Lenskart Solutions is all set to make a modest splash on the stock market this Monday! The company launched one of the biggest initial public offerings (IPOs) this year, raising a whopping ₹7,278 crore. The big question on investors' minds: will this debut be a blockbuster or a gentle wave? Experts are weighing in. Sunny Agrawal, head of fundamental research at SBI Securities, predicts, "Lenskart shares could list at par with its IPO price." That means the shares might start trading right around ₹402, the IPO price. Did the excitement fade? Well, the unofficial grey market premium (GMP)—that's the extra price buyers were ready to pay above ₹402 before listing—has dived sharply. From ₹71 on the IPO launch day (October 31), it plunged to just ₹15 by Sunday afternoon. This drop shows cooling enthusiasm among eager investors. So, what should investors who got lucky with share allotments do? Geetanjali Kedia, an IPO expert at SPTulsian Investment Advisers, says, "Book profits if the shares list at a premium or exit the company even if it doesn't." She adds with a note of caution that she had previously advised investors not to apply for this IPO. Similarly, Vaqarjaved Khan, a senior fundamental analyst at Angel One, advises retail shareholders, "For retail holders who received allotments, if there are listing gains, then one should think about booking profit and exiting the stock." Why the cautious stance? Despite the huge interest—Lenskart's IPO was oversubscribed 28.2 times on the last day—the excitement is mixed. The qualified institutional buyers (QIBs) grabbed shares eagerly, subscribing 40.3 times, while other categories showed decent but less frenzy subscription: 18.2 times from high-net-worth individuals and 7.5 times from retail investors. The IPO buzz was high, but experts suggest a cool head. With the grey market premium falling and a par listing prediction, it’s wise to cash in small gains than to hope for a jackpot. As the market opens, keep your eyes peeled and strategize well! Want quick updates on the latest market moves? Keep an eye on Sensex, Nifty, and top shares like SBI, Axis Bank, HDFC Bank, Infosys, Wipro, and NTPC. Stay informed, stay smart!