India, Oct. 29 -- Eyewear giant Lenskart has raised an investment of INR 100 Cr ($11.3 Mn) in its pre-IPO round from SBI Optimal Equity Fund (AIF) and SBI Emergent Fund (AIF). As part of the transaction, Lenskart promoter Neha Bansal has transferred 24.88 Lakh equity shares or 0.15% stake in the company to the investor at a price of INR 402 apiece.
Following this transaction, Bansal now holds 7.46% stake in the company.
This marks the second pre-IPO investment that the company has raised in recent days. Earlier last week, DMart founder Shrikanta Damani bought shares worth INR 90 Cr in Lenskart from Bansal .
Lenskart's initial public offering (IPO) is set to open on Friday and subsequently close on November 4. The IPO comprises a fresh ...
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.