LS
Lenskart Solutions
Book Building issueMainboardNSE₹7,278 Cr issue
-2.99%
Listing gain over issue price
Issue size
₹7,278 Cr
1 lot at cut-off
₹14,874
Lot size
37shares
Open
31 Oct 2025
Close
04 Nov 2025
Allotment
06 Nov 2025
Listing
10 Nov 2025
Listing performance
Issue price
₹402
Listed at
₹390
Listing-day close
₹403.30
Latest price
₹530.40
Listing gain
-2.99%
Return since listing
+31.94%
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Grey market premium
Unofficial and indicative — not a forecast
₹10
3 observations recorded — too few to plot a trend.
Day-wise premium · 3 observations
| Date | GMP | % | Sauda | Est. listing | Gain / lot |
|---|---|---|---|---|---|
| 10 Nov 2025 | ₹10 | +2.49% | ₹300 | ₹412 | ₹370 |
| 09 Nov 2025 | ₹10 | +2.49% | ₹300 | ₹412 | ₹370 |
| 08 Nov 2025 | ₹6.50 | +1.62% | ₹200 | ₹408.50 | ₹240.50 |
Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.
Issue details
- IPO date
- 31 Oct 2025 – 04 Nov 2025
- Listing date
- 10 Nov 2025
- Face value
- ₹2 per share
- Issue price
- ₹402 per share
- Lot size
- 37 shares
- Issue type
- Book Building issue
- Listing at
- NSE
- Total issue size
- ₹7,278 Cr
- Market cap at offer price
- ₹69,728 Cr
- Promoter holding
- 19.85% → 17.52% pre-issue → post-issue
- ISIN
- INE956O01016
- Registrar
- MUFG Intime India Pvt.Ltd.
- Lead managers
- Kotak Mahindra Capital Co.Ltd.
- Registered office
- Plot No.151, Okhla Industrial Estate, Phase III, New Delhi
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 8,13,02,412 | — | — |
| Market maker | 0 | — | — |
Application size
Minimum 37 shares per lot, in multiples, at ₹402
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 37 | ₹14,874 |
| Retail (max) | 13 | 481 | ₹1,93,362 |
| S-HNI (min) | 14 | 518 | ₹2,08,236 |
| S-HNI (max) | 67 | 2,479 | ₹9,96,558 |
| B-HNI (min) | 68 | 2,516 | ₹10,11,432 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Shares allocated
8,13,02,412
Anchor portion
₹3,268 Cr
at ₹402 per share
Valuation and performance
Valuation at offer price
₹402 per share
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 1.77 | 1.41 |
| P/E (×) | 227.12 | 285.11 |
| Price to book (×) | 11.03 | — |
| Market cap | — | ₹69,728 Cr |
Key performance indicators
Latest reported period
- Return on net worth
- 4.84%
- ROCE
- 13.84%
- EBITDA margin
- 14.60%
- NAV per share
- ₹36.34
- Price to book
- 11.03
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.
About Lenskart Solutions
Lenskart Solutions Limited, originally incorporated as Valyoo Technologies Private Limited on May 19, 2008, and subsequently renamed to Lenskart Solutions Limited in 2025, is a publicly listed eyewear company. The company operates frame and lens design and eyeglass manufacturing facilities at two locations in India, supplemented by regional facilities in Singapore and the United Arab Emirates. It sells prescription eyeglasses, sunglasses, and other products such as contact lenses and eyewear accessories under multiple brands and sub-brands through websites, mobile applications and retail stores. The company makes money through retail sales of eyewear products across multiple channels including online and offline stores.
Company Analysis
from RHPLenskart Solutions Limited is a technology-driven eyewear company with integrated operations spanning designing, manufacturing, branding and retailing of prescription eyeglasses, sunglasses, contact lenses and eyewear accessories across India, Southeast Asia, Japan and the Middle East.
