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Eyewear brand Lenskart is making its much-awaited stock market debut today after its initial public offering (IPO) closed on November 4.
Final day of bidding
On the last day of the IPO, which opened on October 31, investor demand was strong, with total bids reaching 28.26 times the number of shares available. The surge came mainly from qualified institutional buyers (QIBs) and non-institutional investors (NIIs).
As per BSE data, Lenskart received bids for 2,818.8 million shares against 99.7 million on offer.
- QIBs subscribed 40.3 times, bidding for…
