New Delhi, Oct. 27 -- Lenskart Solutions, an eyewear retailer, is set to launch its initial public offering (IPO) on Friday, October 31. Lenskart IPO price band has been fixed in the range of Rs.382-402 apiece, for which investors can apply for a minimum of 37 equity shares and multiples thereafter. The three-day bidding for the issue will conclude on Tuesday, November 4.
The company plans to raise Rs.2,150 crore via fresh issue and IPO also includes an offer for sale (OFS) of up to 12.76 crore shares by present investors, which is less than the 13.2 crore shares mentioned in the draft papers.
The OFS will involve participation from both the promoters and institutional investors. Founder and CEO Peyush Bansal is set to sell up to 2.05 c...
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