The ₹7,278 crore IPO of Lenskart Solutions Ltd. received an overwhelming response, being subscribed 28.26 times during its bidding period from October 31 to November 4. The share allotment status is expected to be finalised on Thursday, November 6, with listing scheduled for Monday, November 10, on NSE and BSE.
According to exchange data, the IPO received bids for 281.88 crore shares against 9.97 crore shares on offer.
Retail investors: 7.54 times subscribed
Non-Institutional Investors (NIIs): 18.23 times subscribed
Qualified Institutional Buyers (QIBs): 40.35 times subscribed
The IPO included a fresh issue of 5.35 crore shares worth ₹2,150 crore and an offer-for-sale (OFS) of 12.76 crore shares valued at ₹5,128.02 crore.
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Lenskart intends to use the IPO proceeds to expand its retail presence, upgrade technology infrastructure, and allocate funds for marketing and general corporate purposes.
Visit the BSE Allotment Page
Select ‘Equity’ as the issue type
Choose ‘Lenskart Solutions Ltd’ from the dropdown menu
Enter your application number and PAN
Click ‘Search’ to view allotment details
Select ‘Lenskart Solutions Ltd’ from the list of companies
Note: Shares will be credited to Demat accounts on November 7, and refunds for non-allottees will be processed the same day.
Lenskart shares are scheduled to list on NSE and BSE on November 10.
Founded in 2010, the company operates 2,137 stores in India and 669 outlets globally, making it one of India’s largest omnichannel eyewear retailers.
Click here to explore: Lenskart IPO
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