Eye-wear retailer Lenskart 's initial public offering (IPO) opened for public bidding today, October 31. The Rs 7,278-crore public issue has been subscribed 4 percent on Day 1 so far.

The maiden public issue of the company received bids for more than 42 lakh shares, as against the offer size of 9.98 crore shares, according to data on NSE at 10.20 am. Retail investors have booked 17 percent of their reserved portion. Non Institutional Investors (NII) subscribed 4 percent of the portion kept for them. Qualified Institutional Buyers (QIBs) are yet to put any substantial bid for the IPO.

About Lenskart IPO:

Lenskart has launched its IPO to raise Rs 7,278 crore through a fresh issue of shares worth Rs 2,150 crore, and an offer for sale of 12.75 crore shares. The IPO will remain open for pu

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