Lenskart IPO: Eyewear retailer’s anchor book gets bids worth Rs 68,000 crore from top FIIs, domestic MFs: sources

Share This Post



Omnichannel eyewear retailer Lenskart’s anchor book has received bids worth Rs 68,000 crore, people briefed on the matter said. This is almost tenfold of Lenskart’s IPO size of Rs 7,300 crore.

The anchor book has received bids from foreign institutional investors such as BlackRock, Fidelity, Nomura and Singapore’s GIC.

Domestic investors and mutual fund houses including SBI Mutual Fund, ICICI Prudential, HDFC and Birla Sun Life have bid to pick up Lenskart shares ahead of its initial public offering, which launches Friday.

SBI Mutual Fund and Dmart promoter Radhakishan Damani have already bought Rs 190 crore worth of shares in pre-IPO secondary transactions from Lenakart cofounder Neha Bansal.



Source link

spot_img

Related Posts

AI Is a Godsend for Criminals Forging Fake Art

Illustration by Tag Hartman-Simkins / Futurism. Source: Willem...

How Much Water Does the A.I. Industry Use?

new video loaded: How Much Water Does the...

QNAP TurboStation TS-264-8G review: A powerful NAS with upgrade potential

At a glanceExpert's Rating Pros High transfer speed Compact design Many upgrade...

Google's year in review: 8 areas with research breakthroughs in 2025

This year saw new AI models, transformative products...

Google’s and OpenAI’s Chatbots Can Strip Women in Photos Down to Bikinis

Some users of popular chatbots are generating bikini...
spot_img