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IPO a pit stop in a longer journey, have to create value for stakeholders: Lenskart CEO Peyush Bansal

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Peyush Bansal, cofounder and chief executive of omnichannel eyewear retailer Lenskart, said listing the company is ticking one of the boxes in a long to-do list.

In a fireside chat with ET’s Samidha Sharma, Bansal thanked the investors as the initial public offering of Lenskart was fully subscribed on the very first day.

The Lenskart IPO was subscribed 1.12 times by the close of bidding on Friday, with bids for 11.2 crore shares against the almost 9.98 crore on offer. Institutional buyers, who usually apply on the last day of the IPO, led the demand,…

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