Lenskart Secures SEBI Approval, Plans IPO for Expansion

Lenskart, an eyewear retailer, got approval from SEBI to launch its IPO, allowing it to sell shares to the public.

The IPO includes selling new shares to raise Rs 2,150 crore and some existing investors selling their shares.

Lenskart plans to use the money to expand its business, including stores in smaller Indian cities and international markets.

The company also reported a strong financial turnaround, with a profit of ₹297.3 crore in FY25.

The company, founded in 2008, has grown to include over 2,000 stores.