IPO Details

About Company

Lenskart Solutions Ltd., founded in 2008, is India’s leading technology-driven eyewear company engaged in the design, manufacturing, branding, and retailing of prescription eyeglasses, sunglasses, contact lenses, and related accessories. It primarily operates in India but has expanded globally with a growing international footprint. The company follows a direct-to-consumer (D2C) model, selling eyewear through both online and offline channels. By March 31, 2025, it operated 2,723 stores worldwide, including 2,067 in India and 656 overseas, with a mix of company-owned and franchised stores. Lenskart has leveraged technology across its supply chain, retail, and customer service, offering remote eye testing in select regions and ensuring fast delivery (next-day in 40 cities) through its centralized manufacturing facilities in Bhiwadi and Gurugram. The IPO aims to raise funds primarily for store expansion, technology upgrades, brand marketing, and strategic acquisitions. The proposed market capitalization is ₹69,726.83 crore, with a post-issue P/E ratio of 284.96x, indicating high investor expectations for sustained growth.