Lenskart investors may see 5-17X gains as the firm targets Rs 70,000 crore IPO valuation

With an expected IPO valuation of Rs 70,000 crore (around $8 billion), Lenskart’s investors have reason to see the world through rose-tinted glasses. The eyewear company’s upcoming public issue could hand its backers paper gains ranging from 5X to 17X. The company’s worth has jumped significantly over the past few years, from $2.4 billion in 2021 to $6.1 billion in 2025, when it was valued by private market investors.

The Gurugram-based company filed its red herring prospectus on Sunday, with its Rs 7,300-crore public issue expected to open on…