Synopsis
The Gurugram-based company’s public offering is the biggest among a number of new-age company IPOs lined up for this year. As per its draft red herring prospectus, Lenskart plans to raise Rs 2,150 crore in fresh equity alongside a secondary share sale of 132 million shares by existing investors, including TPG Growth, Kedaara Capital, and TR Capital.
ETtechLenskart plans to list on the bourses by early November. As per its draft red herring prospectus, Lenskart plans to raise Rs 2,150 crore in fresh equity alongside a secondary share sale of 132 million shares by existing investors, including TPG Growth, Kedaara Capital, and TR Capital.
The Peyush Bansal-led company, valued at about $5 billion, counts SoftBank, Temasek, and Abu Dhabi Investment Authority among its top backers.
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