After nearly four months of back-to-back public offerings that have helped Indian companies raise record capital in the primary market, the week ahead will be noticeably quieter. No new motherboard IPOs are planned, marking a brief pause in what has been one of the busiest listing cycles in recent years. Instead, three SME issues will […]
A week of heady quotes met a harsh dose of reality on Wednesday as three of Dalal Street’s most watched newcomers, PhysicsWallah, Lenskart and Groww, fell sharply to 10% in volatile trading. The pullback, driven by profit-taking and a dramatic short-seller boom in Groww, forced investors to reassess how much heat these newly listed stocks […]
Eyewear retailer Lenskart’s lukewarm listing has sparked debate among investors and analysts. Despite being oversubscribed by more than 20 times, the stock opened weaker, surprising many on Dalal Street. According to Dharmesh Kant, Head of Equity Research at Cholamandalam Securities, the problem lies not in business fundamentals but in excessive IPO prices.“The surprise is that […]
When Lenskart founder and CEO Peyush Bansal took the stage at the company’s listing ceremony on Monday, he didn’t just talk about valuations and vision. Instead, he shared how building India’s largest ever eyewear brand meant not only convincing engineers to join a ‘chashma ka company’, but even convincing his co-founder’s future father-in-law that an […]
Eyewear retailer Lenskart Solutions made a volatile market debut on Monday, trading below its IPO price but quickly rebounding above 3% intraday as investors weighed steep valuations against its dominant position in India’s fast-growing eyewear market. The stock opened at Rs 390 on the BSE, a 3% discount to the issue price of Rs 402, […]
After weeks of anticipation, Lenskart’s market debut on Monday ended on a sad note rather than a cheer. The eyewear retailer’s shares were trading at Rs 390 on the NSE, a 3% discount to the issue price of Rs 402, despite being one of the highest-profile IPOs of 2025.This disappointing debut marked a dramatic turnaround […]
Ahead of the listing on Monday, Lenskart’s co-founder Peyush Bansal shared a note to shareholders, reflecting on the company’s 15-year journey from a small eyewear startup to a global omnichannel brand worth nearly Rs 70,000 crore. The company’s shares will debut on the stock exchanges tomorrow, marking a milestone for the company. The IPO, which […]
The gray market premium (GMP) for eyewear retailer Lenskart Solutions has fallen to zero, negating all the excitement ahead of its market debut on Monday. The GMP, which had peaked at Rs 108, implying a listing population of over 25% before the IPO announcement, has now collapsed, indicating that the counter could see a flat […]
Eyewear retailer Lenskart Solutions will make its long-awaited stock market debut on Monday, but the euphoria among investors has cooled sharply. After one of the most sought-after consumer launches of 2025, the gray market premium (GMP), a key gauge of stock market expectations, has fallen nearly 94% from Rs 108 to around Rs 6.5 per […]
Lenskart Solutions completed its IPO worth Rs 7,278 crore on November 4, attracting strong interest from investors. The eyewear group received bids for 281.9 crore shares against 9.97 crore shares on offer, amounting to a subscription of 28.2 crore. The allotment basis will be finalized on November 6 and investors can check their allotment status […]