What is the story about?
Lenskart's entry into the stock market was closely watched. The stock began trading at ₹395, a slight dip from the IPO price of ₹402. This article provides a concise overview of the company's initial market performance.
Initial Listing Overview
The Lenskart IPO, a significant event, witnessed its shares begin trading on the stock market. The stock started at ₹395, reflecting the opening trading price
of the shares. This price was 1.7% less than the ₹402 per share that had been established during the IPO issuance. The discrepancy between the listing price and the issue price suggests the initial market valuation did not fully align with the initial expectations set during the IPO. This information serves as a crucial starting point for examining Lenskart's market entry.
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