29/10/2025
Lenskart's IPO is underpinned by strong profitability, having turned PAT positive in FY25 with a robust ₹15 billion net cash position and a revenue CAGR of 32.52% (FY23-FY25).
It is the largest organized eyewear retailer in India and one of the top two in Asia.
The company's strength lies in its unique vertical integration and omnichannel dominance, operating over 2,800 global stores and a mobile app with 100 million+ downloads.
Lenskart owns one of the world's most automated manufacturing facilities (Bhiwadi) and utilizes a technology-first approach, including AI-enabled virtual trials (38.59M in FY25).
This foundation allows for the fastest intercity logistics, offering next-day delivery in 58 Indian cities.
Targeting the ₹788 billion Indian market, Lenskart's growth is supported by key investors like Softbank and ADIA.