Honasa went up, Lenskart could go anywhere : Deepak Shenoy says amid recent IPO buzz

November 1, 2025

Lenskart’s IPO is generating significant discussion. Deepak Shenoy, CEO of Capitalmind Asset Management, noted the drama and unpredictability of IPO markets, drawing parallels to Honasa’s IPO. Lenskart’s valuation has raised eyebrows, with some fund houses clarifying their investment decisions. The eyewear retailer’s IPO opened for subscription recently.

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