RetailPre-market
Lenskart IPO debut signals muted grey market premium
pre-market1 source ↓written by the desknot a recommendation
- Monday
- ₹7,278 cr IPO
- to just
- ₹108
- to just
- ₹6.50
- indicating
- 94% decline
- subscribed overall
- 28.30 times
Lenskart Solutions is set to debut on the stock market on Monday after a ₹7,278 cr IPO. However, the grey market premium has dropped significantly from ₹108 to just ₹6.50, indicating a 94% decline. Despite this, the IPO was 28.30 times subscribed overall, with 45 times from institutional buyers, reflecting strong demand despite the muted market sentiment.
Not investment advice. For informational purposes only.