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, […]
SBI Optimal Equity Fund (AIF) and SBI Emergent Fund (AIF), managed by SBI Mutual Fund, have invested Rs 100 crore in eyewear retailer Lenskart Solutions Limited through a pre-IPO transaction at a transfer price of Rs 402 per equity share. The investment comes in advance of Lenskart’s IPO, which is scheduled for Friday, October 31, […]
Eyewear retailer Lenskart is gearing up for its stock market debut, with its initial public offering (IPO) opening for public subscription on Friday, October 31. In the gray market, Lenskart’s IPO is currently trading at a premium of around 19% over the issue price of Rs 402 per share, indicating strong investor interest ahead of […]