Lenskart IPO fully subscribed on first day of bidding
pre-market1 source ↓written by the desknot a recommendation
- IPO was fully
- ₹7,278-crore
- shares
- 10.58 crore
- on offer
- 9.97 crore
- subscribing
- 1.42 times
- their quota
- 1.12 times
Lenskart’s ₹7,278-crore IPO was fully subscribed on Day 1, with bids for 10.58 crore shares against 9.97 crore on offer. Qualified Institutional Buyers led demand, subscribing 1.42 times, while retail investors bid 1.12 times their quota. The IPO is open until 4 Nov 2023 and values Lenskart at over ₹69,700 crore.
Not investment advice. For informational purposes only.