Lenskart Solutions Limited, originally incorporated as Valyoo Technologies Private Limited on May 19, 2008, and subsequently renamed to Lenskart Solutions Limited in 2025, is a publicly listed eyewear company. The company operates frame and lens design and eyeglass manufacturing facilities at two locations in India, supplemented by regional facilities in Singapore and the United Arab Emirates. It sells prescription eyeglasses, sunglasses, and other products such as contact lenses and eyewear accessories under multiple brands and sub-brands through websites, mobile applications and retail stores. The company makes money through retail sales of eyewear products across multiple channels including online and offline stores.
Eyewear retailEyewear manufacturingTechnology and e-commerceRetail
Objects of the Issue
- Capital expenditure towards set-up of new CoCo stores in India ₹2,726.22 million p.34
- Expenditure for lease/rent/license agreements related payments for CoCo stores operated by the Company in India ₹5,914.40 million p.34
- Investing in technology and cloud infrastructure ₹2,133.75 million p.34
- Brand marketing and business promotion expenses for enhancing brand awareness ₹3,200.63 million p.34
- Unidentified inorganic acquisitions and general corporate purposes p.34
- Capital expenditure towards set-up of new CoCo stores in India p.86
- Unidentified inorganic acquisitions and General corporate purposes p.87
- Brand marketing and business promotion expenses p.88
- Funding for capital expenditure p.121
- General corporate purposes p.115
- Capital expenditure towards set-up of new CoCo stores in India ₹2,726.22 million p.212
- Expenditure for lease/rent/license agreements related payments for our CoCo stores operated by our Company, in India ₹5,914.40 million p.212
- Investing in technology and cloud infrastructure ₹2,133.75 million p.212
- Brand marketing and business promotion expenses for enhancing brand awareness ₹3,200.63 million p.212
- Unidentified inorganic acquisitions and general corporate purposes [●] p.212
- Not stated in document p.882
Issue Structure
- Total Issue
- Up to [●] Equity Shares of face value of ₹2 each, aggregating up to ₹[●] million
- Fresh Issue
- Up to [●] Equity Shares of face value of ₹2 each, aggregating up to ₹21,500.00 million
- Offer for Sale
- Up to 127,562,573 Equity Shares of face value of ₹2 each, aggregating up to ₹[●] million
- Price Band
- [●]
- Lot Size
- [●] Equity Shares
- Face Value
- ₹2 each
Business Model
Direct-to-consumer omnichannel retail model spanning integrated operations from designing, manufacturing, branding and retailing of eyewear products including prescription eyeglasses, sunglasses, contact lenses and eyewear accessories across multiple distribution channels including websites, mobile applications and retail stores.
Business Segments
Eyewear retail, manufacturing and distribution in India including prescription eyeglasses, sunglasses, contact lenses and eyewear accessories
Eyewear retail and distribution across Southeast Asia, Japan and the Middle East including prescription eyeglasses, sunglasses, contact lenses and eyewear accessories
Domestic eyewear retail operations through CoCo, FoFo, and CoFo store formats, e-commerce, and optometry services
Eyewear retail operations across 14 countries including Singapore, Taiwan, Japan, Thailand, UAE, Saudi Arabia through Lenskart and Owndays brands
Eyewear retail, manufacturing, and online sales through stores and digital channels in India
Eyewear retail and operations in Japan, Taiwan, Thailand, UAE, Saudi Arabia, and other markets through subsidiaries including Owndays
Retail of prescription eyeglasses, sunglasses, and eyewear products through company-owned stores, franchisee-owned stores, and omnichannel platforms (websites and mobile applications) within India
Retail of prescription eyeglasses, sunglasses, and eyewear products in select international markets including Japan, Southeast Asia, and the Middle East through company-operated stores and omnichannel platforms
Design, manufacture and retail prescription eyeglasses (frames and lenses) for vision correction from refractive errors, reading glasses and computer vision glasses
Design and retail sunglasses (powered and unpowered) and smart glasses
Retail contact lenses and eyewear accessories including clip-ons, bags, chains, contact lens solutions, frame swaps, bitz and eyedrops
Retail of prescription eyeglasses, sunglasses, and eyewear accessories through 2,137 company-owned and franchisee-operated stores, mobile applications, and websites; centralized manufacturing of prescription eyeglasses at facilities in Bhiwadi and Gurugram; eye testing services through remote optometry solutions and home try-on services.
