loading
loading
Turnaround Opportunities Fund was allotted 62.49 lakh shares worth about Rs 20 crore. Alchemy Long Term Ventures Fund Series 3, Mavira Growth Opportunities Fund and LC Pharos Multi Strategy Fund VCC were each allotted 46.87 lakh shares worth about Rs 15 crore. Other investors in the anchor book include Helios Mid Cap Fund, Helios Small Cap Fund, Ashika Global Finance, Taurus Ethical Fund, Emerge Capital Opportunities Scheme, Saint Capital Fund, ASAS Global Fund Incorporated VCC Sub Fund and TMF Holdings. Also Read | Snapdeal IPO: GMP, price band among 10 things to know about AceVector public offer Out of the total anchor allocation, 93.74 lakh shares, or 15.87% of the anchor investor portion, were allotted to two domestic mutual funds through three schemes. These were Helios Mid Cap Fund, Helios Small Cap Fund and Taurus Ethical Fund. The mutual fund allocation was worth about Rs 30 crore. The company reported no applications from insurance companies and pension funds, so no allocations were made to them. AceVector’s IPO will open on Friday, September 25, and close on Tuesday, September 29. The anchor investor bidding opened and closed on September 24. Also Read | Missed the NSE IPO? Here are 5 of the largest issues in the pipeline to keep on your radar The price band has been fixed at Rs 30-32 per share. Investors can bid for a minimum of 468 shares and in multiples of 468 shares thereafter. At the upper price band, the minimum retail application works out to Rs 14,976. The public issue comprises a fresh issue of Rs 287 crore and an offer for sale of up to 4,15,62,500 shares by existing shareholders. At the upper price band, the OFS is worth about Rs 133 crore, taking the total issue size to around Rs 420 crore. The fresh issue proceeds will be used for marketing and business promotion expenses of the company’s marketplace business, technology infrastructure costs, inorganic growth through acquisitions and general corporate purposes. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
document fetched 2026-09-25 02:59