
Lenskart Solutions
Open Date
31 Oct 2025
Close Date
04 Nov 2025
Min Investment
₹14874
Lot Size
37 Shares
Issue Size
₹7278.02 Cr
Price Range
₹382 - ₹402
Listing Date
Nov 10, 2025
IPO Doc
RHP PDFAbout Lenskart Solutions
Lenskart Solutions Ltd. was founded in 2008 and is a tech-enabled eyewear firm engaged in the design, manufacturing, branding, and retailing of prescription eyeglasses, sunglasses, contact lenses, and accessories. Its core market is India, and according to the Redseer Report, FY 2025 was the year in which the highest volume of eyeglasses were sold in India by the company.The company operates on a direct-to-consumer model, selling a wide variety of eyewear under its own brands and sub-brands to all segments of the population and price points. During FY 2025, 105 new collections were introduced in the market, including co-operations with prominent brands and personalities.As of March 31, 2025, Lenskart had 2,723 stores in the world—2,067 in India and 656 abroad—with 1,757 owned stores and 310 franchised stores in India. Remote eye examination is available through 136 optometrists across 168 stores in India and select international markets, such as Japan and Thailand.Production is based in Bhiwadi and Gurugram with backing regional facilities in Singapore and the UAE. This arrangement facilitates next-day delivery in 40 Indian cities and 3-day delivery in 69 cities for single-vision prescription eyewear.The firm reported revenues of ₹37,880.28 million, ₹54,277.03 million, and ₹66,525.17 million during FY 2023, 2024, and 2025 respectively, reflecting year-on-year growth consistently. The firm's apps have received more than 100 million cumulative downloads and have a total of 532 technologists.
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Lenskart Solutions IPO - Issue Objectives
₹272.62 crore will be used to set up new CoCo stores in India. ₹591.44 crore allocated for store lease/rent/license payments. The company will utilise ₹213.37 crore towards investing in technology and cloud infrastructure. The company will utilise ₹320.06 towards brand marketing and business promotion expenses. Part of the IPO proceeds will be used for general corporate purposes and unidentified acquisitions
Capital expenditure
12.6%
Funds for lease and rent payment
27.5%
Investment in technology
9.9%
Brand marketing and business promotion
14.8%
General corporate purposes
35.2%
Capital expenditure
₹272.62 crore will be used to set up new CoCo stores in India.
Funds for lease and rent payment
₹591.44 crore allocated for store lease/rent/license payments.
Investment in technology
The company will utilise ₹213.37 crore towards investing in technology and cloud infrastructure.
Brand marketing and business promotion
The company will utilise ₹320.06 towards brand marketing and business promotion expenses.
General corporate purposes
Part of the IPO proceeds will be used for general corporate purposes and unidentified acquisitions
IPO Subscription Status
Financials of Lenskart Solutions
In Cr.
Revenue: ₹1,946.1
EBITDA: ₹336.63
Profit: ₹61.17
| Key Performance Indicator | 30-Jun-25 (In Cr.) | 31-Mar-25 (In Cr.) | 31-Mar-24 (In Cr.) | 31-Mar-23 (In Cr.) |
|---|---|---|---|---|
| Revenue | 1946.10 | 7009.28 | 5609.87 | 3927.97 |
| EBITDA | 336.63 | 971.06 | 672.09 | 259.71 |
| Expenses | ||||
| Profit After Tax | 61.17 | 297.34 | -10.15 | -63.76 |
| Assets | 10845.68 | 10471.02 | 9531.02 | 9528.28 |
| Net Worth | 6176.87 | 6108.30 | 5642.38 | 5444.48 |
| Reserves | 5855.43 | 5795.00 | 5466.50 | 5411.96 |
| Borrowing | 335.48 | 345.94 | 497.15 | 917.21 |
Lenskart Solutions - Promoter(s)
Peyush Bansal
Neha Bansal
Amit Chaudhary
Sumeet Kapahi
19.85%
17.52%
About Strength & Risks
Contact Details
Lenskart Solutions
Plot No. 151, Okhla Industrial Estate, Phase III, Delhi, New Delhi - 110020
Registrar Contact Details
MUFG Intime India Pvt.Ltd
Lenskart Solutions IPO - FAQs
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