AceVector Limited IPO Subscription Update: Issue Subscribed 2.21x on Day 3
The AceVector Limited IPO saw strong demand on its final day, with investors bidding for 16,37,29,332 shares against 7,42,29,166 shares offered, resulting in an overall subscription of 2.21 times till 29-Sep-2026 13:57 Pm.
The NII category recorded the highest demand at 3.11, with bids for around 6,40,64,052 shares against 2,05,84,374 shares reserved. The retail portion was subscribed 2.89, receiving bids for approximately 3,96,47,556 crore shares against 1,37,22,916 crore shares offered.
| SR. NO. | CATEGORY | NO OF TIMES OF TOTAL MEANT FOR THE CATEGORY |
|---|---|---|
| 1. | Qualified Institutional Buyers (QIBs) | 1.50 |
| 2. | Non-Institutional Investors | 3.11 |
| 3. | Retail Individual Investors (RIIs) | 2.89 |
| - | Total | 2.21 |
AceVector Overview & Purpose
AceVector is offering a Rs 420 crore IPO, comprising a fresh issue of Rs 287 crore and an Offer for Sale (OFS) of Rs 133 crore. The issue is priced in the range of Rs 30 to Rs 32 per share, with a minimum lot size of 468 shares.
The Company plans to utilise the net proceeds from the fresh issue towards funding a portion of the marketing and business promotion expenses of its Marketplace business, funding technology infrastructure costs of the Marketplace business, funding inorganic growth through acquisitions and general corporate purposes. The proceeds from the OFS will be received by the respective Selling Shareholders.
Disclaimer
Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Choice Equity Broking Private Limited: SEBI Reg No. Broking - INZ000160131 ( BSE - 3299 ) | ( NSE - 13773 ) | ( MSEI - 73200 ) | ( MCX - 40585 ) | ( NCDEX - 01006 ). Depository Participant SEBI Reg. No. - IN - DP - 84 - 2015, DP ID CDSL - 12066900, NSDL ID - IN301895. Research Analyst - INH000000222 (CIN. NO.: U65999MH2010PTC198714)
Other News
SRIT India Limited IPO Subscription Update: Issue Subscribed 3.21x on Day 2
The SRIT India Limited IPO was subscribed 3.21x on Day 2. The Non-Institutional Investors (NIIs) category received the highest subscription at 3.57x, followed by Retail Individual Investors (RIIs) at 4.88x. The QIB category was subscribed 0.02x.
Runwal Enterprises Limited IPO Subscription Update: Issue Subscribed 1.64x on Day 3
The Runwal Enterprises Limited IPO received an overall subscription of 1.64x on Day 3. The QIB category was subscribed 1.53x, while the NII category received 1.13x subscription. The Retail Individual Investors (RIIs) portion was subscribed 0.56x, and the Employees category stood at 0.59x till 29-Sep-2026 14:24 Pm.
German Green Steel and Power Limited IPO Subscription Update: Issue Subscribed 11.87 on Day 3
The German Green Steel and Power Limited IPO was subscribed 11.87x on Day 3. The Non-Institutional Investors (NIIs) category received the highest subscription at 22.35x, followed by Retail Individual Investors (RIIs) at 13.37x. The QIB category was subscribed 1.35x.