Why Lenskart’s IPO Fell on Listing Day| Lenskart IPO Lists 9% Lower Despite 20x Demand|Dhramesh Kant

Описание: Why Lenskart’s IPO Fell on Listing Day| Lenskart IPO Lists 9% Lower Despite 20x Demand|Dhramesh Kant

Lenskart’s much-awaited IPO listed 9% below issue price despite being 20 times oversubscribed.
At a valuation of 230x its profits, the company’s pricing has raised eyebrows across Dalal Street.
In this interview, Dharmesh Kant, Head of Research at Cholamandalam Securities, breaks down what went wrong with the listing, why valuations are too stretched, and whether investors should buy the dip.

He also compares Lenskart’s debut with Nykaa’s IPO story, explains the risks of overpricing, and discusses how future competition from Reliance’s Jio Frames could pressure margins and valuations further.

#lenskart #ipo #stockmarket #businessnews #investing #valuation #india

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