Will Lenskart’s Rs 7,278 crore IPO deliver long-term vision for investors?
ET Intelligence Group: Lenskart Solutions, an eyewear retailer, plans to raise ₹2,150 crore through a fresh issue to invest in new stores, cloud infrastructure and brand marketing as well as to fund acquisitions. It will also raise ₹5,128 crore through an offer for sale. The promoter group’s stake will fall to 17.7% after the IPO…