Lenskart IPO 2025: Among the promoters, Peyush Bansal is selling the largest stake of 2 crore shares, and Neha Bansal, Amit Chaudhary, and Sumeet Kapahi will sell smaller amounts.
Lenskart IPO 2025 plans to use the funds from the offering to fuel its expansion strategy. SEBI has approved the company’s Draft Red Herring Prospectus (DRHP), enabling the omnichannel eyewear retailer to go public and join the growing list of Indian startups entering the stock market.
At least three sources confirmed the development to source , while Lenskart executives were not immediately available for comment.
According to the offer document, the Lenskart IPO 2025 will include a fresh issue of equity shares worth ₹2,150 crore, along with an Offer for Sale (OFS) of up to 13.2 crore shares by existing promoters and investors.
The OFS will see participation from major shareholders, including SoftBank-backed SVF II, Alpha Wave Ventures, Temasek affiliates, Premji Invest, and Kedaara Capital. This is the latest news on Lenskart IPO 2025 for investors and market watchers
Among the promoters, Peyush Bansal will sell 2 crore shares, while Neha Bansal, Amit Chaudhary, and Sumeet Kapahi will sell smaller stakes in the Lenskart IPO 2025.
Currently, the promoters hold 19.96% of Lenskart, while institutional and other shareholders own 80.04%. The company plans to use the IPO proceeds to fund its expansion. Lenskart’s IPO clearance follows a strong financial turnaround, with a net profit of ₹297.3 crore in FY25, compared to a loss of ₹10.2 crore in FY24.
Lenskart’s revenue grew 23% year-on-year to ₹6,652.5 crore, with a two-year CAGR of 33%. Gross margins improved by over 500 basis points to around 69%, driven by operating efficiencies and scale.
Founded in 2008, Lenskart operates more than 2,000 stores globally, with a strong online and offline presence. The company is backed by leading global investors such as SoftBank, ADIA, Temasek, KKR, Alpha Wave, TPG, and Kedaara Capital.
With the Lenskart IPO 2025, the eyewear startup joins a growing list of Indian startups, including Meesho, PhysicsWallah, and Groww, preparing to enter the public markets amid improved investor sentiment.
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