Shankar Sharma Jokes Lenskart Valuation a 'Steal' Vs. Paytm, Nykaa IPOs

Описание: Amid fierce chatter over Lenskart's high valuation ahead of its IPO debut on Friday, veteran investor Shankar Sharma has weighed in with a sarcastic take, joking that the company's valuation is a "steal." Sharma's statement comes against the backdrop of growing concerns over Lenskart's valuation, pegged at around Rs 70,000 crore. Many have pointed out the company's high price-to-sales multiple exceeding 10x and a high price-to-earnings ratio of 230x.

#lenskart #ipo #paytm #nykaa #valuation

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