The primary market remains active today with several IPOs available for bidding. Lenskart Solutions and Studds Accessories are experiencing considerable interest from investors, while the allotment for Orkla India’s IPO is also anticipated to be concluded today. Lenskart Solutions is currently in the second day of its IPO bidding process, offering an IPO size of Rs 7,278 crore, with a price band set between Rs 382 and Rs 402 per share. The grey market premium (GMP) has increased by 21.14%, indicating strong demand despite concerns over high valuations. Today marks the final day for the Studds Accessories IPO, with the total issue size reaching Rs 455 crore and a price band of Rs 557 to Rs 585 per share.
The IPO will close today at 5 PM, and at the upper end, the company is valued at approximately Rs 2,300 crore. The Orkla India IPO, which includes spice brands MTR and Eastern, closed last Friday with a remarkable subscription rate of 48.74 times, and the allotment results are expected today. Investors can verify their allotment status on the BSE, NSE, or Kfin Technologies website. In other IPO news, Pine Labs has announced a price band for its IPO between Rs 210 and Rs 221 per share, with an issue size of Rs 3,900 crore, set to open from November 7 to November 11, 2025.
Additionally, Groww’s parent company, Billionbrains Garage Ventures, has priced its IPO between Rs 95 and Rs 100 per share, with a total issue size of Rs 6,632 crore, valuing the company at over Rs 61,700 crore ($7 billion). This IPO opens to the public on November 4, with a special one-day early window for retail investors on November 3.
