Lenskart IPO: Rs 7,278-crore issue fully subscribed on day 1; robust QIB, retail participation signal strong listing
Lenskart’s Rs 7,278-crore IPO was fully subscribed on its first day, attracting significant interest from institutional and retail investors. The company has already raised Rs 3,268 crore from anchor investors and plans to utilize the IPO proceeds for store expansion, technology investments, and potential acquisitions. Lenskart is scheduled to list on stock exchanges on November 10.
Lenskart’s Rs 7,278-crore IPO was fully subscribed on its first day, attracting significant interest from institutional and retail investors. The company has already raised Rs 3,268 crore from anchor investors and plans to utilize the IPO proceeds for store expansion, technology investments, and potential acquisitions. Lenskart is scheduled to list on stock exchanges on November 10.