Lenskart IPO - Complete Overview
Lenskart, India’s leading omni-channel eyewear retailer, is preparing for one of the most anticipated IPOs of 2025. The company filed its Draft Red Herring Prospectus (DRHP) with SEBI on July 29, 2025, planning to raise substantial capital to support its growth, technology, and retail expansion.
Key Data: Lenskart IPO Details
| IPO Component |
Data / Value |
| Fresh Issue Size |
Rs 2,150 crore |
| Offer-for-Sale (OFS) |
13.2 crore shares (~132 million equity shares) |
| Total IPO size |
About Rs 8,500 crore (~$1 billion), combining fresh issue and OFS |
| DRHP Filing Date |
July 29, 2025 |
| Expected Open Date |
Q4 2025 (October–December, subject to SEBI approval) |
| Listing Exchanges |
NSE and BSE |
| Company Valuation |
Targeting $8–10 billion |
| Lead Managers |
Kotak Mahindra Capital, Citi, Morgan Stanley, Axis Capital, Avendus Capital |
| Prominent Selling Shareholders |
SoftBank, Temasek, Kedaara Capital, Alpha Wave Ventures, Premji Invest, others |
Lenskart Financial Performance
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Operating Revenue FY25: Rs 6,652 crore (up from Rs 5,427 crore in FY24)
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Net Profit FY25: Rs 297 crore (vs. net loss of Rs 10 crore in FY24)
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Store Count: Over 2,700 globally, across India, UAE, Singapore, and more.
Lenskart has shown strong revenue growth and turned profitable for the first time in FY25, setting the stage for a robust IPO.
Lenskart IPO Objectives
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Network Expansion: Opening new company-owned and operated stores in India and abroad
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Technology Investment: Upgrading digital and cloud infrastructure
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Brand Strengthening: Increasing brand presence and marketing
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Partial Exit: Early investors and some founders are selling shares through the OFS component.
Lenskart Company Overview
Founded in 2010 by Peyush Bansal, Lenskart is a technology-driven player in the eyewear industry, offering eyeglasses, sunglasses, contact lenses, online eye tests, and smart eyewear. It operates both e-commerce and an extensive offline network with a presence in several key markets. Lenskart is known for its innovation, affordability, and wide selection.
Timeline: Lenskart IPO Dates
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DRHP Filed: July 29, 2025
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Shareholder Approval: July 26, 2025
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Expected IPO Open: Last quarter of 2025
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Listing Expected: Q4 2025, pending SEBI approval.
Conclusion
Lenskart’s IPO is poised to be a landmark event for Indian equity markets in 2025, reflecting the company’s transition to profitability, aggressive growth strategy, and robust backing from marquee investors. Investors and market enthusiasts are expecting final details, such as price band and lot size, closer to the IPO opening date in Q4 2025.
FAQs
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What is the expected date for Lenskart IPO?
The IPO is expected in Q4 2025, pending SEBI approval.
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How much is Lenskart raising through the IPO?
Around Rs 2,150 crore as a fresh issue, with the total issue size projected at about Rs 8,500 crore including OFS.
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Where will Lenskart shares be listed?
On National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
This overview contains the latest available details as of July 31, 2025. For updated information on price band, listing date, and allotment, check leading financial portals closer to the open date.