Retail of prescription eyeglasses and eyewear through 669 stores across Japan, Southeast Asia (Singapore, Thailand, Indonesia, Malaysia, Philippines, Vietnam, Cambodia), Middle East (UAE, KSA), and other regions; centralized manufacturing and supply chain leveraging India facilities; remote optometry services in select markets.
The Group's activities relate to designing, manufacturing, branding, and retailing of own-branded eyewear products including prescription eyeglasses, sunglasses, contact lenses, and eyewear accessories
Sale of manufactured and traded goods including prescription eyewear, sunglasses, contact lenses and accessories
Sale of services related to eyewear
Lease income from leased properties
Customer support fees, sales of scrap and website license fees
Retail and manufacture of eyewear products in the Indian market
Retail and manufacture of eyewear products in international markets including Japan, Southeast Asia, UAE, and Europe
Sale of branded and private-label eyeglasses, sunglasses, contact lenses and related products
Operations and maintenance services for retail stores
Sale of eyeglasses, sunglasses, contact lenses and accessories
Provision of services related to eyewear retail
Retail trade of fashion accessories - import and sale of fashion accessories
Import and retail sale of fashion accessories and eyewear products
Sells prescription eyeglasses, sunglasses, contact lenses and accessories through omnichannel network in India
Sells eyewear products and services across 14 international countries including Asia and the Middle East
SWOT Analysis
Strengths
- • Technology-driven integrated eyewear operations across design, manufacturing, branding and retail(p.33)
- • Established multi-channel presence including online, mobile, and retail stores(p.33)
- • Geographic diversification with manufacturing facilities in India, Singapore and UAE(p.33)
- • Multiple brands and sub-brands portfolio for market segmentation(p.33)
- • Largest organized eyewear retailer in India by volume(p.91)
- • Strong revenue growth trajectory(p.77)
- • Significant scale with 2,806 retail stores globally(p.76)
- • Diversified international presence across 14 countries(p.79)
- • Improving profitability and operational leverage(p.77)
- • Omnichannel customer experience with integrated online-offline operations(p.92)
- • In-house design and manufacturing capabilities with automated lens cutting technology(p.92)
- • Extensive retail network with 2,806 stores as of June 30, 2025(p.99)
- • High repeat purchase rates among newly acquired customers(p.95)
- • Strong intellectual property portfolio with 242 registered trademarks(p.98)
- • Centralized supply chain with automated manufacturing enables consistent quality at scale and lower costs(p.227)
- • In-house frame and lens manufacturing capabilities with significant automation(p.227)
- • Largest store footprint among organized retailers with highest revenue per square foot(p.213)
- • Strong track record of rapid CoCo store expansion with consistent payback periods(p.214)
- • Consistent revenue growth and improving profitability margins(p.227)
- • Recognized as India's Most Trusted Eyewear Brand with multi-brand portfolio strategy(p.227)
- • Vertically integrated centralized supply chain with top-tier manufacturing capacity(p.293)
- • High repeat purchase frequency among new customers vs. market average(p.293)
- • Strong omnichannel presence with significant app downloads and store network(p.293)
- • In-house design and merchandising capability with frequent new collection launches(p.293)
- • Strong revenue growth trajectory across recent periods(p.293)
- • Brand recognition and customer trust(p.293)
- • Centralized supply chain & manufacturing with industry-leading automation(p.296)
- • Only eyewear company in India providing next-day delivery at scale(p.313)
- • Largest organized eyewear retailer in India by revenue(p.294)
- • In-house frame and lens manufacturing capabilities(p.296)
- • Omnichannel model with over 100 million app downloads(p.299)
