Peyush Bansal’s Big Moment! Lenskart IPO 2025 to Raise ₹7,278 Crore on Dalal Street
Lenskart IPO 2025: India’s eyewear giant Lenskart Solutions Ltd. is all set to hit Dalal Street with one of the most awaited IPOs of 2025. Backed by marquee investors like SoftBank, Temasek, and Kedaara Capital, the company’s public issue is creating a major stir across financial circles. The Lenskart IPO 2025, priced between ₹382 and ₹402 per share, values the omni-channel eyewear retailer at a staggering ₹69,676 crore, reflecting the booming investor appetite for profitable consumer-tech companies.
Founded by Peyush Bansal, a well-known Shark Tank India personality, Lenskart has evolved from a modest online startup to a profitable multinational brand with over 2,500 stores worldwide. Its robust financial turnaround, rising profitability, and strong investor base make this IPO a benchmark for India’s new-age retail startups.
As the subscription window opens on October 31, 2025, investors are keenly watching whether Lenskart can deliver yet another blockbuster listing in India’s fast-expanding tech-driven market.
What Makes the Lenskart IPO 2025 So Anticipated?
The Lenskart IPO 2025 have sparked widespread excitement among investors.
Backed by global giants like SoftBank, Temasek, and Kedaara Capital, Lenskart’s upcoming debut is not just another IPO — it’s a defining moment for India’s fast-growing consumer-tech ecosystem.
The company has fixed its price band between ₹382 and ₹402 per share, valuing the firm at around ₹69,676 crore at the upper end. This offering gives early investors a golden exit opportunity while reinforcing India’s standing as a hub for profitable tech ventures.
When Does the Lenskart IPO 2025 Open and What Are the Key Details?
| Particulars | Details |
|---|---|
| IPO Open Date | October 31, 2025 |
| IPO Close Date | November 4, 2025 |
| Anchor Investor Date | October 30, 2025 |
| Price Band | ₹382–₹402 per share |
| Face Value | ₹2 per share |
| Lot Size | 37 shares and multiples thereof |
| Total Issue Size | ₹7,278 crore |
| Fresh Issue | ₹2,150 crore |
| Offer for Sale (OFS) | ₹5,128 crore (12.75 crore shares) |
| Listing Date | November 10, 2025 |
| Exchanges | BSE, NSE |
Also read: Orkla India IPO 2025: Opens 29 October – Price Band, GMP & Investor Guide
How Will Lenskart Use the IPO Proceeds?
The fresh issue of ₹2,150 crore will be channelled towards:
- Expanding company-owned retail stores across India.
- Investing in advanced technology and optical infrastructure.
- Strengthening branding and marketing visibility.
The offer for sale (OFS) worth ₹5,128 crore allows promoters and early backers to partially exit, realizing significant returns.
Notably, Lenskart IPO 2025 comes after a ₹90 crore pre-IPO investment by Radhakishan Damani, founder of DMart — a strong vote of confidence in Lenskart’s future growth.
Which Founders and Global Funds Will Benefit Most from the Listing?
Founders and global investors stand to gain multi-bagger returns from this blockbuster offering.
Founder Holdings and Valuation Gains
| Shareholder | Shares Held (Cr) | Avg. Cost (₹) | Current Value (₹ Cr) | % Gain |
|---|---|---|---|---|
| Peyush Bansal | 17.32 | 18.6 | 6,964 | 2,050% |
| Neha Bansal | 12.83 | 7.6 | 5,157 | 5,200% |
| Amit Chaudhary | 1.66 | 8.1 | 650 | 4,900% |
| Sumeet Kapahi | 1.62 | 8.1 | 650 | 4,900% |
Global Investor Returns
| Investor | Stake (%) | Shares (Cr) | Avg. Cost (₹) | Value (₹ Cr) | Gain (%) |
|---|---|---|---|---|---|
| Kedaara Capital (Fund II & III) | 4.81 | 8.9 | 75 | 3,580 | 435% |
| Temasek (MacRitchie Investments) | 4.43 | 8.19 | 97.75 | 3,293 | 311% |
| SoftBank Vision Fund | — | — | — | Large undisclosed holding | — |
Such numbers make the Lenskart IPO one of the most lucrative wealth-creation events for both founders and investors in recent years.
How Has Lenskart Built a Global Brand with Indian Roots?
Founded in 2008 by Peyush Bansal, Lenskart started as a modest online eyewear venture and grew into a vertically integrated retail powerhouse.
Today, it operates over 2,500 stores across India, the Middle East, and Southeast Asia, blending affordability with premium quality through its design-to-delivery control.
FY25 Financial Performance
| Metric | FY24 | FY25 | Change |
|---|---|---|---|
| Revenue (₹ crore) | 5,430 | 6,625 | +22% |
| Net Profit/Loss (₹ crore) | -10 | 297 | Turnaround |
| EBITDA Margin | 9.8% | 14.5% | +470 bps |
This turnaround highlights how Lenskart’s technology-led efficiency and strong customer connect have turned it into one of India’s most profitable consumer brands.
Why Are Analysts Bullish on Lenskart’s Market Potential?
Analysts forecast India’s eyewear market to witness robust expansion in the next decade, thanks to:
- Rising screen exposure and digital lifestyles.
- Growing awareness of vision care and health insurance benefits.
- Organized retail’s reach into Tier-2 and Tier-3 cities.
According to market reports, Lenskart is well-positioned to capitalise on these trends, leveraging its technology, scale, and customer base.
At an expected valuation of ₹70,000 crore, the company commands a P/E multiple of over 200x, reflecting strong market confidence in its growth story.
How Is the Share Allocation Structured and What Are the Employee Benefits?
As per the Red Herring Prospectus (RHP):
- Qualified Institutional Buyers (QIBs): Minimum 75% of the offer
- Non-Institutional Investors (NIIs): Maximum 15%
- Retail Investors: Maximum 10%
- Employee Discount: ₹19 per share for eligible staff
This structure ensures both institutional depth and retail inclusion, boosting participation across investor categories.
Also Read: Groww IPO November 2025: ₹7,000 Crore Launch Set to Shake Dalal Street
What Should Investors Expect from the Lenskart IPO 2025?
The Lenskart IPO 2025 stands as a milestone for India’s startup-to-scaleup transition.
With profitability, strong brand equity, and backing from global investors, the company is expected to see robust subscription demand.
That said, experts advise retail investors to evaluate long-term growth potential instead of focusing solely on listing-day gains.
If Lenskart lists at a premium, it may well set the tone for other upcoming giants like Orkla India and Studds Accessories, keeping Dalal Street’s IPO season alive with momentum.
Click Here to know more market & IPO related news and updates.
Disclaimer: The views and investment insights provided here are based on publicly available information and do not constitute financial advice. Readers are advised to conduct their own research or consult certified financial experts before making investment decisions.
