Lenskart’s $821 Million IPO Debut Falters Before Shares Rebound
Key points Elevated Lenskart $821 million through its initial public offering on the Indian stock exchanges in Rs 402 per share. The initial public offering was 28 times oversubscribeddriven by mutual funds and global institutional investors. Shares opened below issue price and fell 12%later recovered to trade nearby $412. The listing valued Lenskart at approximately…