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Lenskart gets SEBI nod for ₹2,150cr IPO
Business
Lenskart just got SEBI's nod to go public and is aiming for a mid-November 2025 listing.
The company wants to raise ₹2,150 crore in fresh funds, while founders and big investors like SoftBank will be offloading over 132 million shares.
Lenskart's turnaround story
This could be one of the year's biggest IPOs—valued between ₹7,500cr and ₹8,000cr.
Lenskart has turned things around with a net profit of ₹297cr in FY25 (a huge jump from last year's loss) and saw revenues climb 22% to ₹6,625cr.
The new funds are set to fuel retail expansion and upgrade existing stores as Lenskart gets ready for life on the stock market.