New Delhi, Nov. 3 -- The initial public offering of Lenskart Solutions Ltd, an eyewear retailer, received a positive response on its first day of bidding on Friday, fueled by the interest of institutional buyers and retail investors. Lenskart IPO subscription status was 1.13 times on Day 1.

The public offering (IPO) for Lenskart Solutions will accept subscriptions from October 31 to November 4. Lenskart IPO price band has been set between Rs.382 and Rs.402 per share, targeting a valuation of over Rs.69,700 crore at the upper limit. Lenskart IPO GMP today stands at Rs.85.

The initial public offering from Lenskart consists of a fresh issuance of shares worth Rs.2,150 crore, along with an offer for sale (OFS) of 12.75 crore equity shares f...