Image Source : NDTV Profit
Lenskart Solutions, backed by SoftBank, Temasek, ADIA, and Kedaara Capital, will launch its ₹7,278 crore IPO on October 31. The eyewear brand aims to raise ₹2,150 crore via fresh shares, with existing investors offloading 12.75 crore shares. The listing marks a major moment for India’s consumer-tech sector.
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India’s primary markets are gearing up for a blockbuster listing as Lenskart Solutions, one of the country’s leading eyewear brands, opens its initial public offering (IPO) for subscription on October 31, 2025. The SoftBank-backed company is expected to raise ₹7,278 crore, making it one of the largest consumer-tech IPOs of the year.
Key Highlights
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The IPO includes a fresh issue of ₹2,150 crore and an offer-for-sale of 12.75 crore equity shares by existing investors and promoters
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Anchor book opens on October 30, with public subscription running from October 31 to November 4
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The company is valued at ₹72,719 crore, reflecting strong investor confidence in its omnichannel retail model and tech-driven growth
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Lenskart’s investor roster includes marquee names such as SoftBank, ADIA, Temasek, and Kedaara Capital
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DMart’s Radhakishan Damani has already invested ₹90 crore ahead of the IPO, signaling bullish sentiment from seasoned market players
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Shares will be listed on both BSE and NSE, with trading expected to commence on November 10
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The IPO is part of a broader ₹35,000 crore fundraising spree that includes upcoming issues from Groww, Pine Labs, ICICI Prudential AMC, and boAt
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Analysts expect strong retail and institutional interest, given Lenskart’s profitability, brand equity, and expansion into global markets
Founded by Peyush Bansal, Lenskart has grown from an online eyewear startup to a dominant player in India’s optical retail space, with over 2,000 stores and a presence in Southeast Asia and the Middle East. The IPO is seen as a litmus test for consumer-tech valuations amid a volatile global market.
Sources: NDTV Profit, Moneycontrol, Business Today, News18
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