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Meesho, Lenskart face potential stake sales as Lalithaa Jewellery Mart prepares to list

Meesho and Lenskart shares are in focus amid potential large shareholder block sales. Lalithaa Jewellery Mart is set to debut after its heavily subscribed Rs 1,700 crore IPO. RIL shareholders also approved related-party transaction resolutions.

Newer report , , The Hindu BusinessLine : Broker raises Meesho target to ₹260 as growth and logistics outlook improve

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Reported figures

From the report. Source details below

Y Combinator may sell up to 1.05% of Meesho for about Rs 957.5 crore at Rs 197.5 per share
SoftBank may sell up to 2.6% of Lenskart Solutions for $300 million at a Rs 635 floor price
Lalithaa Jewellery Mart raised Rs 1,700 crore in an IPO at Rs 201 per share; subscription exceeded 66.6 times

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Source Read the source at Business Today

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