India, Oct. 31 -- Omnichannel eyewear retailer Lenskart's IPO saw a strong start, with the issue getting subscribed 18% within the first few hours.

Retail investors led the charge, with the portion reserved for them seeing 73% subscription. They placed bids for 1.3 Cr shares against 1.8 Cr shares on offer.

The employee portion followed next, witnessing a 62% subscription. Employees bid for 2.4 Lakh shares compared to 3.9 Lakh shares reserved for them.

Meanwhile, the non-institutional investors (NIIs) category recorded a 16% subscription, receiving bids for 44.5 Lakh shares against 2.7 Cr shares available for bidding.

Qualified institutional buyers (QIBs) placed bids for a negligible 23,384 shares as against 5.4 Cr share on offer.

The...