Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
IPO-Bound Lenskart Nets INR 3,268 Cr From Anchor Investors
Ahead of its IPO, Lenskart raised ₹3,268.4 crore from 147 anchor investors, allocating shares at ₹402 apiece — the upper band of its price range. About 35% of shares were subscribed by domestic mutual funds, signaling strong market appetite. The allocation precedes its IPO, balancing fresh issue and offer-for-sale components, and reflects optimism about India’s consumer tech growth and the eyewear retailer’s profitability trajectory.