18 Nov 2025 | 3 Mins Read
Bankers reap Rs 474 crore on Lenskart, others' market debut
Flipitmoney
Four high-profile Indian startups, Lenskart Solutions, Billionbrains Garage Ventures, PhysicsWallah, and Pine Labs, spent Rs. 474 crore on merchant banking fees for their recent IPOs. Groww spent the most at Rs. 151 crore, while Pine Labs' total offer expenses were Rs. 194 crore, 5% of its issue size.