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New Delhi, Nov 4 (PTI) The initial public offer of Lenskart Solutions Ltd received 7.40 times subscription so far on the final day of its share sale on Tuesday.
The Rs 7,278-crore IPO got bids for 73,79,49,978 shares against 9,97,61,257 shares on offer, according to NSE data till 13:42 hours.
Among the investor categories, non-institutional investors part garnered 10.21 times subscription, while the portion for qualified institutional buyers (QIBs) got subscribed 6.60 times. The category for retail individual investors (RIIs) fetched 5.65 times subscription.
The eyewear firm has fixed a price band of Rs 382-402 per share for the IPO, targeting a valuation of over Rs 69,700 crore at the upper end.
Lenskart’s public offering has a fresh issue of shares worth Rs 2

 News 18 India

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