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Soha Ali Khan breaks down Lenskart’s Rs 7,278 crores IPO; says, “It’s expensive compared to the current profits”

Eyewear giant Lenskart Solutions Ltd recently closed its much-anticipated Rs 7, 278 crores initial public offering (IPO) on November 4, 2025, attracting massive investor interest with subscription rates soaring to over 28 times. The IPO price band was fixed between Rs 382 and Rs 402 per share, valuing the company near Rs 70, 000 crores at the upper end. Lenskart’s IPO comprised a fresh issue worth Rs 2, 150 crores and an offer for sale (OFS) of about Rs 5, 128 crores by its promoters and early investors including SoftBank Vision Fund II, Schroders Capital, and Temasek. Lenskart, founded in 2008 by Peyush Bansal and Amit Chaudhary, today operates over 2, 700 stores across India and international markets. The company reported revenues of Rs 6, 652 crores for FY25 and is India’s largest organized eyewear retailer by volume. Proceeds from the IPO will fund expansion of company-operated stores, technology investments, marketing campaigns, and other corporate purposes. In the midst of the huge IPO frenzy, Bollywood actress Soha Ali Khan brought financial literacy to the forefront. Sharing a concise yet insightful video on social media, she urged followers to understand the IPO fully before investing, pointing out that it is “expensive compared to the current profits.” Soha said, “If you believe in the brand long term, then great. But if you’re hoping to get rich by next Friday, then maybe have another think.”She simplified the concept of an IPO for her fans, explaining it as the first time a private company offers shares to the public: “It’s saying, ‘Hey, now you can own a tiny piece of our company.’” Soha’s message resonated widely at a time when a high valuation and massive retail appetite combined to create a sell-out IPO event. View this post on Instagram A post shared by Soha (@sakpataudi) The allotment for the IPO will be announced on November 6, with shares slated for listing on BSE and NSE from November 10, 2025. Despite some valuation concerns from analysts, the IPO has been praised for its strong investor confidence, especially from qualified institutional buyers who subscribed 40 times their quota. Also Read: Soha Ali Khan on starring in Chhorrii 2, “To play an antagonist in horror is not something I’ve done before”.

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Madhuri Dixit’s Canada show organisers clarify delay caused by miscommunication from her team: “This delay was entirely beyond the control of True Sound Live Ltd”

A day after Madhuri Dixit faced backlash for allegedly arriving three hours late to a live event in Canada, the organisers of the show, True Sound Live Ltd., issued a statement clarifying the reason behind the delay. The event, titled Madhuri Dixit The Golden Girl of Bollywood, took place on November 2 at Toronto’s Great Canadian Casino Resort. According to the organisers, the delay was caused due to miscommunication from the actress’s own management team. The company stated that Madhuri was “misinformed” about her call time, leading to confusion and frustration among attendees who had been waiting for her performance. The clarification came after social media users criticised both the organisers and Madhuri for the delay and lack of transparency about the event format. Labeling the controversy as “misleading social media commentary,” the organisers said, “We at True Sound Live Ltd. would like to clarify the facts regarding the recent Madhuri Dixit The Golden Girl of Bollywood show held in Toronto, following misleading social media commentary. The event commenced on time with a high-energy opening act featuring exceptional singers from Indian Idol, exactly as scheduled.”They further explained, “The show’s format, as communicated to Madhuri Dixit’s management, included a Q&A session at 8: 30 PM followed by Madhuri’s 60-minute performance segment. However, despite our production team’s readiness and continuous communication throughout the evening, Madhuri Dixit’s own management team misinformed her about the call time, resulting in her late arrival around 10 PM. This delay was entirely beyond the control of True Sound Live Ltd.”The organisers also blamed “certain backstage individuals” for creating further confusion during the event. “We also want to clarify that certain backstage individuals, including Shreya Gupta, were preoccupied with personal video recordings instead of supporting the artist’s timely coordination, which further added to the confusion. Attached videos clearly show Madhuri Dixit’s on-stage presence and performance, and we invite the public to view the footage and judge objectively,” the statement added. A video shared by a user named Parwaiz Dhanani showed Madhuri dancing to her popular number Mera Piya Ghar Aaya from the 1995 film Yaraana. However, criticism continued online as several attendees accused the organisers of poor communication. One person wrote, “Everyone please report the organizers to Consumer Protection Ontario. I just got off the phone, and this falls under ‘Misrepresentation.’ It’s illegal for a business or individual to give you false information about themselves or the product or service they offer.”Another attendee expressed disappointment, saying, “I am glad I saw her, but I left at 11: 05 PM as I had work the next day. I honestly don’t know if it was the organizers or her who decided she would come at 10 PM. On my ticket, it said the start time was 7: 30 PM. It did not mention any pre-shows. I expected it to be a chat with some singing and dancing. It just started way too late and disrespected the audience’s time.”Also Read : Truth behind Tezaab: How Boney Kapoor and N. Chandra built the Anil Kapoor-Madhuri Dixit classic.

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FSKAX VS. VTI – Which One Makes The Cut?

If you are conversant with online investing and securities in general, you may have come across FSKAX vs. VTI debates. But which investment product is better? Let’s find out and get to know more about FSKAX and VTI. FSKAX and VTI are two different funds offered to investors by different portfolio managers. FSKAX was created . Read more.

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