Eyewear retailer Lenskart Solutions made a muted debut on Dalal Street today, with its shares listing at Rs 390 on the BSE, indicating a discount of 2.98%. Meanwhile, the stock listed at Rs 395 on the NSE as compared to the issue price of Rs 402 per share. The listing comes after a week of…
Ahead of the listing on Monday, Lenskart’s co-founder Peyush Bansal shared a note to shareholders, reflecting on the company’s 15-year journey from a small eyewear startup to a global omnichannel brand valued at nearly Rs 70,000 crore. The company’s shares are set to debut on the stock exchanges tomorrow, marking a milestone for the company….
The grey market premium (GMP) for eyewear retailer Lenskart Solutions has crashed to zero, wiping out all pre-listing excitement ahead of its market debut on Monday. The GMP, which had peaked at Rs 108, implying a listing pop of over 25% before the announcement of the IPO, has now collapsed, signalling that the counter may…