Honasa went up, Lenskart could go either way, says Deepak Shenoy during the recent IPO

The buzz around Lenskart’s recent IPO has sparked sharp reactions and debates among investors and social media users. Deepak Shenoy, CEO of Capitalmind Asset Management, added perspective to the ongoing discussion and shared his views on the drama surrounding an IPO and the unpredictability of market behavior. Shenoy posted on social media platform So much […]

‘Dumb money chases dumb IPOs’: Shankar Sharma on Indian public markets amid Lenskart rumors

In a sharp critique of India’s IPO ecosystem, veteran investor and GQuant Investech founder Shankar Sharma has described India’s public markets as the “dumbest in the history of IPO markets”, a sentiment sparked by the recent pre-IPO activity surrounding Lenskart. Sharma pointed to what he called a systemic pattern of retail investor manipulation and flawed […]

DMart’s Radhakishan Damani is investing Rs 90 crore in Lenskart ahead of its IPO

Billionaire investor Radhakishan Damani, founder of Avenue Supermarts (DMart), has invested around Rs 90 crore in eyewear retailer Lenskart Solutions in a pre-IPO (initial public offer) funding round, people familiar with the development said on Friday. The investment comes ahead of Lenskart’s initial public offering, which is expected to open for public subscription next week. […]