Latest Updates Around The World
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 […]
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 […]
Eyewear retailer Lenskart will launch its much-awaited initial public offering (IPO) later this week, which will be one of the most high-profile listings of the year in India’s booming consumer technology sector. The IPO opens for public subscription on October 31 and closes on November 4, while the anchor investor round is scheduled for October […]
