Lenskart Solutions IPO: Peyush Bansal-led eyewear products maker's IPO will close on November 4. (Image: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed
The Initial Public Offering (IPO) of Lenskart Solutions Ltd., which opened on Friday, was fully subscribed, with investors bidding for 11,23,58,344 shares against the 9,97,61,257 on offer. The grey market premium (GMP) for the IPO continues to remain volatile, but has shown gains after the public issue was fully subscribed on Day 1. Previously, the grey market premium saw a sharp drop due to concerns over the eyewear company’s steep valuation, which is pegged at around Rs 70,000 crore, and which many analysts find stretched.
Here's all you need to know about the Lenskart IPO, including the latest grey market

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