If you have ever seen a Shark Tank episode, one question that judges often pose to the aspiring new entrepreneurs is the valuation of their businesses. Well, the tables have turned for one of the erstwhile Shark Tank judges—Peyush Bansal. Yes, you guessed it right—we are discussing the Lenskart IPO pricing and what the valuations mean for retail investors. The street is now questioning the rationale.

As Lenskart Solutions readies to launch the IPO tomorrow, October 31, the company is seeking a valuation of Rs 70,000 crores in terms of market capitalisation. Now, this valuation is based on trailing numbers. This translates into a price-to-earnings ratio of over 230 times and more than 10 times its sales.

Lenskart IPO: Peyush Bansal on valuation

Justifying the pricing, Peyush Bansal,

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