Lenskart eyes ₹70,000-crore valuation as IPO window set for late October

The eyewear retailer is targeting an IPO valuation of around ₹70,000 crore, with the issue expected to open between October 31 and November 4. Draft filings indicate a fresh share issue of ₹2,150 crore alongside an offer for sale. Supported by strong profitability and offline expansion, the company aims to leverage rising demand for premium eyewear and online retail growth. Final valuation and pricing will depend on regulatory clearance and market sentiment. Investors view the listing as a major step in India’s consumer technology growth story.