Lenskart’s Rs 7.2K-crore IPO set to hit D-Street on October 31

Eyewear manufacturer and retailer Lenskart Solutions is preparing to launch its initial public offering (IPO) on October 31, with the issue expected to raise approximately Rs 7,278 crore, valuing the company at Rs 72,719 crore.

According to the Red Herring Prospectus (RHP) submitted with the Securities and Exchange Board of India (Sebi) on Saturday, the anchor investor portion will open on October 30, followed by public bidding from October 31 to November 4. Share allocation will be finalised by November 6, with the stock expected to debut on BSE and NSE on November 10.