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Lenskart backers set for rich returns
Financial Express Mumbai
|October 28, 2025
PROMOTERS AND EARLY investors in Lenskart Solutions are set to record substantial gains as the eyewear manufacturer and retailer approaches its public listing.
The company has fixed a price band of ₹382-402 per share for its initial public offering, valuing Lenskart at around ₹69,676 crore at the upper end.
At this valuation, co-founder and CEO Peyush Bansal's 173.2 million shares, acquired at an average cost of *18.6 per share, are now worth ₹6,964 crore, representing a 10.28% stake. His holding, valued at ₹323 crore before listing, has multiplied nearly twenty-fold.
Director Neha Bansal, who oversees global merchandising, holds 128.3 million shares purchased at an average price of ₹7.6. Her 7.6% stake, earlier valued at ₹98 crore, is now worth ₹5,157 crore, delivering returns exceeding 5,100%.
This story is from the October 28, 2025 edition of Financial Express Mumbai.
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