Lenskart, the popular eyewear retailer, is planning to launch its Initial Public Offering (IPO). The IPO is valued at ₹7,278 crore, comprising a fresh issue of ₹2,150 crore and an offer for sale of ₹5,128 crore.

Founder's Potential Windfall

Peyush Bansal, the founder and CEO of Lenskart, may receive a substantial sum from the IPO:

• Plans to sell 2.05 crore shares
• Expected to receive approximately ₹824.10 crore
• This could represent a 2,061% return on his average acquisition cost

Co-founder's Potential Share

Neha Bansal, co-founder of Lenskart, is also set to potentially benefit from the IPO:

• Plans to sell 10.1 lakh shares
• Expected to receive approximately ₹40.60 crore
• This could achieve a 5,189% return on her acquisition cost

IPO Details

Other Key Stakeholders

1. SoftBank's SVF II Lightbulb

   • Expected return: 422%

2. PI Opportunities Fund

   • Expected return: 1,560%

Pre-IPO Investment

Billionaire investor Radhakishan Damani has shown confidence in Lenskart's potential:

• Invested ₹90.00 crore
• Acquired shares at ₹402.00 per share

Post-IPO Scenario

After the IPO, Peyush Bansal is expected to retain an 8.78% stake in Lenskart, demonstrating his continued commitment to the company's future growth.

The potential substantial returns for the founders and early investors highlight Lenskart's growth trajectory in the competitive eyewear market. As the company prepares for its potential public offering, investors will be keenly watching its performance and future prospects in the rapidly evolving retail landscape.

Lenskart, the popular eyewear retailer, is set to make its debut on the Indian stock market with an Initial Public Offering (IPO) scheduled to open on October 31, 2025. The company aims to raise Rs 2,150 crore through fresh share issuance, while promoters and existing investors plan to sell 12.75 crore shares in an offer for sale.

IPO Details

Pre-IPO Investment

In a significant development, billionaire investor Radhakishan Damani has invested Rs 90 crore in Lenskart through a pre-IPO round. This move adds Damani to the list of high-profile backers, which already includes SoftBank, Temasek, Kedaara Capital, and Alpha Wave Ventures.

Company Overview

Founded in 2008 by Peyush Bansal, Lenskart has grown into a major player in the eyewear retail sector. The company currently operates over 2,500 stores across India, the Middle East, and Southeast Asia.

Financial Performance

Lenskart's financial performance has shown significant improvement:

IPO Proceeds Utilization

The funds raised from the IPO will be allocated towards:

1. Store expansion
2. Technology infrastructure enhancement
3. Marketing initiatives
4. Potential acquisitions

Market Position

With an expected valuation of nearly Rs 70,000 crore, Lenskart's IPO is poised to be the fourth-largest public issue of 2025. This valuation reflects the company's strong market position and growth potential in the eyewear retail sector.

Investors and market watchers will be closely monitoring this IPO, given Lenskart's rapid expansion and improved financial performance. The company's ability to turn a profit in FY25, coupled with its impressive store network and backing from notable investors, makes it an interesting prospect in the Indian retail landscape.