Eyewear retailer Lenskart will open its IPO on October 31, raising ₹7,278 crore (~$870 million) through a combination of fresh issuance and offer for sale. The firm plans to raise ₹2,150 crore in new capital and is valued near ₹70,000 crore ($8.4 billion). Backed by SoftBank and Alpha Wave, Lenskart will use proceeds for store expansion and AI-driven supply-chain automation. Analysts expect strong retail participation and a premium listing given the brand’s dominant online-offline distribution network and FY25 revenue growth above 35%.