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Lenskart IPO: Rs 7,278-crore issue fully subscribed on day 1; robust QIB, retail participation signal strong listing

Eyewear retailer Lenskart Solutions Ltd’s Rs 7,278-crore initial public offering (IPO) was fully subscribed on the first day of bidding on Friday, drawing strong interest from institutional and retail investors, according to exchange data.As per NSE data till 15:06 hours, the issue received bids for 10.58 crore shares against 9.97 crore shares on offer, translating…

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