Lenskart Promising IPO on October 31, all set to raise massive 2,150 Crores

The number of shares to be offered in the IPO is in total more than 12.75 crore shares.

5 Min Read

New Delhi: Lenskart is one of the largest eyewear companies in India which is preparing to be listed in the stock markets. On October 31, 2025, the company will issue its First Public Offering also known as IPO. Investors will continue to have the issue open until November 4, 2025. This implies that it will be the first time when people are going to purchase shares of Lenskart.

The fresh issue of shares will raise approximately 2,150 crore by the company. This implies that Lenskart will issue and offer new shares to raise cash. In addition to that, some of its current investors and promoters will also dispose of their shares by a process known as an “Offer for Sale.” The number of shares to be offered in the IPO is in total more than 12.75 crore shares.

Lenskart’s History

Lenskart began its operations in 2008. It was established by Peyush Bansal who desired to make the purchase of glasses easy and affordable to all people.

The company started as an online shop where individuals could purchase spectacles, sunglass, and contact lenses. It later opened its first store in 2013 in New Delhi. Lenskart has expanded over the years and currently operates online and offline stores in India. It can be called one of the largest so-called omni-channel eyewear brands which implies that it is sold online and in brick-and-mortar stores.

The company stated that the money that will be raised through the IPO will be utilized in numerous ways. Part of it will be on new company-owned stores in India and other nations. Some of the funds will also be spent on enhancing technology, modernizing the digital systems of the company and strengthening its brand by advertising. Lenskart would also invest in research and development in order to enhance its products and customer experience. The company indicated that the money will assist it to grow at a higher rate in the years to come.

Not long ago, Lenskart was recently invested in by a famous investor Radhakishan Damani, founder of famous retail store, D-Mart, to the tune of 90crore before the IPO. This has increased the awareness of the future IPO of the company, since it indicates that, experienced investors have trust in the future of Lenskart.

Lenskart reported profiting 61.2 crore in its financial results of the first quarter of the financial year 2026 (April to June 2025). It is a massive transition since the company had recorded a small loss of approximately 10.9 crore in the same quarter last year.

Lenskart

The total revenue of the company over this period was approximately 1,894 crore that is approximately 25 percent increased compared to the revenue of the company in the same period of the year, last year. According to the company, such growth was achievable due to increased sales in online and offline stores and improved performance in the international markets.

The IPO of lenskart is considered to be a milestone to the company. It is also providing the common people with the opportunity to become shareholders by going public. This implies that anyone has the opportunity of purchasing shares Lenskart and make it a part-owner. Analysts are optimistic that the good financial results and the presence of a large base of customers will make the IPO of the company appealing to a number of investors.

The company is supposed to be listed in the stock exchanges on November 10, 2025. When the listing occurs, the stock price will begin to vary according to the way individuals purchase and market them in the market. The price will increase in case more individuals desire to purchase Lenskart shares. In case the number of interested people decreases, the price would reduce.

Also Read: LIC slams foreign report says no big investment planned in Adani Group

Share This Article