Summary of "Rs 52 to Rs 400 in 5 months - Lenskart IPO | DON'T LOSE YOUR MONEY"
Lenskart IPO Overview
Price Movement
- Promoter reportedly bought shares around ₹52 five months ago.
- IPO price set around ₹400 per share.
IPO Size
- Total raise of approximately ₹7,000 crore.
- Fresh issue (capital going to company): ₹2,000 crore.
- Offer for sale (shares sold by promoters): ₹5,000 crore (promoter exit).
Valuation
- Price-to-Earnings (P/E) ratio over 200, implying investors pay ₹230+ for ₹1 of earnings.
- The company is reportedly not profitable yet.
Market Context
- IPO is seen primarily as a promoter exit rather than capital raising for growth.
- High valuation despite lack of profitability raises caution.
Investor Sentiment
- Mixed opinions on whether to apply for the IPO.
- Investors are reminded to make independent decisions and be wary of hype or influencer opinions.
Risks
- High valuation multiples in an unprofitable company.
- Promoter selling a large portion of shares soon after buying at much lower prices.
Advisory Notes
- No explicit investment recommendation is given.
- The tone is advisory, emphasizing caution to avoid losing money.
Disclaimers
Emphasizes personal responsibility in investment decisions. Mentions a viewer comment about a significant personal loss in stocks, highlighting the risks involved.
Presenter/Source: Unnamed narrator/commentator in the video.
Category
Finance
