Snapdeal Parent AceVector Files RHP, Trims OFS To 4.16 Cr Shares

Snapdeal-parent AceVector Ltd has filed its red herring prospectus (RHP) with the Securities and Exchange Board of India (SEBI), nearly a year after receiving the markets regulator’s observations on its confidential IPO filing. The company has cut the fresh issue by ₹13 Cr to ₹287 Cr from the ₹300 Cr proposed in its updated draft red herring prospectus (UDRHP) filed in December 2025. Important to highlight that the cut came at the behest of AceVector raising a pre-IPO placement round aggregating