SBI Invests ₹100 Cr in Lenskart Pre-IPO

• SBI MF invests ₹100Cr in Lenskart pre-IPO; Neha Bansal sells shares. (82 Chars)
• Lenskart IPO opens Oct 31, price ₹382-₹402, valuation over ₹69,700 Cr. (89 Chars)
• IPO includes ₹2,150Cr fresh issue and OFS by promoters/investors. (89 Chars)

New Delhi: SBI Mutual Fund has invested Rs 100 crore in eyewear retailer Lenskart Solutions in a pre-IPO (initial public offering) funding round.As part of the transaction, Neha Bansal, one of the promoters,

transferred 24.87 lakh equity shares at Rs 402 apiece to SBI Optimal Equity Fund (AIF) and SBI Emergent Fund AIF, Lenskart said in a public announcement on Wednesday.