Orkla India vs Lenskart vs Studds Accessories IPO: What we know so far

The initial public offerings of Orkla India, Studds Accessories and Lenskart Solutions will open for subscription this week. The three mainboard IPOs are looking to collectively raise ₹9,401.05 crore.

Shares of these issues will be listed on the National Stock Exchange (NSE) and BSE.

Orkla India vs Lenskart vs Studds Accessories IPO

• Orkla India IPO, which is open from October 29 to October 31, is seeking to raise ₹1,667.54 crore via solely an offer for sale (OFS) of 22,843,004 shares by Orkla Asia Pacific Pte Ltd, Navas Meeran and Feroz Meeran. There is no fresh issue component. With a price band of ₹695 to ₹730 per share, a lot consists of 20 shares. Orkla India, a multi-category Indian food company, manufactures products like spices and masalas, ready-to-eat foods, breakfast mixes and sweets under prominent brands such as MTR, Eastern and Rasoi Magic.
• Lenskart Solutions IPO will be open from October 31 to November 4. The ₹7,278.02 crore initial share sale, with a price band of ₹382 to ₹402 per share, is a mix of fresh issuance of shares valued at ₹2,150 crore and an OFS of ₹5,128.02 crore. The minimum investment for a retail investor is 37 shares. The company provides an array of affordable and fashionable prescription eyeglasses, contact lenses and sunglasses via its online platform and extensive retail network. 10 key points to know about Lenskart Solutions IPO.
• Studds Accessories IPO is targeting to raise ₹455.49 crore through an OFS of 7,786,120 shares. The company has set a price range of ₹557 to ₹585 per share. A lot consists of 25 shares. Studds designs and manufactures two-wheeler helmets under the brands 'Studds' and 'SMK', as well as a range of motorcycle accessories like luggage, gloves, riding jackets, eyewear, rain suits and helmet locks.

Orkla India vs Lenskart vs Studds Accessories IPO: Key details compared