The stock listed at ₹395 apiece on the National Stock Exchange (NSE), reflecting a discount of 1.74% against the IPO issue price of ₹402 per share. On the BSE, the scrip started trading at ₹390, down 2.99% from the issue price. Lenskart share price: Here's how much investors gained per lot A lot consisted of 37 shares. Investors who secured Lenskart IPO allotment saw the value of their investment drop to ₹14,615 per lot. The ₹7,278.02 crore book-building issue consisted of a fresh issuance of ₹2,150 crore and an offer for sale component of ₹5,128.02 crore by promoters and existing investors. The promoters offloading their stake under the OFS include Peyush Bansal, Neha Bansal, Sumeet Kapahi and Amit Chaudhary. Additionally, investors Kedaara Capital Fund II LLP, SVF II Lightbulb (Cayman) Ltd, Macritchie Investments Pte Ltd, PI Opportunities Fund-II, Alpha Wave Ventures LP and Schroders Capital Private Equity Asia Mauritius Ltd are also divesting shares. The fresh issue proceeds will be utilised for the following objectives: The initial share sale was subscribed 28.26 times, attracting bids for 2,81,88,45,777 shares against 9,97,61,257 shares on offer, according to NSE data. Prior to the IPO, the company allotted shares aggregating to ₹3,268 crore in the anchor round to investors, including the Monetary Authority of Singapore, the Government of Singapore, Fidelity, Nomura, BlackRock, T Rowe Price, Goldman Sachs, SBI Mutual Fund (MF), HDFC MF, ICICI Prudential MF, Kotak MF and Aditya Birla Sun Life MF. Lenskart Solutions Ltd is a technology-enabled eyewear company with integrated operations across designing, manufacturing, and retailing of prescription eyeglasses, sunglasses and contact lenses. It follows a direct-to-customer (D2C) business model, selling products under its own brands and sub-brands via both online and offline platforms.

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