India, Nov. 4 -- Omnichannel eyewear retailer Lenskart's IPO continued to see strong investor interest on the final day of bidding and was subscribed 5.25X as of 12:35 IST. The public issue received bids for 52.93 Cr shares against 9.97 Cr shares on offer.
Non-institutional investors (NIIs) showed the highest interest on Day 3, as they placed bids for 21.41 shares against 2.71 Cr shares earmarked for them. This translated to an oversubscription of 7.91X.
Retail investors followed suit, with their quota oversubscribed 5.10X. They placed bids for 9.20 Cr shares against 1.80 Cr shares earmarked for them.
The qualified institutional buyers' (QIBs) portion was oversubscribed 4.42X, receiving bids for 23.97 Cr shares against 5.42 Cr shares a...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.