Peyush Bansal sells shares ahead of Lenskart IPO, retains majority stake

Ahead of the upcoming IPO of Lenskart Solutions, founder Peyush Bansal will sell around 2.05 crore shares in the offer-for-sale worth ₹824 crore, while maintaining an 8.78 % stake post-listing. The move provides liquidity for early backers and signals confidence in the business by retaining meaningful ownership. The IPO opens on October 31 and includes both fresh issue and existing-share sale components, marking a major event in India’s primary-markets calendar.