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Lenskart IPO: Even before the much awaited IPO of Lenskart, the market has become hectic. According to information received from sources, D-Mart founder Radhakishan Damani and SBI Mutual Fund can invest a total of ₹ 200 crore in this emerging eyewear retail company.

This investment will be made through secondary share purchase, in which both the investors can take stake of ₹100-₹100 crore. Interestingly, this investment in Lenskart is coming at a time when the company’s IPO has received the green signal from market regulator SEBI.

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IPO outline: What is Lenskart planning? (Lenskart IPO)

Lenskart under its IPO:

• Will issue fresh shares worth ₹2,150 crore
• Along with this 13.2 crore shares Offer for Sale (OFS) Can be sold by existing shareholders through

The funds raised from the IPO will be used by the company for the following purposes:

• Opening new stores across the country
• Upgrading technology infrastructure
• Strengthening brand marketing
• Capitalizing on potential acquisitions

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Why are big investors getting attracted? (Lenskart IPO)

Like Damani and SBI Mutual Fund marquee investors The interest shows that Lenskart is not only profitable but also has the potential for strong growth in the retail and digital space in the times to come.

SBI Mutual Fund before Urban Company Has invested in digital companies like.
The addition of a veteran like Damani indicates that the company is gaining confidence from long-term investors.

Financial picture: journey from loss to profit

Lenskart takes big leap on financial performance front in FY25:

• Net profit in FY25 stood at ₹297 crore, while in FY24 the company had a loss of ₹10 crore.
• Revenue increased by 23% to ₹6,652 crore.
• Gross margin also registered an increase of 500 basis points, which now stands at 69%.

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Global expansion and store network (Lenskart IPO)

Lenskart has more than 2,000 stores in India.
It has 650 outlets internationally, which are mainly located in South-East Asia and the Middle East.

Valuation surge: Fidelity update

American investment firm Fidelity recently valued Lenskart at $610 million in its portfolio valuation, up 22% from its June 2024 valuation of $500 million.

already in the company SoftBank, Temasek, KKR And Alpha Wave Like famous investors have stake.

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Why is this move before Lenskart IPO important?

There is a perception in the market that when investors like Damani show interest in a company before listing, then that company is no longer just a startup, but becomes a trustworthy and profitable brand.

Lenskart’s IPO could not only prove attractive for investors, but it could also set new benchmarks for India’s digital consumer brands.

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