India’s favorite eyewear brand, Lenskart, is gearing up for one of the most anticipated IPOs of 2025. Known for redefining how Indians buy glasses, Lenskart is now stepping onto Dalal Street with a strong growth story and ambitious expansion plans.
Key Details at a Glance
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IPO Opening Date: October 31, 2025
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Closing Date: November 4, 2025
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Price Band: ₹382 – ₹402 per share
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Total Issue Size: ₹7,278 crore (approx.)
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Fresh Issue: ₹2,150 crore
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Offer for Sale (OFS): ₹5,128 crore
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Listing Date: Expected around November 10, 2025
What Is Lenskart and Why This IPO Matters
Founded by Peyush Bansal, Lenskart started as an online eyewear retailer and quickly evolved into one of India’s largest omnichannel optical brands. With over 2,000 stores across India and a growing international presence, Lenskart has built a strong reputation for affordable, stylish, and high-quality eyewear.
The IPO marks a major step in the company’s journey as it aims to raise funds to expand store networks, strengthen technology, and enhance customer experience both online and offline.
How Lenskart Plans to Use the Funds
The ₹2,150 crore raised from the fresh issue will primarily go toward:
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Opening new stores and expanding reach in Tier 2 and Tier 3 cities.
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Investing in technology and automation to improve supply chain and customer personalization.
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Marketing and brand promotion to strengthen its position against competitors.
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Potential acquisitions to scale operations and explore new markets.
This focus reflects Lenskart’s vision of becoming a global eyewear leader while maintaining its stronghold in India.
Who’s Selling in the Offer for Sale
The Offer for Sale (OFS) allows early investors and promoters to partially exit.
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Founder Peyush Bansal is set to sell about 2 crore shares, worth roughly ₹824 crore at the upper price band.
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Co-founder Neha Bansal will sell around 10 lakh shares, earning over ₹40 crore.
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Prominent investors, including Radhakishan Damani and SoftBank, will also offload part of their holdings.
Despite the OFS, the promoters will continue to hold a significant stake, signaling their long-term confidence in the business.
What Makes Lenskart Stand Out
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Omnichannel Presence: A seamless integration of online convenience and offline trust.
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Strong Brand Recall: Lenskart has become a household name, synonymous with trendy eyewear.
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Vertical Integration: In-house manufacturing and technology-driven supply chain ensure better margins.
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Expanding Internationally: With operations in Southeast Asia and the Middle East, the brand is eyeing global leadership.
Risks to Consider Before Investing
While the growth story looks strong, investors should be aware of a few risks:
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Dependence on imports: A large part of Lenskart’s materials come from China, which can pose supply challenges.
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High valuation: With an expected valuation near $8 billion, much of its future growth is already priced in.
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Regulatory watch: Lenskart recently received a notice from the Enforcement Directorate (ED) related to delayed filings, which could attract investor caution.
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Competition: New-age eyewear startups and global brands are increasing their presence in India.
Should You Invest in the Lenskart IPO?
Lenskart’s IPO offers a mix of excitement and caution. On one hand, it’s a well-recognized brand with a clear vision and a scalable business model. On the other, The valuation appears steep, leaving limited room for short-term listing gains unless sentiment remains strong.
For long-term investors, however, Lenskart presents an opportunity to participate in the rise of a consumer-tech brand that continues to innovate and expand aggressively.
Final Thoughts
The Lenskart IPO 2025 could be a turning point for India’s eyewear market. With a focus on technology, expansion, and global reach, Lenskart’s next phase looks promising. However, as with any IPO, doing your due diligence before investing is key.
If you believe in India’s growing lifestyle and fashion market — and in brands that bridge affordability with innovation — Lenskart might just be a vision worth investing in.
