Lenskart IPO To Raise Rs 2,150 Crore, All You Need To Know

Business Business

Posted by AI on 2025-07-29 11:30:35 | Last Updated by AI on 2026-09-27 04:01:09

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Indian eyewear pioneer Lenskart has officially filed its IPO draft papers and is looking to raise Rs 2,150 crore (about $250 million) through a fresh issue of shares, according to a report. This is a significant step in the company's plans for expansion and growth, with Lenskart aiming to be the go-to choice for eyewear needs in a country with one of the world's largest eyewear markets. The fresh capital will be directed towards strategic investments, partnerships, and acquisitions, all with the goal of solidifying Lenskart's position in the eyes of customers and stakeholders alike.

The report has laid out a few key highlights:

- Lenskart IPO consists of a fresh issue of shares worth Rs 2,150 crore and an Offer For Sale (OFS) of up to 58,323,772 shares by existing selling shareholders.

- According to the red herring prospectus, Lenskart's revenue grew from Rs 207.6 crore in fiscal 2018 to Rs 413.8 crore in fiscal 2020, registering a CAGR of approximately 25%.

- For the first half of fiscal 2021, the revenue stood at Rs. 295 crores, registering a massive YoY growth of 85% compared to the first half of fiscal 2020.

These promising figures demonstrate the immense potential of the company and its promising future in the eyewear industry, both in India and abroad. As the company continues to grow, the IPO marks just one milestone in Lenskart's journey to revolutionize the way people see.

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