Share via:
Omnichannel eyewear retailer Lenskart has received the approval of its shareholders to raise INR 2,150 Cr ($248.7 Mn) through a fresh issue of shares as part of the initial public offering (IPO).
As per Lenskart’s filings with the MCA assessed by Inc42, the company’s fresh issue will also include a secondary offer for sale (OFS) component by existing investors.
The listing is subject to further corporate and other approvals.
CNBC TV18 reported the development first.
The overall IPO size is…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Omnichannel eyewear retailer Lenskart has received the approval of its shareholders to raise INR 2,150 Cr ($248.7 Mn) through a fresh issue of shares as part of the initial public offering (IPO).
As per Lenskart’s filings with the MCA assessed by Inc42, the company’s fresh issue will also include a secondary offer for sale (OFS) component by existing investors.
The listing is subject to further corporate and other approvals.
CNBC TV18 reported the development first.
The overall IPO size is…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi
