Lenskart Solutions Limited IPO

1. Company Information

Lenskart Solutions Limited commenced their operations in India as an online business in 2010 and opened their first retail store in New Delhi in 2013. Since then, they have scaled through both the online and offline channels and have established a presence through their retail stores, websites, mobile applications, and other channels.They believe that clear vision is fundamental to the personal development and well-being of an individual, and their aim is to build tech-enabled supply and distribution solutions that improve access to affordable and quality ‘Eyewear for All’. They are a technology-driven eyewear company with integrated operations spanning designing, manufacturing, branding and retailing of eyewear products.They primarily sell prescription eyeglasses, sunglasses, and other products such as contact lenses and eyewear accessories. India is their largest market, and according to the Redseer Report, they are the largest seller of prescription eyeglasses in terms of volumes sold in India in Financial Year 2025, among organized retailers. Leveraging their experience and capabilities in India, they have expanded into select international markets including Japan, Southeast Asia and the Middle East. They are India’s largest, and in Asia, are amongst the two largest, organized retailers of prescription eyeglasses in terms of B2C eyeglasses sales volumes during the Financial Year 2025, according to the Redseer Report.

2. Competitive Strengths

Centralized supply chain and in-house manufacturing
In-house frame and lens engineering
Direct-to-consumer approach
Customer-centric product design
Owned eyewear brand portfolio
Technology-led operations and retail experience
Omnichannel retail presence
Multi-year revenue and EBITDA growth trajectory

3.Lenskart Solutions Limited IPO  Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270
lenskart.ipo@in.mpms.mufg.com
https://linkintime.co.in