Two Mega Digital IPOs: Lenskart (₹7,500–8,000 cr) and Groww (₹7,000 cr) Poised for November
Lenskart: what’s confirmed Groww: what’s lined up What to watch next
Lenskart: what’s confirmed Groww: what’s lined up What to watch next
Key listing details What to watch at open
Offer snapshot What to watch next FAQs
Key details at a glance What to watch next FAQs
Offer snapshot Business snapshot Founded in 2016, Wakefit is a D2C leader in mattresses and home furniture, scaling from online mattresses to a wider portfolio including beds, sofas, wardrobes, tables, and home decor, with a growing offline COCO store network and pan‑India logistics. The brand emphasizes in‑house manufacturing and direct distribution to keep price‑to‑value strong
Offer snapshot Business and scale Founded in 2008, Lenskart runs an omni‑channel eyewear platform with over 2,000 global stores, integrating online discovery, in‑store fittings, and vertically integrated manufacturing and lens tech. The Indian eyewear market is projected to grow at a ~13% CAGR to FY2030, outpacing global growth, with prescription eyewear the largest segment by
Midwest Limited, incorporated in 1981, is engaged in exploration, mining, processing, marketing, distribution, and export of natural stones, and is a leading producer and exporter of Black Galaxy Granite known for its distinctive golden flakes. Midwest Ltd. IPO Mainboard book‑built issue (Fresh + Offer for Sale + Employee) UPCOMING IPO IPO Window Oct 15 –
Offer snapshot Use of proceeds (fresh issue) Business overview and scale Founded in 1981, Midwest focuses on natural stone exploration and processing (granite, marble, limestone, travertine) with diversification into mining, including overseas assets; it is among India’s sizable stone exporters with 1,600+ employees and proposed mainboard listing, per company and aggregator summaries. Industry outlook for
What happened at listing Shares opened at ₹81.5–₹82.5 versus the ₹128–₹135 band, a 39–40% cut to issue price on NSE/BSE, far below the grey market’s near-par expectations around ₹132, signaling a late slide in sentiment and order depth. Category demand was adequate but not euphoric—overall 3.86–3.88x with NIIs ~7.39x, QIBs ~3.97x, and retail ~2.75x—leaving little
LG Electronics India: Day 2 picture Tata Capital: Day 3 picture What this means near term Key dates at a glance FAQs
Investment view Brokerages broadly recommend “Subscribe,” citing leadership across home appliances and consumer electronics, a vast offline network, and consistent financial momentum; grey-market premium near 24–28% implies a constructive debut setup, though GMP is unofficial and volatile. The offer is a 100% OFS by the Korean parent, so no primary cash enters the India entity;