By Admin 
Lenskart IPO: Draft Red Herring Prospectus (DRHP) of ievier retailer Lenskart has been approved by the market regulator SEBI. With this, the way to bring its IPO has also been cleared. According to the Moneycontrol report, the size of the IPO is Rs 2150 crore. This includes both the Fresh Issues as well as the offer for sale (OFS), in which the company’s current investors and founders will sell shares worth Rs 13.23 crore.
Piyush Bansal will sell 2 crore shares
Through IPO, Lenskart co-founder Piyush Bansal, Neha Bansal, Amit Chaudhary and Sumit Kapahi will sell their stake in the company. In addition, SVF II Lightbalb (Cayman) Limited, Shroders Capital Private Equity Asia Mauritius Limited, PI Opportunities Fund-II, Macrichie Investments Private Limited, Kedara Capital Fund II LLP and Alfa Way Veters LP can also sell their share under the Window. In the IPO, Lenskart CEO and Promoter Piyush Bansal will sell 2 crore shares.
In which work will be the use of money?
The draft prospectus filed in July 2025 stated that the company will use 272.6 crores raised from the fresh issue of 272.6 crores, will be used for the new COCO (company owned, operated by the company) store and use 591.4 crores for lease, rented payment and license expenses. Lenskart made his debut as an online eyewear retailer, but gradually extending its scope, it opened its branded showrooms across the country and entered the retail segment.
Apart from this, 213.4 crore will be kept for technology and cloud infrastructure, while 320 crore will be for brand marketing and promoter activities. The remaining amount is expected to fulfill inorganic acquisition and general corporate purposes.
The company earned more than 6000 revenue
In the business year 2025, Lenskart’s operational revenue increased by 22.5 percent to 6,652.5 crore, which was 5,427.7 crore last year. During this time, the company recorded a net profit of Rs 297.34 crore against the loss of Rs 10.15 crore in 2024. Ebitda also reached 971 crore, which is more than 672 crores from a year ago.
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