Lenskart IPO: Peyush Bansal’s Rs 824 crore cash-out & 2,000% returns!
Despite Lenskart’s IPO losing steam with a 70% drop in grey market premium, founder Peyush Bansal is set for massive gains. He’ll earn about ₹824 crore by selling over 2 crore shares at ₹402 each, earning a 2,000% return. Bansal still retains 8.78% worth ₹6,200 crore and recently turned a ₹222 crore investment into an unrealised profit of ₹1,500 crore. His sister Neha Bansal also netted around ₹40 crore.
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