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5h agoLenskart IPO opens to strong bids as anchors, retail line up
Lenskart’s ₹7,278 crore IPO opened to strong demand. The eyewear retailer allotted ₹3,268 crore to 147 anchor investors at ₹402 a share, the top of its price band of ₹382–402. Funds from the fresh issue will support store expansion, technology, and general corporate purposes, while a large OFS provides partial exits for early backers. By midday, bids crossed available shares across categories, reflecting robust appetite despite a rich valuation multiple tied to rapid growth in prescription eyewear and the company’s omnichannel model. Early broker checks.
Explore:High Return Equity Mutual Fund
positive
5h agoLenskart IPO opens to strong bids as anchors, retail line up
Lenskart’s ₹7,278 crore IPO opened to strong demand. The eyewear retailer allotted ₹3,268 crore to 147 anchor investors at ₹402 a share, the top of its price band of ₹382–402. Funds from the fresh issue will support store expansion, technology, and general corporate purposes, while a large OFS provides partial exits for early backers. By midday, bids crossed available shares across categories, reflecting robust appetite despite a rich valuation multiple tied to rapid growth in prescription eyewear and the company’s omnichannel model. Early broker checks.
Explore:High Return Equity Mutual Fund
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Lenskart IPO opens to strong bids as anchors, retail line up
about 5 hours ago
1 min read
85 words
Day one subscription was strong as anchors and retail queued up, despite a demanding valuation. Proceeds target expansion and tech improvements while OFS enables partial exits for early investors. Momentum.
Lenskart’s ₹7,278 crore IPO opened to strong demand. The eyewear retailer allotted ₹3,268 crore to 147 anchor investors at ₹402 a share, the top of its price band of ₹382–402. Funds from the fresh issue will support store expansion, technology, and general corporate purposes, while a large OFS provides partial exits for early backers. By midday, bids crossed available shares across categories, reflecting robust appetite despite a rich valuation multiple tied to rapid growth in prescription eyewear and the company’s omnichannel model. Early broker checks.
Lenskart’s ₹7,278 crore IPO opened to strong demand. The eyewear retailer allotted ₹3,268 crore to 147 anchor investors at ₹402 a share, the top of its price band of ₹382–402. Funds from the fresh issue will support store expansion, technology, and general corporate purposes, while a large OFS provides partial exits for early backers. By midday, bids crossed available shares across categories, reflecting robust appetite despite a rich valuation multiple tied to rapid growth in prescription eyewear and the company’s omnichannel model. Early broker checks.
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India
ipo
India
consumer
retail
Oct 31, 2025 • 21:59 IST