Lenskart IPO gets Sebi nod: Eyewear retailer to raise Rs 2,150 crore via fresh issue; company eyes November listing
Eyewear giant Lenskart received Sebi approval for its IPO, targeting a mid-November listing. Poised to be India’s largest new-age company public offering this year, it aims to raise Rs 7,500-8,000 crore, including secondary sales. The company reported a significant turnaround, achieving profitability in FY25 with Rs 297 crore net profit. Funds will fuel expansion, including new stores and acquisitions.🕒 1 min read
Eyewear giant Lenskart received Sebi approval for its IPO, targeting a mid-November listing. Poised to be India’s largest new-age company public offering this year, it aims to raise Rs 7,500-8,000 crore, including secondary sales. The company reported a significant turnaround, achieving profitability in FY25 with Rs 297 crore net profit. Funds will fuel expansion, including new stores and acquisitions.
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