From startup story to stock market debut Lenskart is ready to go public.
India’s leading omnichannel eyewear brand Lenskart has officially filed its DRHP with SEBI, aiming to raise ₹2,150 crore via fresh issue, while existing investors will offload up to 13.2 crore shares through an Offer for Sale (OFS).
The IPO will also serve as a partial exit for major global investors:
SoftBank will offload 2.55 Cr shares, Temasek 78.5 lakh, and Schroders Capital, PI Opportunities Fund, Kedaara Capital, and Alpha Wave will also trim stakes.
Among the promoters, Peyush Bansal will sell 2.05 Cr shares, while co-founders Neha Bansal, Amit Chaudhary, and early team member Sumeet Kapahi will offload a combined 1.14 Cr shares.
What the Money Will Fuel
Lenskart plans to use the capital to scale its company-owned retail footprint, improve tech and cloud infrastructure, boost brand marketing, and strengthen its global omnichannel strategy.
As of March 2025, Lenskart operates 2,723 stores globally, with 2,067 in India and 656 abroad. A Redseer report states that its frames and lenses are priced 35–40% lower than the industry average, driving massive adoption.
Financially, Lenskart posted ₹6,652 Cr in revenue in FY25 (up 22.5% YoY), with a ₹297 Cr profit a significant swing from a ₹10 Cr loss the previous year.
With big numbers, strong profitability, and strategic investor exits, Lenskart’s IPO marks not just a milestone but a maturity signal for India’s D2C + retail tech space.
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