Lenskart Files for IPO Worth ₹21.5B

  Published 11 months ago

Lenskart plans ₹21.5B IPO, with promoters selling 132.3M shares; funds to boost stores, tech, and infrastructure.

  • IPO includes fresh share issues and stake sale by SoftBank, Kedaara, and Temasek, among other major promoters.
  • Funds will be used to expand CoCo stores, invest in tech, cloud, and general corporate purposes, says the draft.
  • Company valued at $6.1B; Morgan Stanley, Citi, Kotak, and Axis are lead bookrunners for the upcoming public offer.

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