The funding comes forward of Lenskart’s Preliminary Public Providing (IPO), scheduled to open on Friday, October 31, 2025.
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As a part of the transaction, Neha Bansal, one in all Lenskart’s promoters, who held 7.61% of the corporate’s pre-offer paid-up fairness share capital (on a totally diluted foundation) previous to the switch, bought 2,487,561 fairness shares. Following the transaction, her stake stands at 7.46% on a totally diluted foundation. The share sale shouldn’t be a part of the IPO’s Supply for Sale.Final week, billionaire investor Radhakishan Damani, founding father of Avenue Supermarts (DMart), invested round Rs 90 crore in Lenskart via a pre-IPO transaction, in line with folks accustomed to the matter.
Lenskart’s present traders embody Alpha Wave Ventures LP, Bay Capital Holdings Ltd, Chiratae Belief, IDG Ventures India Fund III LLC, Kariba Holdings IV Mauritius, Kedaara Capital Fund II LLP, Kedaara Norfolk Holdings Restricted, and MacRitchie Investments Pte. Ltd., amongst others.
Lenskart IPO particulars
Eyewear retailer Lenskart is gearing up for its inventory market debut, with its preliminary public providing (IPO) opening for public subscription on Friday, October 31, 2025. The supply will stay open for 3 days and shut on Tuesday, November 4, 2025, whereas the corporate is anticipated to listing on November 10, 2025.The corporate has set a value band of Rs 382–Rs 402 per fairness share (face worth Rs 2 every). The IPO goals to lift contemporary capital to fund enterprise growth and supply an exit route for early traders.
Based in 2008 by Peyush Bansal, Lenskart is one in all India’s largest omni-channel eyewear retailers, providing a variety of inexpensive and classy prescription glasses, sun shades, and speak to lenses via its on-line platform and huge retail community.
The corporate plans to utilise the web proceeds from the IPO to open new company-owned, company-operated (CoCo) shops in India, meet lease and rental funds, strengthen expertise and cloud infrastructure, help model advertising and marketing, pursue inorganic acquisitions, and canopy normal company functions.
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Based in 2008, Lenskart started as a web based eyewear platform in 2010 and opened its first bodily retailer in New Delhi in 2013. Over time, it has developed into one in all India’s most outstanding shopper manufacturers within the eyewear phase, pushed by its mission to make high quality eyewear accessible and inexpensive for all.
The model caters to numerous shopper segments via a number of sub-brands — John Jacobs and Owndays (acquired in 2022) within the premium class, and Lenskart Air, Vincent Chase, Hustlr, and Hooper Youngsters within the inexpensive and mid-range classes.
As a part of its worldwide growth, Lenskart not too long ago agreed to accumulate the remaining 80% stake in Stellio Ventures S.L., proprietor of the Meller eyewear model, for Rs 4,063.93 million. Stellio’s merchandise are primarily bought on-line and thru a retail outlet in Barcelona, Spain.
In FY2025, the corporate launched 105 new in-house designed and engineered collections globally, together with collaborations with numerous manufacturers and celebrities. Throughout the yr, Lenskart bought 27.2 million eyewear items throughout 12.41 million buyer accounts in India and abroad.
