Eyewear giant Lenskart’s initial public offering (IPO) has continued to see a robust response from investors, with the issue being subscribed 5.3 times by the third day of bidding. The strong interest highlights investor confidence in the company’s growth trajectory, brand recognition, and expanding presence across India and international markets.
According to data available from stock exchanges, the public issue received bids for over 61.2 crore shares against the 1.15 crore shares on offer, as of 3 PM on Tuesday. The retail investor segment led the demand, while qualified institutional buyers (QIBs) and non-institutional investors (NIIs) also showed significant enthusiasm, adding to the m
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