Lenskart is expected to file its red herring prospectus (RHP) in the week of October 22 and plans to list on the stock exchanges no later than November 12, a source told Moneycontrol
The funds are likely to be utilised for absorbing incremental credit costs owing to the merger of Tata Motors Finance with Tata Capital.
Borana Weaves' unlisted shares were trading with a GMP of 24% over IPO price, while those of Belrise Industries were trading with 11% GMP over IPO price, as per Investorgain.
Expressing concerns over a fast-growing grey market in the financial sector, Sebi chief U K Sinha today called for a single watchdog to regulate all entities collecting public money under various illegal means.
It is the first big ticket IPO of 2012 and today, India's leading commodity exchange – the MCX will list its shares expectedly at a premium on the bourses.