Under Peyush Bansal’s leadership, Lenskart has transformed from a scrappy Delhi startup into a structured, omnichannel eyewear giant ready for its ₹8,000-crore IPO, thanks to its publicly filed DRHP with SEBI—eschewing the now-popular confidential route in favor of openness and investor confidence. Shareholders have approved the equity raise of ₹2,150 crore, reinforcing the firm's readiness to tap public markets. 

Bansal has consolidated ownership by acquiring a 2.5% stake for ₹222 crore from early investors—a strategic move that aligns leadership interests ahead of listing. Simultaneously, Lenskart is advancing its tech capabilities through “small, beautiful” AI acquisitions, reinforcing its retail and customer experience edge.

With strong FY24 financials—a 43% revenue increase (to ₹5,428 crore), significantly narrowed losses, and doubled operating margins—Lenskart enters the IPO phase on firmer ground.

As the IPO looms, Lenskart stands at a pivotal crossroad: its success will depend on converting domestic dominance into true global optics leadership—anchored by tech innovation, transparent governance, and a bold expansion strategy. What comes next is how it leverages this public debut to scale sustainably and remain vision-centric in the global marketplace.