Upcoming Lenskart IPO: 3 reasons Jefferies bets on this SoftBank-backed Rs 2,200 cr issue
Lenskart, a popular eyewear provider co-founded by Peyush Bansal, has filed for an IPO to raise Rs 2,200 crore through a fresh issue and offer for sale. Jefferies predicts strong growth in the organized retail eyewear market in India, which makes up 60% of Lenskart’s revenue. The company is also expanding globally, operating in 10+ countries.