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VERIFIEDET Markets·neutral
From IPO mockery to Rs 1 lakh crore m-cap: Why investors are still betting on Lenskart’s vision
AI Summary
- ·Lenskart's IPO valuation faced criticism due to its 230x P/E and 10.5x sales multiples.
- ·Retail investors questioned the Rs 70,000-crore valuation on social media.
- ·The debate over Lenskart's valuation has shifted significantly in less than a year.