Lenskart IPO: Ahead of listing, GMP plunges 70%; what analysts are saying
Lenskart’s IPO grey market premium has plummeted by 70% ahead of its listing, raising concerns about substantial listing gains despite strong oversubscription. While the company boasts a robust business model and impressive financial growth, elevated valuations and subdued secondary market conditions are prompting caution among investors and market observers.🕒 1 min read
Lenskart’s IPO grey market premium has plummeted by 70% ahead of its listing, raising concerns about substantial listing gains despite strong oversubscription. While the company boasts a robust business model and impressive financial growth, elevated valuations and subdued secondary market conditions are prompting caution among investors and market observers.
Continue Reading
- Opinion: Opinion | Cut The Politics, We Need Answers On Tamil Nadu Tragedy
-
Handshake controversy: ICC rejects PCB’s demand to remove match referee; will they pull out?
- After Australia, Malaysia Plans Under-16 Social Media Ban By Next Year
-
“This Government Doesn’t Hide Reports”: Delhi Minister To AAP On Yamuna Revival
- Gujarat Man Kills Woman, Chops Off Her Ears To Steal Jewellery, Buries Body
-
Ram Charan’s Wife Upasana Kamineni Shares His Favourite Food, Eating Habits While Travelling
- 7 Things About Checking Your Credit Score That Borrowers Must Know
-
“Going To Be An All-Format Great”: Rohit Sharma’s Massive Prediction On India Star
- Two Domestic Cricket Tournaments In Pakistan Postponed Amid Ongoing Tensions With India
- IPL Star, Who Was Snubbed For Afg Tests, Joins India Squad As Net Bowler