Snapdeal Parent AceVector Sets ₹30-₹32 Price Band For ₹420 Cr IPO

Snapdeal parent AceVector has set a price band of ₹30-₹32 per equity share for its IPO, valuing the company at up to ₹1,741.4 Cr ($181.7 Mn) at the upper end. The IPO comprises a fresh issue of shares worth ₹287 Cr and an offer for sale of up to 4.16 Cr shares. At ₹32 per share, the size of the IPO is ₹420 Cr.