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Snapdeal Parent AceVector Gets SEBI Nod For Its IPO

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SUMMARY

AceVector Group has received approval from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO)

The regulator issued its final observations during the week ended November 11. In SEBI’s parlance, issuance of observations is a nod to proceed with the public issue

AceVector had filed its draft red herring prospectus (DRHP) via the confidential route in July

Snapdeal parent AceVector Group has received approval from the Securities and Exchange Board of India (SEBI) to…

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