Lenskart to file public DRHP for $1 billion IPO in July

Lenskart to file public DRHP for $1 billion IPO in July

Eyewear unicorn Lenskart will file a public DRHP in early July, aiming to raise $1 billion at a $10 billion valuation. This move signals transparency, unlike peers using the confidential route. Backed by strong FY24 results, ₹5,427.7 Cr revenue and an 84% drop in losses, the company is expanding globally and building the world’s largest eyewear facility in Hyderabad.

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