- • Strong store payback metrics and rapid expansion capability(p.303)
- • Technology-first approach with 491-member technology team(p.303)
- • Significant margin expansion from 63.88% (FY23) to 67.92% (FY25)(p.321)
- • Focused business model in high-value analytics segment(p.691)
- • Strong promoter ownership and alignment(p.707)
- • Growing revenue trajectory with 88% YoY increase in three months ended June 30, 2025(p.817)
- • Positive profitability with consistent profit margins(p.800)
- • Strong cash position and improved liquidity(p.799)
- • Solid equity base with minimal debt obligations(p.799)
- • Efficient asset management with controlled inventory levels relative to sales(p.812)
- • Leading market position in organized eyewear retail(p.909)
- • Integrated manufacturing and design capabilities with in-house lens and frame production(p.909)
- • Strong omnichannel presence with 100+ million app downloads and 2,806 stores globally(p.909)
- • Efficient capital deployment with improving ROCE(p.920)
- • Improving product margins and EBITDA margins(p.917)
- • Strong revenue growth momentum(p.911)
Weaknesses
- • High dependence on raw materials as significant cost driver (25.45% of expenses in Q1 FY2026)(p.37)
- • Manufacturing concentration in Gurugram industrial cluster creating production and logistics risks(p.37)
- • Capacity utilization risks at existing manufacturing facilities(p.37)
- • Outstanding tax proceedings with 22 cases against the company(p.36)
- • Regulatory scrutiny from Directorate of Enforcement on foreign exchange matters(p.37)
- • Significant dependence on PRC imports with supply chain concentration(p.71)
- • Raw material costs represent substantial portion of expenses(p.69)
- • Moderate capacity utilization at manufacturing facilities(p.71)
- • Instances of delays in statutory dues payments(p.84)
- • Ongoing regulatory inquiry by Directorate of Enforcement(p.72)
- • Multiple loss-making subsidiaries requiring financial support(p.80)
- • Rising electricity and water expenses as percentage of total expenses(p.92)
- • High reliance on third-party logistics providers with limited long-term contract terms(p.100)
- • Rising marketing and promotion expenses as percentage of revenue(p.95)
- • Exposure to non-compliance with SBRT FDI regulations(p.111)
- • Significant increase in inventory levels indicating demand forecasting challenges(p.97)
- • Outstanding criminal proceedings against promoters and key management personnel(p.102)
- • Heavy dependence on CoCo store lease agreements with significant future lease obligations(p.217)
- • Proposed store locations and leases not yet identified or entered into for significant portion of Net Proceeds allocation(p.214)
- • Funding requirements and deployment plans not appraised by external financial institutions(p.213)
- • Past inability to achieve profitability despite growth, with negative EPS in prior years(p.228)
- • Manufacturing facility concentration in two locations in industrial cluster(p.332)
- • Moderate capacity utilization at 47.93% in FY25(p.332)
- • High dependence on third-party logistics providers(p.334)
- • Significant direct imports from China at 42.21% of purchases in FY25(p.322)
- • Audit qualifications regarding books of account maintenance and audit trail issues across multiple entities(p.418)
- • Incomplete audit trail feature implementation in accounting software across multiple subsidiaries(p.418)
- • Lenskart Solutions INC operating on non-going concern basis(p.418)
- • Significant international operations exposure affecting consolidated results(p.424)
- • Reliance on other auditors for majority of subsidiary, associate and joint venture audits(p.407)
- • High lease liability burden limiting financial flexibility(p.593)
- • Significant accumulated losses eroding equity base(p.597)
- • Dependence on lease arrangements with substantial fixed obligations(p.572)
- • High employee benefit obligations relative to profitability(p.562)
- • Significant accumulated losses eroding equity base(p.705)
- • Deteriorating financial position with worsening losses(p.722)
