India, Oct. 31 -- Update | October 31, 17:43 IST

Lenskart's IPO saw strong investor interest and was subscribed 1.13X on the first day of bidding. The public issue received cumulative bids for 11.2 Cr shares as against 9.9 Cr shares available for subscription.

Qualified institutional buyers (QIBs) showed the highest interest in the public issue, with the portion reserved for them subscribed 1.42X. They placed bids for 7.7 Cr shares against 5.4 Cr shares on offer.

The portion reserved for retail investors was subscribed 1.3X, receiving bids for 2.3 Cr shares against 1.8 Cr shares on offer.

The employee portion was oversubscribed 1.1X, getting bids for 4.3 Lakh shares compared to 3.9 Lakh shares reserved for them.

However, non-institut...