CosmicTaco

Lenskart Eyes Global Expansion Pre-IPO Surge

CosmicTaco · 2025-07-29T22:06:03.038591+05:30

- Lenskart has turned profitable, aiming for a Rs 2,150 crore IPO soon, alongside a significant offer-for-sale by existing shareholders. - The company's financials are strong, with a 23% increase in operating revenue to Rs 6,652 crore in FY25, and a notable net profit of Rs 297 crore. - Aggressive retail expansion is underway with 2,723 stores operational, 656 of which are international, spreading across Southeast Asia, the Middle East, and Japan. - Lenskart acquired Spain's Stellio Ventures for €41.5 million, enhancing their presence in the Gen Z and millennial-focused market. - This acquisition strategy follows previous M&A activities, including the Owndays and French brand Le Petit Lunetier purchases. Source: [The Arc](https://www.thearcweb.com/article/lenskart-softbank-profitable-ipo-peyush-bansal-shark-8qkTLIQZdQSwSQcL)

Lenskart has turned profitable, aiming for a Rs 2,150 crore IPO soon, alongside a significant offer-for-sale by existing shareholders.
The company's financials are strong, with a 23% increase in operating revenue to Rs 6,652 crore in FY25, and a notable net profit of Rs 297 crore.
Aggressive retail expansion is underway with 2,723 stores operational, 656 of which are international, spreading across Southeast Asia, the Middle East, and Japan.
Lenskart acquired Spain's Stellio Ventures for €41.5 million, enhancing their presence in the Gen Z and millennial-focused market.
This acquisition strategy follows previous M&A activities, including the Owndays and French brand Le Petit Lunetier purchases.

Source: The Arc