Lenskart Options IPO: The preliminary public providing (IPO) of Lenskart Options will open for bidding on Friday, October 31, with a goal to boost ₹7,278 crore.
Lenskart IPO worth band has been mounted at ₹382-402 per share. Forward of the problem opening, Lenskart shares are having fun with a good gray market premium (GMP). Lenskart IPO GMP at this time is ₹111, signalling a 27.61% premium over the higher finish of the problem worth.
Lenskart IPO: 10 key issues from RHP
Listed here are key issues that traders ought to know forward of Lenskart IPO:
1. Lenskart IPO key dates
Lenskart IPO will open for bidding on October 31 and conclude on November 4. The bidding for anchor traders would open a day prior, on October 30. Lenskart shares will make their debut on the inventory exchanges on November 10.
2. Lenskart IPO construction
The problem contains a contemporary share sale of ₹2,150 crore and a suggestion on the market of 12.7 crore shares.
3. Who’s promoting stake by way of Lenskart OFS?
A number of shareholders are promoting stake in Lenskart OFS, together with promoters Peyush Bansal, Neha Bansal, Amit Chaudhary and Sumeet Kapahi. Different investor promoting shareholders embody SVF II Lightbulb (Cayman) Restricted, Schroders Capital Personal Fairness Asia Mauritius Ltd, PI Alternatives Fund II, Macritchie Investments Pte Ltd, Kedaara Capital Fund II LLP, and Alpha Wave Ventures LP.
4. Lenskart IPO goal
Lenskart plans to make use of the contemporary proceeds from the share sale for capex in direction of establishing new CoCo shops in India, investing in know-how and cloud infra, model advertising and promotion, unidentified inorganic acquisitions and basic company functions.
| Particulars | Quantity ( ₹ million) |
|---|---|
| Capital expenditure in direction of setup of latest CoCo shops in India | 2,726.22 |
| Expenditure for lease/hire/license settlement funds for CoCo shops operated by the Firm in India | 5,914.40 |
| Funding in know-how and cloud infrastructure | 2,133.75 |
| Model advertising and enterprise promotion bills to boost model consciousness | 3,200.63 |
| Unidentified inorganic acquisitions and basic company functions | [●]# |
5. Lenskart financials
In the course of the Monetary Years 2025, 2024 and 2023, Lenskart had income from operations amounting to ₹66,525.17 million, ₹54,277.03 million and ₹37,880.28 million, respectively, reflecting period-on-period development of twenty-two.57% between Monetary Years 2025 and 2024, and 43.29% between Monetary 12 months 2024 and 2023.
In the meantime, in profitability phrases, the agency swung to black in Fiscal 2025, with a revenue of ₹297.3 crore as towards a lack of ₹10.15 crore and ₹63.75 crore.
6. Lenskart market share
Based on the Redseer Report, Lenskart is the most important vendor of prescription eyeglasses when it comes to volumes bought in India within the Monetary 12 months 2025, amongst organised retailers. The corporate has additionally expanded into choose worldwide markets, together with Japan, Southeast Asia and the Center East.
7. Lenskart has shops in 415 cities
As of June 30, 2025, Lenskart operated 2,137 shops throughout 415 cities in India, starting from Srinagar to Thiruvananthapuram and Bhuj to Tinsukia, and 669 shops throughout 145 cities exterior India. It has added 1,552 new shops globally throughout the three months ended June 30, 2025 and the final three Monetary Years.
8. Trade outlook
India is likely one of the fastest-growing retail markets, pushed by urbanisation, rising disposable incomes, and a technology-proficient younger inhabitants. The eyewear market in India is projected to develop at roughly 13% CAGR, reaching ₹1,483 billion (roughly US$17.2 billion) by the Monetary 12 months 2030.
9. Lenskart IPO dangers
The price of uncooked supplies consumed constitutes a good portion of our bills (~25%) and delays, interruptions or discount within the provide of uncooked supplies to fabricate our prescription eyeglasses or fluctuations within the costs of uncooked supplies might adversely have an effect on the enterprise of the corporate.
Moreover, the Directorate of Enforcement, Gurugram, underneath the Overseas Change Administration Act, 1999, had requested Lenskart for sure data and paperwork. “Whereas now we have supplied such requested paperwork, we can’t guarantee you that no regulatory or different actions will probably be initiated towards our Firm sooner or later,” stated the corporate.
10. Lenskart IPO BRLMs
Kotak Mahindra Capital, Morgan Stanley India, Avendus Capital, Citigroup International Markets India, Axis Capital and Intensive Fiscal Companies are the book-running lead managers to the IPO.
Disclaimer: This story is for academic functions solely. The views and proposals expressed are these of particular person analysts or broking corporations, not Mint. We advise traders to seek the advice of with licensed specialists earlier than making any funding selections, as market situations can change quickly and circumstances might differ.
