October 7, 2025

Hold your spectacles tight - Lenskart, the eyewear superstar, is all set to wow the stock market! The company just received the golden ticket from Sebi (Securities and Exchange Board of India) for its highly awaited Initial Public Offering (IPO). This is a big deal as it marks one of the largest public listings by a new-age Indian company this year. On October 3, Sebi gave its final green signal, allowing Gurugram-based Lenskart to march ahead with its exciting listing plans. The company had submitted its draft red herring prospectus (DRHP) on July 31. Leading financial giants like Kotak Mahindra Capital, Morgan Stanley, Citi, and others are managing this blockbuster IPO. Lenskart's IPO will shine with a fresh issue worth Rs 2,150 crore, alongside an offer-for-sale (OFS) where 13.23 crore shares will be available. The current big bosses and investors, including founders Peyush Bansal, Neha Bansal, Sumeet Kapahi, Amit Chaudhary, plus heavyweights like SoftBank, Premji Invest, Temasek, Kedaara Capital, and Alpha Wave Global, will be selling some of their shares through the OFS. Why is everyone buzzing about Lenskart? It is because the company has expertly blended online shopping and offline stores, boasting over 2,500 stores worldwide. Their numbers are sparkling too: in FY25, they reported a handsome net profit of Rs 297 crore, a stunning turnaround from a Rs 10 crore loss in FY24. Their revenue jumped 22% year-on-year to Rs 6,625 crore, fueled by expanding stores and a growing crowd of happy customers across the globe. Lenskart’s upcoming market debut, expected around mid-November, is seen as the next big wave in India’s consumer-tech IPO story, following stars like Urban Company, Zomato, Nykaa, and Mamaearth. This IPO could reignite investor excitement if the stock market sails smoothly in the coming weeks. Meanwhile, Sebi is also paving the way for other companies like Wakefit Innovations, Tenneco Clean Air India, Shree Ram Twistex, Lamtuf, and Waterways Leisure Tourism. Yet, Lenskart’s flashy issue still shines the brightest due to its size and timing. So, Indian investors and market watchers, get ready for a new chapter as Lenskart sets to take its eyewear empire public. Will this IPO sparkle the way its glasses do? Time will tell!

Read More at Economictimes →

Tags: Lenskart ipo, Sebi approval, Indian stock market, Eyewear company, Fresh issue, Investor participation,