Lenskart IPO anchor bidding demand reaches Rs 68,000 crore across FII and MF participation on November 1

Anchor book demand for Lenskart’s upcoming IPO crossed roughly Rs 68,000 crore based on institutional interest from both foreign institutional investors and domestic mutual funds on November 1. Analysts said this confirms exceptionally strong appetite for scaled retail tech models even before final pricing confirmation. Investor sentiment is being influenced by Lenskart’s historic profitability trajectory, omnichannel operating leverage, and category leadership within eyewear distribution blending digital and offline footprint. Market strategists said final valuation discovery remains sensitive to global risk cycles—but the anchor book response reinforces the high demand depth relative to domestic capital pools.