{"id":398476,"date":"2026-10-12T10:30:37","date_gmt":"2026-10-12T05:00:37","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=398476"},"modified":"2026-10-12T10:03:13","modified_gmt":"2026-10-12T04:33:13","slug":"cyril-amarchand-mangaldas-acevector-ipo-legal-counsel","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2026\/10\/12\/cyril-amarchand-mangaldas-acevector-ipo-legal-counsel\/","title":{"rendered":"Cyril Amarchand Mangaldas acts as the Indian legal counsel to AceVector Ltd. on its INR 4200 million IPO"},"content":{"rendered":"
\n

Cyril Amarchand Mangaldas acted as Indian legal counsel to AceVector Limited on its initial public offering of equity shares of face value INR 1 each aggregating to INR 4,200.00 million comprising a (i) fresh issue aggregating to INR 2,870.00 million, and (ii) offer for sale aggregating to INR 1,330.00 million. AceVector, directly and indirectly through its subsidiaries, operates an asset-light digital commerce ecosystem consisting of data, technology and AI-driven businesses-value e-commerce marketplace, e-commerce enablement software as a service and consumer brands.<\/p>\n

The firm also advised the Starfish I Pte. Ltd., a SoftBank entity, (“Promoter Selling Shareholder”) on its participation in the offer for sale component of the initial public offering.<\/p>\n

The book running lead managers of this IPO were IIFL Capital Services Limited (formerly known as IIFL Securities Limited), CLSA India Private Limited and Systematix Corporate Services Limited.<\/p>\n

The transaction team advising the Company was led by Gokul Rajan, Partner (Regional Co-Head – Capital Markets – North); Aashima Johur and Amitpal Singh, Partners; with support from Aditya Singh, Senior Associate; Anjini Ganguly, Mahima Aggarwal and Soumya Mohanty, Associates.<\/p>\n

Team advising the Promoter Selling Shareholder was led by Abhiroop Lahiri, Partner; with support from Abishek Sankar, Senior Associate; and Nikshetaa Jain, Associate.<\/p>\n

Bharath Reddy, Partner; with support from Dipti Khatri, Principal Associate; Abhishek Gabriel, Senior Associate Designate and Aarav Prasad, Associate; advised on employment aspects.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The book running lead managers of this IPO were IIFL Capital Services Limited (formerly known as IIFL Securities Limited), CLSA India Private Limited and Systematix Corporate Services Limited.<\/p>\n","protected":false},"author":67011,"featured_media":398477,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45282,2],"tags":[116855,116854,111409,92545,30960,73869,116857,116856,92715],"class_list":["post-398476","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-acevector-ipo-2026","tag-acevector-ltd-ipo","tag-capital-markets-law","tag-corporate-law-india","tag-cyril-amarchand-mangaldas","tag-indian-legal-counsel","tag-initial-public-offering-india","tag-inr-4200-million-ipo","tag-ipo-legal-advisory"],"yoast_head":"\nCAM Advises AceVector on INR 4,200 Million IPO | SCC Times<\/title>\n<meta name=\"description\" content=\"Cyril 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