India, Nov. 4 -- Thee Grey Market Premium (GMP) of Lenskart Solutions has remained largely firm, hinting at a strong investors' confidence on the final day of subscription on Tuesday, media reports said.

Though the current GMP is positive, it has recorded a slump since the subscription started on October 31.

On October 31, the GMP of the company was Rs. 95.

According to a report by CNBC TV 18, the eyewear brand has recorded decent investor interest on the first two days of bidding.

However, the analysts caution that GMP is merely an indication of the market mood and it may swing either way before listing, which is scheduled for November 10.

At the upper price band, valuation of the company has been estimated at about Rs. 69,700 crore...