Overview
- Lenskart confirmed the basis of share allotment on November 6, with demat credits and refunds expected to reflect from November 7.
- The IPO drew bids worth about Rs 1.13 lakh crore and was subscribed 28.26 times, led by QIB demand of roughly 40 times.
- The Rs 7,278.02 crore offer comprised a Rs 2,150 crore fresh issue and an OFS of about Rs 5,128 crore at a price band of Rs 382–402 with a lot size of 37 shares.
- A BSE circular showed 81.3 million shares placed with anchor investors at Rs 402 each, including GIC, T. Rowe Price, BlackRock, Goldman Sachs, Fidelity, Nomura, JP Morgan and Amundi.
- Recent grey-market quotes have slid to roughly Rs 34–45 above the issue price, indicating a modest 7–11% expected listing gain ahead of the November 10 debut on BSE and NSE.