ETtech Explainer: Inside Lenskart’s upcoming Rs 8,000-crore IPO

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When omnichannel eyewear retailer Lenskart launches its initial public offering (IPO) next month, it could be among India’s largest new-age listings. While the issue would be a big milestone for the 15-year-old company that’s gone through several ups and downs, it will also be a big moment for India’s consumer internet sector — testing investor appetite for homegrown, digital-first brands.

IPO details

The total size of the IPO, which includes both fresh shares and an offer for sale (OFS) component, is expected to be between Rs 7,500 and Rs…



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ETtech Explainer: Inside Lenskart’s upcoming Rs 8,000-crore IPO



When omnichannel eyewear retailer Lenskart launches its initial public offering (IPO) next month, it could be among India’s largest new-age listings. While the issue would be a big milestone for the 15-year-old company that’s gone through several ups and downs, it will also be a big moment for India’s consumer internet sector — testing investor appetite for homegrown, digital-first brands.

IPO details

The total size of the IPO, which includes both fresh shares and an offer for sale (OFS) component, is expected to be between Rs 7,500 and Rs…



Source link

Disclaimer

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.

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