Lenskart IPO: Ahead of its listing on the stock exhchanges, Lenskart’s grey market premium (GMP) has crashed by a huge 70%, making investors wonder whether the stock will list at any substantial gains. The Rs 7,278 crore public offering, amongst 2025's major consumer sector listings, attracted bids exceeding Rs 1 lakh crore, achieving 28.3 times oversubscription. Qualified institutional buyers showed particular interest, with their segment oversubscribed 45 times, demonstrating robust support from domestic and international funds. The non-institutional segment achieved 18 times subscription, whilst retail investors participated at 7.5 times, notable given the substantial investment requirement and valuation considerations. Exchange data reveals bids for 281 crore shares against 9.97 c

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