Eyewear retailer Lenskart is launching its IPO on October 31, aiming to raise Rs 2,150 crore through a fresh issue and an offer for sale. Backed by Radhakishan Damani, the company plans to use the funds for store expansion, technology, and marketing. This IPO is anticipated to be the fourth-largest public issue of 2025.
Eyewear retailer Lenskart is set to make its long-awaited market debut, with its initial public offering (IPO) opening for subscription on Friday, October 31, and closing on Tuesday, November 4. The company has fixed the price band at Rs 382-402 per equity share of face value Rs 2, aiming to raise fresh capital while providing a significant exit opportunity for early investors.
Backed by billionaire Radhakishan Damani, Lenskart's IPO is among the most anticipated of the year in India's fast-growing consumer-tech space. The anchor investor allocation is scheduled for Thursday, October 30. The lot size has been set at 37 equity shares, with bids to be made in multiples thereof.