India, Nov. 3 -- Lenskart's IPO continued to see strong investor interest during the early hours of bidding on the second day. The public issue was subscribed 1.68X as of 13:18 IST, receiving cumulative bids for 16.80 Cr shares as against 9.98 Cr shares on offer.

Retail investors continued to lead the fray on Day 2, with their quota oversubscribed 2.77X. These investors placed bids for 5 Cr shares against 1.81 Cr shares earmarked for them.

The portion reserved for Lenskart's employees was oversubscribed 2.23X, receiving bids for 8.72 Lakh shares against 3.92 Lakh shares reserved for them.

Meanwhile, qualified institutional buyers (QIBs) maintained a strong interest in the public issue, oversubscribing their quota 1.49X. They placed bid...