Lenskart IPO Day 1: The Rs 7,278.02 crore initial public offering (IPO) of Peyush Bansal's Lenskart Solutions opened for subscription on Friday, October 31. Backed by SoftBank, India’s largest eyewear retailer's IPO was fully subscribed on Day 1, led by demand from institutional and retail investors. As of 3:16 pm on the BSE, the issue was subscribed nearly double (1.06 times) overall. The Rs 7,278-crore IPO received bids for 10,58,90,004 shares against 9,97,61,257 shares on offer, translating into 1.06 times subscription, as per NSE data till 15:06 hours, PTI reported.

Lenskart IPO: QIB, retail investors

The Qualified Institutional Buyers (QIB) segment drove early interest at 1.42 times subscription, followed by retail investors at 1.13 times (nearly 1.5 times). The employee portion sa

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