Lenskart targets ₹70,000 crore valuation for IPO

2 Nov 2025 · 07:08 ISTpre-market1 source ↓written by the desknot a recommendation

skepticism: 260x P/E multiple

Lenskart, India's leading eyewear company, is preparing for a significant IPO, aiming for a valuation of ₹70,000 crore. The offer includes a fresh issue of ₹2,150 crore and an OFS of 127.6 million shares. Analysts express skepticism over the 260x P/E multiple, suggesting it reflects speculative optimism rather than solid long-term prospects.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 2 Nov 2025, 07:08 IST.

Sourcesnews.google.com

FMCG
Retail

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Lenskart targets ₹70,000 crore valuation for IPO

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