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AceVector, backed by SoftBank, files updated IPO papers to raise Rs 300 crore.
Summary
AceVector Ltd, backed by SoftBank, has filed updated draft papers for an IPO with SEBI. The IPO aims to raise Rs 300 crore through a fresh issue of shares. This development is significant for understanding market trends and investment activities.
Key Points
- AceVector Ltd, a digital-commerce ecosystem, filed updated IPO papers.
- SoftBank is a key investor in AceVector Ltd.
- The IPO involves a fresh issue of shares.
- The company aims to raise Rs 300 crore through the fresh issue.
- The filing was made with the market regulator SEBI.
Full Article
SoftBank-backed digital-commerce ecosystem AceVector Ltd has filed updated draft papers with markets regulator Sebi for an initial public offering (IPO), which will include a fresh issue of shares worth Rs 300 crore.
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