SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Lenskart Solutions files draft papers with SEBI to raise funds through IPO

30 Jul 2025 Evaluate

Lenskart Solutions has filed preliminary papers with capital markets regulator Securities and Exchange Board of India (SEBI) seeking its approval to raise funds through an initial public offering (IPO). The IPO involves raising Rs 2,150 crore through fresh issuance of equity shares, besides, promoters and investors would offload 13.22 crore equity shares.

The company proposes to utilise the proceeds from the IPO for various strategic initiatives, including capital expenditure for setting up new Company-operated Company-owned (CoCo) stores in India and for payments related to lease, rent, and license agreements for these CoCo stores. Additionally. funds will be used for investments in technology and cloud infrastructure; brand marketing and business promotion; potential unidentified inorganic acquisitions; and general corporate purposes. Kotak Mahindra Capital Company, Morgan Stanley India Company, Avendus Capital, Citigroup Global Markets India, Axis Capital, Intensive Fiscal Services have been appointed to manage the maiden public issue. 

Founded in 2008, Lenskart commenced operations in India as an online business in 2010 and opened its first retail store in New Delhi in 2013. The company's business spans across designing, manufacturing, branding and retailing. It operates the eyewear retail networks in India with a strong presence across metro, Tier 1 and Tier 2 cities and has international operations in Southeast Asia and the Middle East.


Lenskart Solutions Share Price

503.15 -3.45 (-0.68%)
06-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Lenskart Solutions 503.15
Poly Medicure 1656.20
Laxmi Denta 214.20
Nureca Ltd. 283.75
Hemant Surgical Inds 291.85
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×