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5 days agoIndian eyewear retailer Lenskart Solutions Ltd eyes ~$8 billion valuation in upcoming IPO
Lenskart Solutions Ltd, India’s largest eyewear retailer, has set a price band of ₹382-₹402 per share (≈$4.35-$4.57) for its IPO, implying a valuation of about ₹695 billion (≈$7.9 billion). The offer opens 31 Oct and closes 4 Nov; fresh issue is ~₹21.5 billion alongside secondary offering. The company operates 2,067 stores in India and 656 overseas, and is backed by major investors including SoftBank Group and Temasek. Analysts see strong growth potential in eyewear and health-optics, though competition and margin pressures are flagged risks.
positive
5 days agoIndian eyewear retailer Lenskart Solutions Ltd eyes ~$8 billion valuation in upcoming IPO
Lenskart Solutions Ltd, India’s largest eyewear retailer, has set a price band of ₹382-₹402 per share (≈$4.35-$4.57) for its IPO, implying a valuation of about ₹695 billion (≈$7.9 billion). The offer opens 31 Oct and closes 4 Nov; fresh issue is ~₹21.5 billion alongside secondary offering. The company operates 2,067 stores in India and 656 overseas, and is backed by major investors including SoftBank Group and Temasek. Analysts see strong growth potential in eyewear and health-optics, though competition and margin pressures are flagged risks.
positive
Indian eyewear retailer Lenskart Solutions Ltd eyes ~$8 billion valuation in upcoming IPO
5 days ago
1 min read
84 words
Lenskart is launching an IPO priced at ₹382-₹402/share, valuing it at ~$8 billion; investors note growth potential in eyewear but highlight margin risks.
Lenskart Solutions Ltd, India’s largest eyewear retailer, has set a price band of ₹382-₹402 per share (≈$4.35-$4.57) for its IPO, implying a valuation of about ₹695 billion (≈$7.9 billion). The offer opens 31 Oct and closes 4 Nov; fresh issue is ~₹21.5 billion alongside secondary offering. The company operates 2,067 stores in India and 656 overseas, and is backed by major investors including SoftBank Group and Temasek. Analysts see strong growth potential in eyewear and health-optics, though competition and margin pressures are flagged risks.
Lenskart Solutions Ltd, India’s largest eyewear retailer, has set a price band of ₹382-₹402 per share (≈$4.35-$4.57) for its IPO, implying a valuation of about ₹695 billion (≈$7.9 billion). The offer opens 31 Oct and closes 4 Nov; fresh issue is ~₹21.5 billion alongside secondary offering. The company operates 2,067 stores in India and 656 overseas, and is backed by major investors including SoftBank Group and Temasek. Analysts see strong growth potential in eyewear and health-optics, though competition and margin pressures are flagged risks.
Tags:
IPO
India
IPO
India
healthcare
consumer
retail
Oct 26, 2025 • 22:01 IST