Allotment of shares for Lenskart Solutions Ltd’s IPO will be finalised today for investors who subscribed to the issue. The eyewear company witnessed strong demand across investor categories, despite concerns among analysts about its high valuation.
Lenskart’s IPO, which opened for subscription on October 31 and closed on November 4, saw overwhelming investor participation with an overall subscription of 28.27 times.
advertisement
According to stock exchange data, the IPO was subscribed 7.56 times in the retail category, 40.36 times in the Qualified Institutional B
Continue Reading on India Today
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.