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(22/09/2026 17:40)

AceVector announces launch of initial public offering

AceVector Ltd. has announced public offering of 131250000 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 31.00 per share. The gross proceeds of the issue are expected to be Rs 42,000.00 lakhs.

The company's initial public offer (IPO) will open on 25 September 2026 and is expected to close on 29 September 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 30.00-32.00 per share.

The IPO includes a fresh Issue of 131250000 Equity Shares of the Company at an price of Rs 32.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 468 shares with bids in multiples of 468.

AceVector Ltd. anticipates using the proceeds of the issue for .

CLSA India Private Limited,Systematix Corporate Services Ltd.,IIFL Capital Services Limited as lead manager(s) & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.
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