SBI Mutual Fund invests ₹100 crore in Lenskart pre-IPO
pre-market1 source ↓written by the desknot a recommendation
- in eyewear retailer
- ₹100 crore
- ahead
- ₹7,278 crore IPO
- pre-IPO stake purchase
- ₹90 crore
SBI Mutual Fund has invested ₹100 crore in eyewear retailer Lenskart ahead of its ₹7,278 crore IPO. This investment follows Radhakishan Damani's ₹90 crore pre-IPO stake purchase. The funds will support Lenskart's expansion, tech upgrades, and brand growth, potentially boosting investor confidence ahead of the IPO.
Not investment advice. For informational purposes only.