
CosmicTaco
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
6d ago
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