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AceVector IPO: SoftBank-backed Snapdeal parent refiles draft papers with Sebi; plans Rs 300 crore fresh issue

SoftBank-backed digital commerce ecosystem AceVector Ltd has filed updated draft red herring prospectus (UDRHP) with markets regulator Sebi for its proposed initial public offering, which includes a fresh issue of shares worth Rs 300 crore, according to PTI.The IPO will also feature an offer for sale (OFS) of 6.38 crore shares by existing shareholders. Promoter…

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