Lenskart IPO: Ahead of listing, GMP plunges 70%; what analysts are saying

Lenskart's IPO grey market premium has plummeted by 70% ahead of its listing, raising concerns about substantial listing gains despite strong oversubscription. While the company boasts a robust business model and impressive financial growth, elevated valuations and subdued secondary market conditions are prompting caution among investors and market observers. https://ift.tt/bYWhJQz