Lenskart Set for IPO: Rs 7,278 Crore Offering on October 31

Lenskart, an eyewear company, is launching an IPO to raise money from investors.

The IPO will open on October 31, and aims to raise approximately Rs 7,278 crore.

This funding will be used to expand the company by opening new stores, lease obligations, technology infrastructure, and marketing.

Lenskart, already profitable in FY25, operates both online and in stores across India, Japan, Southeast Asia, and West Asia.

Investors can expect the stock to debut on the stock exchanges on November 10.

The company will use some of the proceeds to expand its store network, technology, and marketing.