Lenskart Company & IPO Details

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Lenskart Company & IPO Details

Lenskart is a popular Indian eyewear company. It operates online as well as through physical Lenskart stores. Recently, this company received a nod from Securities and Exchange Board of India (SEBI) for IPO. In this blog post, we shall discuss the Lenskart company and the latest details related to its IPO.

What is Lenskart?

Lenskart is a leading Indian multinational eyewear company. The company was founded in 2008, when it was originally incorporated as ‘Valyoo Technologies Private Limited’ by a group of four individuals: Peyush Bansal, Neha Bansal, Amit Chaudhary and Sumeet Kapahi. Lenskart headquarters are in Gurugram, Haryana. 

Lenskart operates as a vertically integrated business that handles the design, production, distribution and sale of both prescription and regular eyewear. It sells its products through its website www.lenskart.com, lenskart mobile app and 2,000+ physical outlets. The manufacturing facility of this company is located in Bhiwadi city of Rajasthan. This facility has an annual production capacity of 5 crore glasses.

Although the company was originally founded in 2008, it wasn’t until 2010 that the company commenced its operations in India as an online business. Lenskart opened its first retail store in New Delhi in 2013. 

Since then, the company has scaled through online as well as offline channels, establishing a strong presence across India through its retail outlets, website and mobile app among other sales channels. Lenskart sells its products in India - its largest market, and has recently expanded its operations in global markets like the Middle East, Southeast Asia and Japan. 

The company reported strong financial results in FY 25, with revenue rising 22-23% to around Rs. 6,652– Rs. 6,653 crore, up from Rs. 5,428 crore in FY 24. It also turned profitable, recording a net profit of approximately Rs. 297 crore in FY 25, compared to a loss of Rs. 10 crore in the previous year.

Lenskart Founders

The details of the lenskart founders are provided below:

1. Peyush Bansal

2. Amit Chaudhary

3. Neha Bansal

4. Sumeet Kapahi

5. Ramneek Khurana

Lenskart IPO Details

Lenskart is poised to become the first eyewear-only company in India to go public. In early October 2025, it received approval for stock marketing listing. Lenskart is India’s largest organized eyewear company, operating in a market that is projected to grow at a double-digit rate over the next five years. 

Jefferies analysts anticipate a surge in demand due to increasing vision issues, deeper market penetration and the expansion of health insurance through employers and government schemes. In July 2025, Lenskart solutions decided to file for an IPO, which includes the issuance of fresh shares worth 21.5 billion rupees (approximately $250 million), according to its draft prospectus. 

The proceeds from this offering will be used to develop new company-owned and operated stores, invest in technology and cloud infrastructure and to fund general corporate purposes. 

Lenskart began its operations in 2010 as an online business and opened its first retail store three years later. As of September 10, the retailer was valued at $6.1 billion, according to data from Tracxn. 

The Lenskart IPO date is 31 October 2025. On this day, the IPO will open for subscription. The Lenskart IPO deadline is 4 November 2025. After this date, individuals will not be able to apply for the IPO. The Lenskart IPO price band is between Rs. 382 to Rs. 402. The Lenskart IPO allotment date is 6 November 2025. The Lenskart IPO listing date is 10 November 2025.

Conclusion

Lenskart is an eyewear company founded by Peyush Goyal. Its co-founders are Neha Bansal, Amit Chaudhary and Sumeet Kapahi. In early October 2025, Lenskart received a nod from the Securities and Exchange Board of India (SEBI) for its IPO. The Lenskart solutions IPO will be open for subscription from 31 October 2025 till 4 November 2025. The IPO will be listed on 10 November 2025. The company aims to raise Rs. 2150 crore via its Initial Public Offering.

Want to launch an IPO for your company? Connect with our IPO consultants at Registrationwala for availing our IPO consulting services. 

Disclaimer: We have tried our best to provide accurate and up-to-date information in this article. However, we cannot guarantee the information’s completeness/accuracy. This content is meant for informational purposes only and should not be considered by anyone as financial advice. Please do your own research or consult a professional before making any investment decisions. We are not responsible for any losses you may incur. Invest at your own risk.

Frequently Asked Questions (FAQs)

Q1. What is Lenskart IPO launch date?

A. Lenskart solutions IPO launch date is 31 October 2025. On this day, it’ll open for subscription.

Q2. What is Lenskart IPO allotment date?

A. Its allotment date is 6 November 2025.

Q3. What is Lenskart IPO listing date?

A. Its listing date is 10 November 2025.

Q4. What is Lenskart IPO closing date?

A. The closing date for the IPO of Lenskart is 4 November 2025. After this date, it won’t be possible to apply for this IPO.

Q5. What is Lenskart IPO price?

A. It is between Rs 382-Rs 402 per share.

Q6. Who is the founder of Lenskart?

A. Peyush Bansal is the Lenskart founder. Its co-founders are Neha Bansal, Amit Chaudhary, Ramneek Khurana and Sumeet Kapahi.

Q7. Who is the Registrar of Lenskart IPO?

A. The Registrar of this IPO is  MUFG Intime India Pvt.Ltd.

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