Page 3 - Latest Updates on Lenskart IPO

Lenskart IPO opens Oct 31; sets price band at ₹382-402: Check key details

Lenskart has set the price band for its IPO in the range of ₹382 to ₹402 per share, with a lot size of 37

Lenskart to launch IPO on Oct 31, aims to raise ₹2,150 cr via fresh issue

Eyewear retailer Lenskart Solutions is gearing up to launch its initial public offering (IPO) on October 31, aiming to raise Rs 2,150 crore through a fresh issue of shares. This marks its much-awaited entry into the public markets. The company's maiden public offering would conclude on November 4, and the bidding for anchor investors would open for a day on October 30, according to the Red Herring Prospectus (RHP). Apart from the fresh issue, there would be an offer-for-sale (OFS) component, in which promoters and investors would offload over 12.75 crore equity shares. As a part of the OFS, promoters -- Peyush Bansal, Neha Bansal, Amit Chaudhary and Sumeet Kapahi; and investors -- SVF II Lightbulb (Cayman) Ltd, Schroders Capital Private Equity Asia Mauritius Ltd, PI Opportunities Fund '? II, Macritchie Investments Pte. Ltd., Kedaara Capital Fund II LLP, and Alpha Wave Ventures LP -- would offload shares. Lenskart proposes to utilise the proceeds from the IPO for various strategic

DMart's Radhakishan Damani invests ₹90 crore in Lenskart ahead of IPO

Billionaire investor Radhakishan Damani, founder of Avenue Supermarts (DMart), has invested around Rs 90 crore in eyewear retailer Lenskart Solutions in a pre-IPO (initial public offering) funding round, people familiar with the development said on Friday. The investment comes ahead of Lenskart's maiden public offering, which is expected to open for public subscription next week. The eyewear retailer is looking to raise Rs 2,150 crore through fresh issuance of equity shares, besides, promoters and investors would offload 13.22 crore equity shares, according to the Draft Red Herring Prospectus (DRHP). As a part of the OFS, promoters -- Peyush Bansal, Neha Bansal, Amit Chaudhary and Sumeet Kapahi; investors -- SVF II Lightbulb (Cayman) Ltd, Schroders Capital Private Equity Asia Mauritius Ltd, PI Opportunities Fund II, Macritchie Investments Pte. Ltd., Kedaara Capital Fund II LLP, and Alpha Wave Ventures LP -- would offload shares. Lenskart proposes to utilise the proceeds from the

Shark Tank judge Peyush Bansal nears billionaire status with Lenskart IPO

Lenskart is planning to list as early as next month in Mumbai, targeting a stock debut that would value the company at $9 billion, based on the IPO size

Eyewear retailer Lenskart accelerates store expansion ahead of $10 bn IPO

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

Eyewear major Lenskart unveils smart glasses with UPI payments ahead of IPO

The eyewear major's AI-powered B Camera Smartglasses enable phone-free QR payments through voice authentication, expanding its footprint in wearable tech

Sebi nod for Lenskart, Wakefit IPOs marks strong startup pipeline

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

Lenskart Solutions, Wakefit, four others get Sebi nod to float IPOs

Tenneco Clean Air India, Waterways Leisure Tourism, the operator of Cordelia Cruises; Shree Ram Twistex and Lamtuf are among the companies that have received regulatory approval

Sebi approves eyewear retailer Lenskart IPO to raise ₹2,150 crore: Report

Lenskart has received Sebi's approval for a ₹2,150 crore IPO, comprising fresh shares and existing investor stake sales to fund store expansion, technology upgrades, and marketing

Lenskart files for IPO to raise ₹2,150 crore, eyes valuation of $10 billion

SoftBank-backed Lenskart plans to raise Rs 2,150 crore through IPO to expand CoCo stores, tech infrastructure, and branding amid rising Asian demand for prescription eyewear

Lenskart files DRHP for IPO, aims to raise ₹2,150-cr; check key details

Peyush Bansal-led Lenskart Solutions plans to raise ₹2,150 crore through a fresh issue of shares as part of the offering

Lenskart gets shareholder approval for $250 million IPO fundraise

"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

Visioning expansion: IPO-bound Lenskart sets sights on AI glasses

The investment gives Lenskart access to Ajna's XR and AI tech as it plans to launch consumer-focused smart eyewear and raise $1 billion at a $10 billion valuation

Softbank-backed Lenskart set to file for $1 bn IPO in coming weeks

The company raised $200 million from Temasek Holdings Pte and Fidelity Management & Research in June 2024 at a $5 billion valuation, according to Avendus Capital Pvt, one of the deal's advisors

Fidelity marks up Lenskart to $6.1 bn ahead of planned $10 bn IPO

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

SoftBank-backed Lenskart said to tap banks for $1 billion IPO: Report

"Lenskart may seek a valuation of about $8 billion in a potential offering"

Lenskart gears up for IPO, aims to raise up to $1 bn from investors

Lenskart's revenue from operations rose by 43 per cent to Rs 5,427.7 crore in FY24, and due to cost-effective management, it controlled its losses by 84 per cent

Lenskart prepares for IPO, seeks to raise up to $1 billion from bankers

Eyewear startup Lenskart is targeting a valuation of $7-8 billion and plans to list by the end of the financial year 2026

Lenskart plans to build largest eyewear manufacturing facility in Telangana

The Gurugram-based eyewear firm has signed a memorandum of understanding (MoU) with the Telangana government to establish the facility at Fab City

Lenskart's valuation could rise 20% to $6 billion in new share sale

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