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Lenskart recovers from tepid open to close first day slightly above IPO price

Lenskart shares recovered after a soft start to finish slightly above the offer price on Monday, following the Indian eyewear retailer’s ₹72.8 billion ($821 million) IPO that sold out within hours but stirred debate over its valuation. The stock opened at ₹395, below the IPO price of ₹402, and fell as much as 11% to … Read more

Via shrugs off tepid open to end first day of trading slightly above IPO price

Investors took a cautious approach to transit software startup Via’s IPO on Friday, with shares opening below the company’s IPO price before recovering at end the day slightly higher.  The company, which initially filed confidentially for IPO in July, priced its IPO at $46 per share, raising $492.9 million. Those shares slipped to $44 when … Read more

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