- • Negative return on equity and capital employed(p.715)
- • High employee benefit expense relative to revenue(p.708)
- • Growing doubtful receivables and credit quality deterioration(p.703)
- • High operating expense ratio reducing profitability(p.818)
- • Inventory concentration risk with significant stock holding(p.812)
- • Credit risk exposure with impaired trade receivables(p.812)
- • Lease liability obligations representing significant future cash commitments(p.814)
- • High employee benefits expense due to store network expansion(p.919)
- • Significant reliance on international acquisitions for growth(p.910)
- • Exposure to foreign exchange fluctuations in international operations(p.921)
Opportunities
- • India eyewear market projected to grow at 13% CAGR, reaching ₹1,483 billion by FY2030(p.33)
- • Organised retail channels projected to account for 31% of India's eyewear market by FY2030(p.33)
- • Rising global prevalence of refractive errors driven by evolving lifestyles and aging population(p.33)
- • Expansion into Southeast Asia, Japan and Middle East markets beyond India core market(p.33)
- • Capital expenditure planned for new CoCo store expansion in India(p.34)
- • Investment in technology and cloud infrastructure to enhance digital capabilities(p.34)
- • Expansion in organized eyewear market with strong growth potential(p.91)
- • Significant penetration opportunity in Tier 2 and Tier 2+ cities(p.76)
- • International market expansion across established and new markets(p.76)
- • New manufacturing facility in Hyderabad with government incentives(p.75)
- • Growing membership base providing recurring revenue(p.88)
- • Inorganic growth through acquisitions and minority investments(p.91)
- • Expanding eyewear market with low penetration in emerging markets at approximately 35% in India and 40% in Southeast Asia(p.94)
- • Growing shift from unorganized to organized eyewear retail channels(p.94)
- • Increasing online penetration with currently less than 5% online channel penetration in prescription eyeglasses(p.95)
- • Growth in affordability-focused organized players disrupting the market(p.95)
- • Investment opportunities in backward integration and automated manufacturing(p.94)
- • India's growing prescription eyewear market with low penetration of corrective solutions(p.213)
- • Strategic expansion into Metropolitan, Tier 1 and Tier 2+ cities across India(p.213)
- • International market expansion with presence in Japan, Southeast Asia and Middle East(p.227)
- • Planned investment in technology and AI capabilities to enhance customer experience and operational efficiency(p.218)
- • Strategic acquisition opportunities to expand brand portfolio and capabilities(p.222)
- • Massive untreated refractive error population presenting first-time user acquisition opportunity(p.284)
- • Low penetration of prescription eyeglasses in emerging markets vs. potential(p.286)
- • Rapid expansion of organized eyewear retail, particularly D2C models in key markets(p.269)
- • Rising demand for fashionable and lifestyle-oriented prescription eyeglasses(p.263)
- • Growing eyewear market with strong CAGR across operating geographies(p.267)
- • Massive TAM expansion from ₹2,429bn (FY25) to ₹3,601bn (FY30)(p.295)
- • Rising refractive error incidence in India: 43% (FY20) to projected 62% (FY30)(p.294)
- • Low penetration of corrective eyeglasses in Asia (40-69% vs 88% in US)(p.294)
- • Rapid shift to organized retail: India organized sector growing 1.6x faster than unorganized(p.294)
- • Market leadership position with only 4-6% market share in India(p.322)
- • Expansion into smart glasses and emerging eyewear categories(p.323)
- • Strategic acquisitions and brand portfolio expansion(p.323)
- • Growth in analytics and data solutions market(p.699)
- • Expansion through new customer acquisition(p.715)
- • Geographic expansion through new lease agreements and store openings(p.814)
- • Retail segment growth with multiple locations across European cities(p.814)
- • Fashion accessories market expansion opportunities(p.803)
