Breaking: லென்ஸ்கார்ட் IPO ஏமாற்றம்.. 3% சரிவுக்கு 3 காரணம்..? 2 மணிநேரத்தில் கதை மாறியது..!!
Lenskart’s much-hyped Rs.70,000 Cr IPO listed at Rs.390 on NSE, down 3% from Rs.402 upper band, despite 28x subscription and 45x institutional bids. GMP crashed from Rs.108 to zero pre-debut, signaling hype fade. Analysts blame 10.1x EV/Sales valuation exceeding peers like Titan, one-time Owndays profit inflating FY25 Rs.297 Cr earnings, and Q1FY26’s thin 2.8% margins. Investor fatigue in overpric
