Lenskart Investment

The eyewear retailer priced shares at the top of its ₹382-₹402 band, drawing strong demand from global funds and India's largest mutual and insurance investors.

SBI Optimal Equity and Emergent AIFs buy shares from promoter Neha Bansal at ₹402 apiece, joining Radhakishan Damani among investors betting on eyewear retailer's upcoming listing

Lenskart IPO is available at a price band of ₹382 to ₹402 per share, with a lot size of 37 shares

Indian eyewear retailer aims to raise $830 million amid a surge of listings, with plans to expand its retail footprint and invest in technology and brand marketing

The eyewear retailer plans its biggest store expansion in three years as it prepares for a $900 million IPO, one of India's largest public issues in 2025

Lenskart to raise ₹2,150 crore in fresh equity while Wakefit plans a ₹468-crore issue to fund new stores, marketing and capital expenditure

"The company got approval for the $250 million IPO fundraise. The offer for sale (OFS) would be decided later," said a person familiar with the matter

Fidelity raises Lenskart's valuation to $6.1 billion as the eyewear startup prepares to go public with a $1 billion raise and a target valuation of $10 billion

Existing investors like Fidelity, Kedaara Capital, are among the parties looking to increase their stakes in the initial public offering-bound company

The latest investment brings Lenskart's total capital infusion to nearly $850 million within the past year

The Middle Eastern sovereign wealth fund is finalizing an agreement to buy a mix of existing Lenskart shares and new equity, the people said

ADIA in advanced talks with Lenskart for an investment of up to $350 million to $400 million

The SoftBank-backed company reported losses of Rs 102 crore in FY22 after reporting a profit of Rs 28 crore in the previous financial year

Lenskart is looking at ramping up to 300,000 frames in 3 years

John Jacobs currently has five stores, which will be increased to 20 this year

Lenskart has grown more than 200 per cent year on year