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Lenskart secures SEBI approval for ₹2,150 crore IPO, eyes November listing
Lenskart obtained SEBI approval for a ₹2,150 crore IPO and targets a November listing, with proceeds to support expansion and technology spending.
Eyewear retailer Lenskart has received regulatory approval to proceed with an initial public offering of around ₹2,150 crore that will include a mix of fresh issuance and an offer for sale. Company management signalled plans for a November listing and said proceeds will support retail expansion, technology investment and working-capital needs. The filing indicates strong investor interest in consumer-tech platforms, though analysts emphasise scrutiny on margin sustainability and omni-channel execution. Subscription pace and anchor allocations will be key indicators to assess listing-day performance.