AceVector Limited’s Initial Public Offer of Equity Shares to open on Sept 25
September 24, 2026
Ahmedabad: AceVector Limited (“AceVector” or the “Company”), announces that the Bid / Offer Opening Date in relation to its initial public offering of its Equity Shares (“Offer”) will be Friday, September 25, 2026. The Anchor Investor Bidding Date shall be Thursday, September 24, 2026. The Price Band is fixed at ₹30 to ₹32 per equity share of face value of ₹1 each (“Equity Share”), a press release said.
As per the company, the Offer comprises a fresh issue of such number of Equity Shares by the Company aggregating up to ₹2,870.00 million (the “Fresh Issue”) and an offer for sale of up to 41,562,500 Equity Shares (the “Offer for Sale”) by certain existing shareholders of the Company (the “Selling Shareholders”).
The Company proposes to utilise the net proceeds from Fresh Issuetowards (i) funding a portion of the marketing and business promotion expense of the Marketplace business of the Company, (ii) funding the technology infrastructure costs of the Marketplace business of the Company, and (iii) funding inorganic growth through acquisitions and general corporate purposes (the “Objects of the Offer”).
The Anchor Investor Bid/Offer Period opens and closes on Thursday, September 24, 2026. The Bid/Offer Period will open on Friday, September 25, 2026, for subscription and close on Tuesday, September 29, 2026.
The Price Band of the Offer has been fixed at ₹ 30. to ₹32 per Equity Share. Bids can be made for a minimum of 468 Equity Shares and in multiples of 468 Equity Shares thereafter.
The Equity Shares to be offered through the RHP are proposed to be listed on BSE Limited and National Stock Exchange of India Limited (“NSE”). For the purposes of the Offer, NSE is the Designated Stock Exchange.
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