‘Lenskart wasn’t built to chase valuations, but…’: Peyush Bansal pens an emotional note ahead of listing

Ahead of the listing on Monday, Lenskart’s co-founder Peyush Bansal shared a note to shareholders, reflecting on the company’s 15-year journey from a small eyewear startup to a global omnichannel brand valued at nearly Rs 70,000 crore. The company’s shares are set to debut on the stock exchanges tomorrow, marking a milestone for the company. The IPO, which raised Rs 7,278 crore, was subscribed 28 times, drawing bids worth nearly Rs 1 lakh crore. Despite a volatile grey market, investor interest has been healthy during the bidding.