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Consecutive weak listings by Studds Accessories and Orkla India have dimmed India's IPO frenzy, even as analysts flag valuation concerns and a cooling in grey market sentiment
The stock market will see three major listings, including Groww, Pine Labs, and Lenskart, marking another active week for investors
Updated On: Nov 07 2025 | 4:09 PM ISTLenskart IPO witnessed decent investor interest, achieving an overall oversubscription of 17.5 times, driven largely by strong participation from QIBs
Updated On: Nov 07 2025 | 3:12 PM ISTLenskart's AI-powered smartglasses "B by Lenskart" will feature a Google Gemini 2.5-based assistant, Qualcomm's AR1 Gen 1 chip, built-in camera, UPI payments, and more
Updated On: Nov 06 2025 | 3:42 PM ISTTechnology investor SoftBank Group has once again trimmed its holding in Lenskart Solutions, selling nearly a 2.6 per cent stake in the eyewear retailer for Rs 2,888 crore through open market transactions on Monday. In June, SoftBank sold a 3.25 per cent stake in Lenskart for Rs 2,873 crore. In the latest transaction, Japan-based SoftBank Group, through its affiliate SVF II Lightbulb (Cayman) Ltd, offloaded a total of 4.5 crore equity shares in 22 tranches, amounting to a 2.58 per cent stake in Gurugram-based Lenskart, as per the block deal data on the BSE. The shares were sold at an average price of Rs 641.75 apiece, taking the combined deal size to Rs 2,887.87 crore. The latest transaction brought SoftBank's holding in Lenskart down to 7.28 per cent from 9.86 per cent, although it remains the second-largest public shareholder in the eyewear firm. Platinum Jasmine A 2018 Trust, an arm of Abu Dhabi Investment Authority, continues to be the largest public shareholder of Lenskart wi