The ₹7,278.02 crore initial public offering (IPO) of SoftBank-backed eyewear startup Lenskart Solutions will be opening for subscription on Friday, October 31. The issue will close for bidding on November 4.

Price band for the issue has been fixed between ₹382 - ₹402 per share, with 10% of the IPO reserved for retail investors. One lot will involve 37 shares and will entail a minimum investment of ₹14,874 per lot.

The eyewear retailer is seeking a valuation of about ₹69,500 crore through its issue.

Here are some key risk factors for investors to know before the issue opens for subscription:

Import risk : The company sources some of its raw materials and frames from China, where it also operates a manufacturing facility via Boafeng Framekart Technology Ltd (JV – company holds 51% sta

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