Lenskart’s Rs 7,278-crore IPO receives bids worth more than Rs 1 lakh crore
NEW DELHI: The initial public offering (IPO) of eyewear major Lenskart Solutions received 28.26 times subscription on the final day of bidding, highlighting confidence investors have in the Indian primary market and in the company despite valuation concerns. The Rs 7,278-crore IPO received bids for over 281 crore shares at the end of Tuesday’s bidding session, as against 9.97 crore shares on offer, as per BSE data.
