Shares of Lenskart Solutions made their much-anticipated debut on Dalal Street at a discount of 3% to the issue price on Monday, November 10, marking a subdued market debut for the eyewear retailer amid concerns over stretched valuations.

The stock opened at ₹395 on the National Stock Exchange (NSE), lower than the issue price of ₹402. On the BSE, it listed at ₹390, down 2.98%.

Shares of Lenskart fell as much as 11% in the first few minutes of their trading debut on Monday. The stock has since rebounded over 12% from its opening lows to climb back above the ₹400 mark.

Lenskart's grey market premium (GMP), which earlier stood at ₹95, implying potential listing gains of around 24% when the issue opened for subscription, had collapsed ahead of the debut, signalling a muted listing despite

See Full Page