Latest Updates Around The World
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 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 […]
Eyewear retailer Lenskart Solutions on Friday opened its initial public offering (IPO), aiming to raise Rs 2,150 crore through a fresh issue of shares, while promoters and existing investors will sell 12.75 crore shares through an offer for sale (OFS).The IPO will remain open until November 4 and the company is expected to list on […]
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, […]
