Eyewear major Lenskart Solutions Ltd recently closed its much-awaited Rs 7,278 crore initial public offering (IPO) on November 4, 2025, attracting huge interest from investors and increasing subscription rates by more than 28 times. The price range of the IPO was set between Rs 382 and Rs 402 per share, valuing the company at the upper end at around Rs 70,000 crore. Lenskart’s IPO comprised a fresh issue of Rs 2,150 crore and an offer for sale (OFS) of about Rs 5,128 crore by its promoters and early investors including SoftBank Vision Fund II, Schroders Capital and Temasek.
Soha Ali Khan breaks Lenskart’s Rs 7,278 crore IPO; Says, “It’s expensive compared to current profits”
Founded in 2008 by Piyush Bansal and Amit Chaudhary, Lenskart today operates over 2,700 stores across India and international markets. The company reported revenue of Rs 6,652 crore for FY25 and is India’s largest organized eyewear retailer by volume. The proceeds from the IPO will fund expansion of company-operated stores, technology investments, marketing campaigns and other corporate objectives.
Amid the massive IPO frenzy, Bollywood actress Soha Ali Khan brought financial literacy to the forefront. Sharing a short but informative video on social media, he urged followers to fully understand the IPO before investing, explaining that it is “expensive compared to existing profits.” “If you believe in the brand in the long run, great. But if you’re expecting to be rich by next Friday, maybe take another look,” Soha said.
She simplified the concept of an IPO to her fans, explaining that it marks the first time a private company offers shares to the public: “It’s saying, ‘Hey, now you can own a small part of our company.'” Soha’s message resonated widely when a high valuation and massive retail appetite combined to produce a sell-out IPO event.The allotment for the IPO will be announced on November 6, whose shares will be listed on BSE and NSE from November 10, 2025. Despite some valuation concerns from analysts, the IPO has been appreciated for its strong investor confidence, especially from qualified institutional buyers, who have subscribed over 40 times their quota.
Bollywood News – Live Updates
Follow us for latest Bollywood News, New Bollywood Movies update, Box Office Collection, New Movies Release, Bollywood News Hindi, Entertainment News, Bollywood Live News Today & Upcoming Movies 2025 and stay updated with latest hindi movies only on IHNS.
