Deepak Shenoy Warns Lenskart IPO Could Swing Either Way Despite Honasa’s Post-Listing Surge
As Lenskart’s ₹7,278 crore IPO opened for subscription on October 31, 2025, investor sentiment remains divided over whether the eyewear giant can replicate the surprise rally seen in Honasa Consumer’s (Mamaearth) listing. While Honasa defied expectations with a sharp post-IPO surge, Deepak Shenoy, founder and CEO of Capitalmind Asset Management, cautioned that Lenskart’s debut could…