Lenskart IPO

Inside Lenskart growth before IPO: Promising earnings at first glance or accounting adjustment?

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Inside Lenskart growth before IPO: Promising earnings at first glance or accounting adjustment?

Eyewear retailer Lenskart Solutions, which is gearing up for its highly anticipated IPO, has reported what appears to be a sharp turnaround in FY25. The company posted a net profit of Rs 297 crore on revenues of Rs 6,652 crore, marking a strong recovery from a loss of Rs 10 crore a year earlier. At … Read more

Lenskart, Billionbrains set to cap record month for India IPOs

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Lenskart, Billionbrains set to cap record month for India IPOs

Eyewear retailer Lenskart Solutions Ltd. and financial services firm Billionbrains Garage Ventures Ltd. are set to raise a combined $1.7 billion via initial public offerings later this month, people familiar with the matter said, adding to India’s deluge of stock listings. SoftBank Group Corp.-backed Lenskart plans to launch an IPO worth about $900 million, while … Read more