Lenskart Solutions, India’s largest eyewear retailer, is in the final day of bidding for its Rs 7,278-crore initial public offering . Interest from investors has been firm so far. By the end of the second day, bids were placed for 20.11 crore shares, compared with the 9.97 crore shares available, taking total subscription to 2.02 times. While the bidding pace has been steady, the IPO’s grey market premium has slipped from nearly 21.14% earlier to about 14.7% now. At present, the GMP stands at about Rs 59 per share, translating to roughly a 14.5% premium over the upper end of the price band. This indicates an estimated listing price of around Rs 461 if current trends continue. Meanwhile, activity from individual investors led to the response. Retail Individual Investors subscribed
Lenskart IPO: GMP of eyewear giant slips on last day; what should investors do?
 The Times of India6 hrs ago
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