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StartupFoxBetaArchiveWednesday 30 September 2026 · Vol. I · No. 31
Vol. I · No. 31Beta

StartupFox

The Daily Edition of Startup Intelligence
Wednesday 30 September 20264 reports19 min read

AceVector's initial public offering closed on 29 September subscribed about 5.07 times, with investors bidding for 36.61 crore shares against 7.22 crore on offer.

Non-institutional investors led the book at 8.53 times their allocation. Retail investors subscribed 4.83 times and qualified institutional buyers excluding anchors 3.42 times. The issue had been only 96 per cent covered midway through the second day.

The offer ran from 25 to 29 September at a price band of ₹30 to ₹32, with a lot size of 468 shares requiring a minimum application of ₹14,040. It raised ₹420 crore at the upper end, comprising a ₹287 crore fresh issue and an offer for sale of 4.16 crore shares worth about ₹133 crore. Ahead of opening, AceVector raised ₹189 crore from 14 anchor investors at ₹32 a share.

Front Page · Page 1 of 3
PolicyPage 2 · 30 Sept 2026
By the Numbers
  • 5.07xOverall Subscription
  • 3.42xQIB Excluding Anchor
  • 8.53xNon-Institutional
Policy · Page 2 of 3

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End of the 30 Sept 2026 edition
This edition

4 reports filed for Wednesday 30 September 2026, compiled from company statements, registry filings and StartupFox reporting. Figures marked reported were not confirmed by the companies named.

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