Account
Watchlists
Bookmarks
Pricing
Home
Dashboard
Ask Iris
Discovery
Timeline
Multibagg AI is an AI powered stock research and analysis platform. We provide data, information, content, and analytics for publicly traded Indian companies listed on NSE and BSE. AI can make mistakes, check important information.
Prices might be delayed by a few minutes.
Join our Exclusive Community
Made with 💙 in India. © Finsky Technologies Pvt Ltd. 2025
Lenskart Solutions Limited is a technology-driven, vertically integrated eyewear company that designs, manufactures, distributes, and retails its own brands. Operating an omnichannel model, Lenskart combines its extensive online presence through its website and mobile apps with a large network of physical stores across India, Southeast Asia, Japan, and the Middle East. Its brand portfolio includes Lenskart, Owndays, John Jacobs, and Vincent Chase, catering to a wide range of customers with products from affordable to premium segments. The company leverages technology and AI for customer experience, manufacturing, and supply chain management to provide quality eyewear at accessible prices.
Oct 31, 2025
Nov 04, 2025
Nov 10, 2025
Mainboard
Closed
7278.02 Cr
2150 Cr
5128.02 Cr
₹382 - ₹402
37
The main objectives of the issue are to utilize the net proceeds for the following purposes:
Funding capital expenditure towards the set-up of approximately 620 new Company-Owned, Company-Operated (CoCo) stores across India to deepen market penetration and expand customer access.
Financing expenditure for lease, rent, or license agreement-related payments for the new CoCo stores to be operated by the company in India.
Investing in technology and cloud infrastructure to enhance customer experience, drive operational efficiencies, and support long-term profitability through AI tools and automation.
Funding brand marketing and business promotion expenses to strengthen brand awareness and equity for Lenskart and its sub-brands across domestic and international markets.
Funding unidentified inorganic acquisitions and general corporate purposes to support growth strategies, which may include acquiring complementary businesses, assets, or technologies.
49.46
8.13
3.79%
13.84%
4.84%
—
15.27%
14.6%
11.03
Vertically integrated model with a centralized supply chain and in-house manufacturing, enabling cost efficiency and quality control.
Robust omnichannel retail network combining a large physical store footprint with a strong online presence.
Strong brand portfolio including Lenskart, Owndays, and John Jacobs, catering to diverse customer segments.
Technology-first approach leveraging AI for customer experience, store location selection, and operational efficiency.
Significant reliance on manufacturing facilities and raw material imports from China, posing supply chain and geopolitical risks.
Dependence on franchisee-operated stores, which allows for less direct operational and brand control.
History of incurring losses and negative cash flows from investing and financing activities in past financial years.
High dependence on key promoters and senior management for strategic direction and business continuity.
Large untapped market with low eyewear penetration in India, Southeast Asia, and the Middle East.
Growing trend of eyewear being adopted as a fashion and lifestyle accessory, increasing purchase frequency.
Continued shift in the retail market from unorganized to organized players, creating room for market share growth.
Expansion into new international markets and deepening presence in existing ones through organic and inorganic growth.
Intense competition from a large, fragmented unorganized retail sector and other organized players.
Advancements in medical procedures like LASIK and SMILE surgery that may reduce long-term demand for corrective eyewear.
Potential disruptions in global supply chains and adverse changes in international trade policies, especially concerning China.
Evolving data protection laws and other regulations across multiple jurisdictions that could increase compliance costs and operational complexities.