Lenskart IPO gets Sebi nod: Eyewear retailer to raise Rs 2,150 crore via fresh issue; company eyes November listing
Lenskart IPO gets Sebi nod: Eyewear retailer to raise Rs 2,150 crore via fresh issue; company eyes November listing
Eyewear giant Lenskart received Sebi approval for its IPO, targeting a mid-November listing. Poised to be India's largest new-age company public offering this year, it aims to raise Rs 7,500-8,000 crore, including secondary sales. The company reported a significant turnaround, achieving profitability in FY25 with Rs 297 crore net profit. Funds will fuel expansion, including new stores and acquisitions.
Eyewear giant Lenskart received Sebi approval for its IPO, targeting a mid-November listing. Poised to be India's largest new-age company public offering this year, it aims to raise Rs 7,500-8,000 crore, including secondary sales. The company reported a significant turnaround, achieving profitability in FY25 with Rs 297 crore net profit. Funds will fuel expansion, including new stores and acquisitions.