How To Check Lenskart IPO Allotment Status — GMP Declines Ahead Of Listing

IPO GMP Today, Allotment Status And Listing Price Live Updates: Billionbrains Garage Ventures, the parent company of stock broking firm Groww, is witnessing its second day of bidding today, November 6. The issue has been fully subscribed on Day 2. However, its grey market premium (GMP) has fallen to 13% on Thursday, compared with nearly 15% on Wednesday.

Meanwhile, Orkla India, which owns spices and condiments brands MTR and Eastern, on Thursday made a muted market debut with its shares being listed at a premium of nearly 2.75 per cent at Rs 750 apiece, compared with the IPO issue price of Rs 730 apiece. Later, the shares declined into the red to trade nearly 1% lower than the issue price at Rs 722, as of 10:16 am.

Also, investors await the Lenskart IPO allotment, which is going to be finalised today. The IPO was opened on October 31 and closed on November 4. It received a strong demand with a 28.27x subscription in the three-day window, garnering bids for 2,81,93,62,630 shares as against the 9,97,42,748 shares on offer. Shares of Lenskart Solutions are expected to be listed on the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) on Monday, November 10.