AceVector Limited, jo Snapdeal ki parent company hai, ki market mein entry kaafi thandi rahi. IPO price **₹32** tha, lekin stock seedha **₹28.32** par list hua, jisse investors ka mood kharab ho gaya.
Kaha hui galti?
Market mein AceVector ki listing kafi disappointment lekar aayi. ₹32 ke issue price ke badle share ₹28.32 (NSE) aur ₹28.30 (BSE) par open hua. IPO ka size ₹420 Crore ka tha, jisme se ₹287 Crore fresh issue the aur ₹133 Crore offer for sale (OFS) tha. Subscription bas 4.93 times hi ho paya tha, jo market ki tepid demand dikhata hai.
Investors kyu hain nervous?
AceVector ke portfolio mein Snapdeal, Unicommerce aur Stellaro Brands jaise brands hain. Lekin problem ye hai ki e-commerce sector mein Amazon aur Flipkart jaise giants ke saamne tikna aasaan nahi hai. Company ka financial track record bhi loss-making raha hai aur negative operating cash flow investors ko dara raha hai.
Aage kya?
Market ab ye dekh raha hai ki company apna IPO fund kaise use karti hai. Agar management operational efficiency badha paati hai aur quarterly results mein losses kam hote dikhte hain, tabhi stock mein recovery ke chances banenge. Filhal, market sentiment loss-making digital firms ke liye thoda shaky hi chal raha hai.