Issue Oversubscribed 5.3X On Day 3 So Far

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SUMMARY

Non-institutional investors showed the highest interest on Day 3, as they placed bids for 21.41 shares against 2.71 Cr shares earmarked for them

The public issue will close today and the company’s shares are expected to list on the exchanges on November 10

Lenskart’s INR 7,278 Cr IPO comprises a fresh issue of up to INR 2,150 Cr and an OFS component of up to 12.76 Cr shares

Omnichannel eyewear retailer Lenskart’s IPO continued to see strong investor interest on the final day of bidding and was subscribed 5.25X…



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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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Issue Oversubscribed 5.3X On Day 3 So Far


SUMMARY

Non-institutional investors showed the highest interest on Day 3, as they placed bids for 21.41 shares against 2.71 Cr shares earmarked for them

The public issue will close today and the company’s shares are expected to list on the exchanges on November 10

Lenskart’s INR 7,278 Cr IPO comprises a fresh issue of up to INR 2,150 Cr and an OFS component of up to 12.76 Cr shares

Omnichannel eyewear retailer Lenskart’s IPO continued to see strong investor interest on the final day of bidding and was subscribed 5.25X…



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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