AceVector files RHP for Rs 287 Cr fresh issue, turns free cash flow positive in FY26
SoftBank-backed AceVector, the parent company of Snapdeal and Unicommerce, has filed its RHP with SEBI for an IPO comprising a Rs 287 crore fresh issue,.
Via Entrackr
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"SoftBank-backed AceVector, the parent company of Snapdeal and Unicommerce, has filed its red herring prospectus (RHP) with SEBI for an IPO comprising a Rs 287 crore fresh issue, along with an offer for sale (OFS) by existing shareholders. Under the IPO, AceVector will raise Rs 287 crore through a fresh issue, while existing shareholders will sell up to 4.12 crore shares through an offer for sale (OFS). Starfish I Pte. Ltd., the promoter selling shareholder, will account for the largest…
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