- • Margin improvement potential through operational efficiency(p.800)
- • Large untapped market with low eyewear penetration and rising refractive error incidence(p.913)
- • Shift from unorganized to organized retail creating growth opportunity(p.913)
- • Expansion of omnichannel retail model with rising digital influence(p.914)
- • Growing D2C market share in international markets(p.913)
- • Multiplicity trend increasing customer purchase frequency(p.914)
- • Geographic expansion with 415 new cities in India and 145 in international markets(p.914)
Threats
- • Dependence on China for frame manufacturing and raw material imports through JV(p.37)
- • Environmental, health and safety regulatory compliance costs and penalties(p.37)
- • Risks of manufacturing facility shutdowns or breakdowns affecting operations(p.37)
- • Delays in planned Hyderabad greenfield manufacturing facility commercialization(p.37)
- • Retail store location and demographic changes affecting store network performance(p.37)
- • Geopolitical tensions and supply chain disruptions from China(p.71)
- • Medical advancements reducing demand for corrective eyewear(p.82)
- • Competition from fragmented unorganized sector(p.91)
- • Foreign exchange volatility affecting profitability(p.79)
- • Global regulatory changes and compliance requirements(p.79)
- • Economic slowdown affecting consumer demand(p.77)
- • Lease renewal and real estate market uncertainty(p.88)
- • Intense global competition from competitors with greater resources(p.92)
- • Cyclical demand patterns with seasonality affecting quarterly results(p.101)
- • Rising labor costs and strikes risk in stringent labor law jurisdictions(p.93)
- • Vulnerability to cyber attacks and data breaches affecting customer data(p.94)
- • Macroeconomic uncertainties and geopolitical tensions affecting India and supply chains(p.110)
- • Regulatory changes in FDI and SBRT policies affecting operations(p.111)
- • Technology system failures disrupting omnichannel operations(p.93)
- • Foreign exchange fluctuation risks affecting international operations(p.110)
- • Highly fragmented market with organized retail representing only ~23% of India's prescription eyeglasses market(p.229)
- • Increased competition from both organized retailers and global eyewear companies(p.229)
- • Risk of delays and cost overruns in store setup and technology deployment(p.109)
- • Exposure to lease escalation and landlord relationship risks across large store portfolio(p.217)
- • Dependence on vendor quotations with limited fixed-price agreements for store setup costs(p.216)
- • High fragmentation of unorganized retail limiting standardization across markets(p.286)
- • Import dependency for frames and lenses driving up input costs(p.260)
- • Limited optometrist availability constraining market expansion(p.258)
- • Low optical store density in emerging markets limiting accessibility(p.259)
- • Affordability constraints in price-sensitive emerging markets(p.287)
- • High customization complexity and inventory management challenges(p.286)
- • Highly fragmented market with 70% unorganized competition(p.337)
- • Competition from established global eyewear retailers(p.337)
- • Import dependency and FX exposure on China imports at 42.21% of purchases(p.333)
- • Reliance on third-party suppliers without long-term contracts(p.332)
- • Competition from indirect sources: global lens manufacturers supplying competitors(p.337)
- • Terminated master franchise agreement creating operational uncertainty(p.575)
- • Transition to O&M services model may impact revenue stability(p.575)
- • Regulatory change in employment benefits increasing cost uncertainty(p.603)
- • History of GST compliance issues creating regulatory risk(p.564)
- • Rapid depletion of cash reserves amid operating losses(p.715)
- • Severe customer concentration risk or revenue volatility(p.708)
- • Inability to achieve profitability impacting going concern(p.722)
- • Foreign exchange volatility affecting translated financial results(p.807)
- • Economic sensitivity of fashion retail to consumer spending patterns(p.803)
