Overview

• On July 19, 2025, AceVector lodged its confidential DRHP with SEBI and both BSE and NSE to kick off its IPO process.
• The proposed fresh-equity issuance targets a Rs 500 crore raise, with most proceeds earmarked as primary capital for growth initiatives.
• CLSA and IIFL have been appointed as lead bankers to manage underwriting and placement of the share sale.
• SEBI’s confidential filing mechanism grants AceVector up to 18 months to launch its IPO and allows issue-size adjustments of up to 50 percent before public disclosure.
• The move reflects a broader shift by Indian firms including Shadowfax, Groww and PhysicsWallah toward delayed disclosures and flexible IPO scheduling.