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Lenskart IPO allotments updated, listing set for November 10
Lenskart IPO allotment released; ₹7,278 crore issue opens strong investor demand, listing scheduled November 10, supporting expansion and tech development.
The Lenskart initial public offering (IPO), worth ₹7,278 crore, updated its allotment status on November 6 morning, ahead of the scheduled listing on November 10. Retail and institutional investors showed robust participation, reflecting strong market appetite for consumer-focused tech brands. Analysts anticipate potential listing gains, citing Lenskart’s expansion, omni-channel strategy, and brand recognition. The IPO proceeds will support store expansion, technology enhancements, and working capital requirements. Market watchers consider this one of India’s largest consumer tech IPOs in recent years, signaling sustained investor confidence in established growth companies.