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Shankar Sharma defends Lenskart’s Valuation Ahead of IPO

The controversy Surrounding Lenskart’s Valuation

veteran investor Shankar Sharma has publicly defended Lenskart‘s upcoming initial public offering (IPO), asserting that the eyewear retailer’s valuation is facing unfair criticism. In a post on​ X (formerly​ Twitter), Sharma argued ‍that Lenskart, trading at approximately 10x sales, represents a​ significant value compared to the price-to-sales (P/S) ​valuations of companies like Paytm, Nykaa, and Zomato, which IPO’