Investor skepticism clouds Lenskart IPO amid valuation concerns
pre-market1 source ↓written by the desknot a recommendation
- valued
- ₹70,000 cr
The Lenskart IPO, valued at ₹70,000 cr, faces growing investor distrust as concerns about a potential valuation bubble emerge. This skepticism is fueled by past losses from high-profile tech IPOs, raising questions about market capacity for expensive digital retail offerings. Oversubscription on day one indicates initial interest, but ongoing scrutiny may impact future demand.
Not investment advice. For informational purposes only.