Lenskart's ₹7,278cr IPO oversubscribed 28x: What to expect
Lenskart's IPO just wrapped up with huge demand—oversubscribed by over 28 times and nearly ₹1.13 lakh crore in bids for shares priced between ₹382-402.
The company raised ₹7,278 crore, with big investors leading the rush and retail folks also joining in.
Lenskart's business in a nutshell
Lenskart is India's top prescription eyewear retailer by volume, running 2,700+ stores across India and abroad.
They focus on affordable glasses using a direct-to-customer approach—think online and offline—with centralized manufacturing for faster delivery.
Listing on November 10; check status online
Lenskart shares start trading on BSE and NSE on November 10.
The gray market hints at a listing price around ₹447 per share (about 11% above the highest offer price).
If you applied, check your allotment status online; refunds and share credits begin November 7.