03 Nov 2025 | 5 Mins Read
Lenskart IPO sees strong subscription on Day 2, defying falling GMP
Flipitmoney
Lenskart's Rs 7,278-crore IPO continues to attract strong investor interest, with nearly 146% subscription on Day 2, driven by retail investors (224%), Qualified Institutional Buyers (142%), and Non Institutional Investors (102%). Lenskart aims to raise a valuation of around Rs 70,000 crore, sparking valuation concerns despite solid business fundamentals.