at the end of the earlier update, but it does not give a full category breakup or final close in the available snippet. The immediate outcome remains incomplete from the source provided.
Why it matters
AceVector’s ₹420 crore IPO was 1.15 times subscribed on day 2 in an Inc42 update dated September 25, 2026. The snippet also says the issue was 23% subscribed at the end of the earlier reporting point. This points to demand for the offering, but the available material does not state the final closing level, which investor categories led the bids, or how the issue may affect the company.