Business & Policy

AceVector IPO Opens September 25 at ₹30–₹32 Price Band

Published: September 23, 2026
Author: HFT

AceVector Limited will open its IPO on September 25, 2026. The issue will close on September 29, 2026. The company has set the price band at ₹30 to ₹32 per equity share.

The Anchor Investor bidding will take place on September 24, 2026. Each equity share has a face value of ₹1.

AceVector IPO offer details

The AceVector IPO includes a fresh issue of equity shares worth up to ₹2,870 million. It also includes an offer for sale of up to 41,562,500 equity shares by existing shareholders.

AceVector plans to use the fresh issue proceeds for its Marketplace business. The funds will support marketing and business promotion activities.

The company will also use part of the proceeds for technology infrastructure costs. It may also use funds for acquisitions and general corporate purposes.

Minimum bid and listing details

Investors can bid for a minimum of 468 equity shares. Further bids must be made in multiples of 468 shares.

At the upper price band of ₹32, the minimum bid value is ₹14,976.

The equity shares are proposed to list on BSE Limited and NSE. NSE will serve as the designated stock exchange.

The IPO will follow the book-building process and applicable SEBI ICDR Regulations. Except for Anchor Investors, eligible bidders must use the ASBA process. UPI bidders must also provide their UPI ID, where applicable.

IPO documents and lead managers

AceVector filed its red herring prospectus on September 21, 2026.

IIFL Capital Services Limited, CLSA India Private Limited and Systematix Corporate Services Limited are the Book Running Lead Managers for the offer.

Related Posts

General Mills India Opens a New Manufacturing Plant in Nashik

Cotton Yarn Exhibitors Gear Up for Yarn Expo Spring 2025

IIRIS signs MoU with NLU, Jodhpur to form IIRIS Chair of Infosec and Forensic Society

Jockey Expands Women’s Innerwear Category with the Launch of New Collection as Part of ‘Designed to Disappear’ Campaign