Kolkata: Lenskart IPO recorded a successful first day of the bidding process. On October 31, the first day of the application process, Lenskart Solutions IPO was subscribed 1.13 times overall — 1.32 times in the retail category, 1.42 times in QIB (Ex Anchor) category and 0.41 times in the NII. The IPO is designed to mop up Rs 7,278.02 crore from the market through a combination of fresh issue of 5.35 crore shares and OFS of 12.76 crore shares.

A virtual scramble was noticed in the anchor investor category with the company receiving applications for Rs 68,000 crore with 70 institutions placing bids. The list included names such as the Government of Singapore, Monetary Authority of Singapore, T Rowe Price, BlackRock, Fidelity, Nomura, Goldman Sachs, SBI Mutual Fund, ICICI Prudential MF, HD

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