Lenskart IPO fully subscribed on Day 1-will investors still see value at 260x earnings?

A Mint analysis of seven listed consumer-tech peers shows that, in terms of price-to-sales ratio, Lenskart sits squarely in the middle of the pack. Its entry valuation tops FSN E-Commerce Ventures’ (Nykaa) 9x multiple but trails PB Fintech (Policybaz…

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