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Lenskart Prepares Rs 8,500 Crore IPO Debut

  • Lenskart has received shareholder approval to go public, marking a major IPO move for an Indian consumer-tech company.
  • The IPO aims to raise Rs 2,150 crore through a fresh share issue, with a total offering size of Rs 8,500 crore.
  • The company, now a public limited entity, aims for a Rs 85,000 crore valuation, joining others like Meesho and Urban Company eyeing IPOs.
  • A new ESOP 2025 plan has been introduced, offering significant stock options to senior employees.
  • Lenskart has strengthened governance with two new independent directors as it gears up for the IPO.

Source: YourStory

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6d ago
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