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Informative

Snapdeal's parent AceVector files confidential draft IPO papers with SEBI

Update / Judgement Date

20 Jul 2025

Source

YourStory

Author

Team — WCP Legal Desk

Reading Time

1 min read

Financial ManagementSEBI & SCRA

Snapdeal's parent company, Acevector, has confidentially filed a draft IPO prospectus with SEBI. This move indicates the e-commerce company's intention to go public, following a trend of Indian tech companies seeking to raise capital from the stock market. The confidential filing allows the company to engage with SEBI and refine its prospectus before making it public, signaling a potential return to the public markets for the e-commerce player.