Lenskart Shares Debut Below Issue Price Amid Valuation Concerns

A company called Lenskart, which sells glasses and contact lenses, recently started selling its shares to the public.

On the first day, the shares were a little bit cheaper than the price the company set.

Some experts think the price Lenskart asked for its shares was too high, especially considering how they handle employee stock options.

They also noted that the company's financial measurements for the future look expensive.

However, Lenskart is a big company in India for selling eyewear, with many stores and an online shop.

They have been growing well and their profits have increased.

Even though some investors were a bit disappointed on the first day, others see the company as having good potential for the future because of its size and growth.