Eyewear giant Lenskart Solutions Ltd recently concluded its highly anticipated Rs 7,278 crore initial public offering (IPO) on November 4, 2025. The offering attracted massive investor interest, with subscription rates soaring to over 28 times. The IPO price band was set between Rs 382 and Rs 402 per share, valuing the company at nearly Rs 70,000 crores at the upper end.
Lenskart’s IPO comprised a fresh issue worth Rs 2,150 crores and an offer for sale (OFS) of about Rs 5,128 crores by its promoters and early investors, including SoftBank Vision Fund II, Schroders Capital, and Temasek. The proceeds from the IPO are earmarked for expanding company-operated stores, investing in technology, launching marketing campaigns, and other corporate purposes.
The company, founded in 2008 by Peyush Bansal and Amit Chaudhary, today operates over 2,700 stores across India and international markets. For the financial year 2025, Lenskart reported revenues of Rs 6,652 crores, solidifying its position as India’s largest organized eyewear retailer by volume.
In the midst of the IPO frenzy, Bollywood actress Soha Ali Khan brought financial literacy to the forefront. Sharing a concise yet insightful video on social media, she urged her followers to understand the IPO fully before investing, highlighting that the offering is “expensive compared to the current profits.” Soha advised, “If you believe in the brand long term, then great. But if you’re hoping to get rich by next Friday, then maybe have another think.” She simplified the concept of an IPO for her fans, explaining it as “the first time a private company offers shares to the public, saying, ‘Hey, now you can own a tiny piece of our company.’”
Soha’s message resonated widely amid a high valuation and record retail enthusiasm that helped create a sell-out IPO event. The allotment for the IPO is scheduled for announcement on November 6, with shares set to list on BSE and NSE starting November 10, 2025.
Despite some valuation concerns from analysts, the IPO has received praise for its strong investor confidence—particularly among qualified institutional buyers, who subscribed 40 times their allotted quota.
Also Read: Soha Ali Khan on starring in Chhorrii 2 – “To play an antagonist in horror is not something I’ve done before.”
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