- • Competitive retail market pressures(p.818)
- • Operating lease inflexibility despite termination options(p.814)
- • Global operations exposure to management, legal, tax, political and economic risks(p.913)
- • Competition and threats in global eyewear industry(p.913)
- • Medical advancements may reduce demand for eyewear(p.913)
- • Proforma financial information not indicative of future results(p.909)
- • Integration risks from recent acquisitions(p.910)
Promoters
| Name | Role | Pre-Issue | Post-Issue |
|---|---|---|---|
| Peyush Bansal | Promoter | 10.28% | — |
| Neha Bansal | Promoter | 7.61% | — |
| Amit Chaudhary | Promoter | 0.98% | — |
| Sumeet Kapahi | Promoter | 0.96% | — |
| Peyush Bansal | Promoter/Promoter Selling Shareholder | — | — |
| Neha Bansal | Promoter/Promoter Selling Shareholder | — | — |
| Amit Chaudhary | Promoter/Promoter Selling Shareholder | — | — |
| Sumeet Kapahi | Promoter/Promoter Selling Shareholder | — | — |
| Peyush Bansal | Promoter/Selling Shareholder | — | — |
| Neha Bansal | Promoter/Selling Shareholder | — | — |
| Amit Chaudhary | Promoter/Selling Shareholder | — | — |
| Sumeet Kapahi | Promoter/Selling Shareholder | — | — |
| Peyush Bansal | Promoter | 173,222,220 equity shares (10.30%) | [●] |
| Neha Bansal | Promoter | 128,271,184 equity shares (7.63%) | [●] |
| Amit Chaudhary | Promoter | 16,585,630 equity shares (0.99%) | [●] |
| Sumeet Kapahi | Promoter | 16,107,050 equity shares (0.96%) | [●] |
| Amit Mittal | Promoter Group | 333,442 equity shares (0.02%) | [●] |
| Peyush Bansal | Promoter | 173,222,220 Equity Shares (10.28%) | — |
| Neha Bansal | Promoter | 128,271,184 Equity Shares (7.61%) | — |
| Amit Chaudhary | Promoter | 16,585,630 Equity Shares (0.98%) | — |
| Sumeet Kapahi | Promoter | 16,107,050 Equity Shares (0.96%) | — |
| Platinum Jasmine A 2018 Trust (acting through its trustee, Platinum Owl C 2018 RSC Limited) | Promoter Group/PC Shortfall Contributor | 209,815,438 Equity Shares (12.45%) | — |
| Peyush Bansal | Promoter | 19.83% on fully diluted basis (aggregate with other promoters) | — |
| Neha Bansal | Promoter | 19.83% on fully diluted basis (aggregate with other promoters) | — |
| Amit Chaudhary | Promoter | 19.83% on fully diluted basis (aggregate with other promoters) | — |
| Sumeet Kapahi | Promoter | 19.83% on fully diluted basis (aggregate with other promoters) | — |
| Peyush Bansal | Promoter | 8.88% | — |
| Neha Bansal | Promoter | 8.90% | — |
| Amit Chaudhary | Promoter | 1.06% | — |
| Sumeet Kapahi | Promoter | 1.00% | — |
| Neetu Mittal | Promoter | 45.00% | — |
| Usha Singhal | Promoter | 45.00% | — |
| Sneh Lata Mittal | Promoter | 10.00% | — |
| Lenskart Solutions Private Limited | Promoter/Acquirer | — | 100.00% |
| Neetu Mittal | Promoter | 45.00% | — |
| Usha Singhal | Promoter | 45.00% | — |
| Sneh Lata Mittal | Promoter | 10.00% | — |
| Neetu Mittal | Promoter | 45.00% | — |
| Usha Singhal | Promoter | 45.00% | — |
| Sneh Lata Mittal | Promoter | 10.00% | — |
| Devashish Fuloria | Promoter | 30.93% | — |
| Tusheet Shrivastava | Promoter | 30.93% | — |
| Antika Thakur | Promoter | 30.93% | — |
| Devshish Fuloria | Promoter | 30.93% | — |
| Tusheel Shrivastava | Promoter | 30.93% | — |
| Antika Thakur | Promoter | 30.93% | — |
| Devashish Fuloria | Promoter | 30.93% | — |
| Tussheet Shrivastava | Promoter | 30.93% | — |
| Antika Thakur | Promoter | 30.93% | — |
| Not specified in document | Promoter | — | — |
| Peyush Bansal | Promoter | — | — |
| Neha Bansal | Promoter | — | — |
| Peyush Bansal | Promoter | — | — |
| Neha Bansal | Promoter | — | — |
| Amit Chaudhary | Promoter | — | — |
| Sumeet Kapahi | Promoter | — | — |
Leadership
Peyush Bansal · Chairman, Managing Director and Chief Executive Officer
Abhishek Gupta · Chief Financial Officer
Preeti Gupta · Company Secretary and Chief Compliance Officer
Auto-extracted from the company's RHP using AI, with each fact linked to its source passage (hover any row to see the quote & page). Provided for research only, not investment advice — verify against the official RHP before relying on it.