Overview
- Lenskart’s book was bid about 1.85 times by Monday afternoon, with retail around 3x, QIBs near 1.6x and NIIs roughly 1.5x, per exchange and broker tallies.
- Grey‑market premiums for Lenskart swung widely on Monday, with trackers citing roughly Rs 57–85 versus near Rs 95 on Friday, a sentiment gauge that is unofficial and volatile.
- Lenskart raised about Rs 3,268 crore from 147 anchor investors at Rs 402 per share; allotment is slated for Nov. 6 and listing is tentatively set for Nov. 10 on NSE and BSE.
- Analysts flag a rich valuation near Rs 70,000 crore at the top of the band, implying P/E well above 200x, leading many brokerages to suggest only long‑term or high‑risk investors subscribe.
- Groww’s Rs 6,632.3 crore IPO opens Nov. 4 in the Rs 95–100 band, with a recent GMP near Rs 15 (~15%); allotment is expected Nov. 10 and listing is targeted for Nov. 12.