Tag: lenskart

ET Startup Awards 2025: Execution will define a company’s valuation, says Urban Company CEO Abhiraj Singh Bhal
Posted in Startups

ET Startup Awards 2025: Execution will define a company’s valuation, says Urban Company CEO Abhiraj Singh Bhal

Urban Company CEO Abhiraj Singh Bhal said that a company’s valuation will be defined by its execution, speaking on the market worth of new-age technology…

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Lenskart IPO lapped up on Day 1 despite valuation concerns
Posted in Startups

Lenskart IPO lapped up on Day 1 despite valuation concerns

The initial public offering (IPO) of omnichannel eyewear retailer Lenskart was fully subscribed on the first day itself, as institutional and retail investors lapped up…

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Lenskart CEO Peyush Bansal. A Lenskart IPO valuation would peg the value of his stake in the company at about  ₹850 crore. (Reuters)
Posted in Business

GMP to IPO price and valuation, 10 key details to know before subscribing| Business News

Lenskart Solutions Ltd. is set to launch its IPO today amid an online debate over its valuation that’s reflecting in its grey market premium (GMP)….

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Image for SBI Mutual Fund buys Rs 100-crore worth Lenskart stake at $7.7 billion valuation
Posted in Startups

SBI Mutual Fund buys Rs 100-crore worth Lenskart stake at $7.7 billion valuation

Synopsis SBI Mutual Fund has invested Rs 100 crore in Lenskart. This investment values the eyewear retailer at Rs 67,762 crore. Lenskart is preparing for…

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Cofounder Peyush Bansal's net worth is expected to near $1 billion after the Lenskart IPO scheduled for 31 October to 4 November 2025. (HT)
Posted in Business

Lenskart IPO priced for $8-billion valuation as Peyush Bansal nears $1-billion net worth| Business News

Lenskart Solutions Pvt. Ltd. is seeking a valuation of up to $8 billion in an IPO that will potentially make its co-founder Peyush Bansal a…

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Lenskart turns around, posts net profit of Rs 62 crore in Q1 FY26
Posted in Startups

Lenskart turns around, posts net profit of Rs 62 crore in Q1 FY26

IPO-bound eyewear retailer Lenskart posted a net profit of Rs 62 crore during the April-June quarter of 2025, compared to a loss of Rs 11…

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Lenskart investors may see 5-17X gains as the firm targets Rs 70,000 crore IPO valuation
Posted in Startups

Lenskart investors may see 5-17X gains as the firm targets Rs 70,000 crore IPO valuation

With an expected IPO valuation of Rs 70,000 crore (around $8 billion), Lenskart’s investors have reason to see the world through rose-tinted glasses. The eyewear…

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Lenskart to launch IPO on October 31; files RHP
Posted in Startups

Lenskart to launch IPO on October 31; files RHP

Eyewear retailer Lenskart has filed the red herring prospectus for its initial public offering (IPO), which will be launched on October 31. The IPO, which…

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As of March, Lenskart operated 2,723 stores—across India and in markets such as the Middle East and Southeast Asia. (Company Website)
Posted in Business

Lenskart IPO gets ₹90-crore nod of approval from DMart’s Radhakishan Damani| Business News

Radhakishan Damani, billionaire investor and founder of Avenue Supermarts Ltd. (DMart) has invested about ₹90 crore in Lenskart Solutions Pvt. Ltd. ahead of an IPO,…

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IPO-bound Lenskart bags Rs 90 crore from DMart's Radhakishan Damani
Posted in Startups

IPO-bound Lenskart bags Rs 90 crore from DMart’s Radhakishan Damani

Billionaire investor Radhakishan Damani, founder of Avenue Supermarts (DMart), has invested around Rs 90 crore in eyewear retailer Lenskart Solutions in a pre-IPO (initial public…

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