Lenskart, one of the most favourite eyewear brands in India, is all set to make an entry in the stock market. The company has already announced the dates for its much-awaited Initial Public Offering (IPO). It will open for subscription on October 31, 2025, and close on November 4, 2025. The anchor investor bidding will take place a day earlier, on October 30.
With this IPO, Lenskart is willing to raise around ₹2,150 crore, which includes both a fresh issue of shares and an offer for sale (OFS) by its founders and investors.
The funds raised from the fresh issue will be utilised for expanding company-owned stores, upgradation of technology infrastructure, and strengthening marketing and brand presence, which shows that Lenskart is eying a new growth phase.
Radhakishan Damani’s Pre-IPO Investment
Radhakishan Damani, the billionaire investor and the founder of DMart, has recently invested ₹90 crore in Lenskart through a pre-IPO placement. This investment underscores strong market confidence in Lenskart’s growth potential in the long run, as it has been made by one of India’s most reputed businessmen.
Among India’s Top IPOs of 2025
Discussion is already getting momentum about the Lenskart IPO, which could be one of the biggest and most anticipated listings of 2025, ranking alongside Tata Capital, HDB Financial Services, and LG Electronics. This step also replicates the growing investor appetite in India’s consumer-tech segment, which has seen recent success stories like Zomato, Swiggy, and Urban Company.
From Startup to Global Eyewear Leader
Peyush Bansal founded Lenskart in 2008, which was started as a simple online eyewear platform. It has now become a global omnichannel brand. Presently, it operates over 2,500 stores across India, the Middle East, and Southeast Asia.
The fully integrated business model — from design and manufacturing to retail and delivery — ensures stylish, affordable, and high-quality eyewear for millions of customers, and makes Lenskart a distinct business model.
Strong Financial Performance
Lenskart’s net profit in FY25 is ₹297 crore, which is a remarkable turnaround from a loss of ₹10 crore in the previous year. The company’s revenue jumped 22% year-on-year to ₹6,625 crore, which has been fuelled by strong domestic demand and growing international sales.
OFS segment
The OFS segment of the IPO will include share sales by key founders — Peyush Bansal, Neha Bansal, Amit Chaudhary, and Sumeet Kapahi — along with global investors such as SoftBank Vision Fund II, Temasek’s MacRitchie Investments, Schroders Capital, PI Opportunities Fund, Kedaara Capital, and Alpha Wave Ventures.
The Future Looks Bright
Market experts believe that India’s eyewear sector is confident of exponential growth. Increased screen time, rising vision problems, better health awareness, and wider insurance coverage are some of the key factors that are driving demand in this sector exponentially.
Disclaimer:
The information provided in this article is for informational and educational purposes only. It should not be considered financial or investment advice. Readers are encouraged to consult with their financial advisors before making any investment decisions related to IPOs or stock market instruments.
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Kangkan Kishor Sharma, an M.A. in Media and Journalism, serves as the Chief Contributor at NestOfNews.com. He contributes regularly, bringing insight, passion, and a deep commitment to delivering stories that truly matter. His work reflects a thoughtful understanding of media, storytelling, and the issues shaping today’s world.