Snapdeal parent AceVector drops 11.5% in market debut after over $50 million IPO
05/10/2026 05:17
Snapdeal parent AceVector drops 11.5% in market debut after over $50 million IPO Oct 5 (Reuters) - Shares of AceVector SNAP.NS, the parent company of Indian e-commerce platform Snapdeal, listed at 11.5% discount on Monday after a more than $50 million initial public offering last week.
The shares debuted at 28.32 rupees on the National Stock Exchange of India, against 32 rupees offer price.
(Reporting by Vivek Kumar M; Editing by Rashmi Aich)