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![Inc42 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::605783487.png) Inc42 [@Inc42](/creator/twitter/Inc42) on x 51.1K followers
Created: 2025-07-19 15:44:57 UTC

AceVector, the parent company of ecommerce major Snapdeal, has confidentially filed draft red herring prospectus (DRHP) with markets regulator SEBI for its INR XXX Cr initial public offering (IPO). 👇

In a public announcement today, Acevector Limited said it has submitted the pre-filed DRHP with the SEBI for a proposed IPO for its equity shares on the main board of the BSE and the NSE. The equity shares will hold a face value of INR X apiece.

The IPO will largely consist of a fresh issue and most likely CLSA and IIFL are set to be the bankers for the public issue.

Cofounders Kunal Bahl and Rohit Bansal, along with SoftBank and Nexus Venture Partners, are the biggest shareholders of the consolidated entity. It is pertinent to note that this is not Snapdeal’s first attempt to get listed on the bourses.

Read the full article here -

#news #Inc42 #growth #IPO #Snapdeal #startupnews #startup #businessnews #business #India #funding #invetsment DRHP

![](https://pbs.twimg.com/media/GwOzxkIXUAAzyP8.jpg)

XXX engagements

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[Post Link](https://x.com/Inc42/status/1946597135203418604)

[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

Inc42 Avatar Inc42 @Inc42 on x 51.1K followers Created: 2025-07-19 15:44:57 UTC

AceVector, the parent company of ecommerce major Snapdeal, has confidentially filed draft red herring prospectus (DRHP) with markets regulator SEBI for its INR XXX Cr initial public offering (IPO). 👇

In a public announcement today, Acevector Limited said it has submitted the pre-filed DRHP with the SEBI for a proposed IPO for its equity shares on the main board of the BSE and the NSE. The equity shares will hold a face value of INR X apiece.

The IPO will largely consist of a fresh issue and most likely CLSA and IIFL are set to be the bankers for the public issue.

Cofounders Kunal Bahl and Rohit Bansal, along with SoftBank and Nexus Venture Partners, are the biggest shareholders of the consolidated entity. It is pertinent to note that this is not Snapdeal’s first attempt to get listed on the bourses.

Read the full article here -

#news #Inc42 #growth #IPO #Snapdeal #startupnews #startup #businessnews #business #India #funding #invetsment DRHP

XXX engagements

Engagements Line Chart

Related Topics $bsens stocks ipo primary market indian rupee

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