Lenskart IPO: As Lenskart filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) today, one particular disclosure caught attention. The company revealed a key risk: the degree certificate and marksheets of one of its promoters, Sumeet Kapahi, are not traceable.
Sumeet Kapahi, who serves as Global Head of Sourcing at Lenskart, is one of the company’s promoters. The missing documents were mentioned under the risk factors section of the DRHP.
According to the details in the DRHP, Kapahi has been unable to trace the copies of his B.Com (Hons.) degree and marksheets from the University of Delhi.
(This is a developing story. Check back for updates.)
