Lenskart’s IPO subscribed nearly 30 times

Share via:


Omnichannel eyewear retailer Lenskart’s IPO drew strong interest from retail investors, despite valuation concerns, with the issue subscribed nearly 30 times.

The IPO was open for subscriptions from October 31 to November 4, with a price band of Rs 382–402 per equity share and  minimum investment of Rs 14,874 and in multiples thereafter.

According to its RHP, the Gurugram-based company plans to raise Rs 2,150 crore through a fresh issue and Rs 5,028 crore via an offer for sale (OFS), valuing the company at around Rs 70,000 crore ($8 billion). 



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.

Popular

More Like this

Lenskart’s IPO subscribed nearly 30 times


Omnichannel eyewear retailer Lenskart’s IPO drew strong interest from retail investors, despite valuation concerns, with the issue subscribed nearly 30 times.

The IPO was open for subscriptions from October 31 to November 4, with a price band of Rs 382–402 per equity share and  minimum investment of Rs 14,874 and in multiples thereafter.

According to its RHP, the Gurugram-based company plans to raise Rs 2,150 crore through a fresh issue and Rs 5,028 crore via an offer for sale (OFS), valuing the company at around Rs 70,000 crore ($8 billion). 



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Bitwise to Acquire Chorus One as Crypto Staking Demand...

Bitwise Asset Management is reportedly acquiring institutional staking...

Y Combinator to add stablecoin payout for startups in...

The stablecoin payout option will be available to...

Kakao Bank posts record 2025 profit on fee-based growth

Kakao Bank added 1.8 million users, reaching 26.7...

Popular

iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista melhor iptv portugal lista best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv iptv