Eyewear retailer Lenskart and financial services firm Billionbrains are poised to raise a combined $1.7 billion through IPOs this month, bolstering India’s booming stock market. Lenskart targets $900 million, while Groww’s parent Billionbrains aims for $750 million, with listings expected by early November.
Govt to sell up to 6% stake in Hindustan Copper via OFS; floor price at 10% discount
The government will sell a 3% stake in Hindustan Copper through an OFS at Rs 514 per share, with an option to divest another 3%.