Lenskart’s Peyush Bansal Pens Emotional Note Ahead Of IPO
In a heartfelt message to shareholders and team members, Lenskart Solutions Limited co-founder and CEO Peyush Bansal reflected on the company’s 15-year journey, stating that Lenskart “wasn’t built to chase valuations but to solve a problem.” He acknowledged that the upcoming IPO marks “day zero” of a new chapter, rather than the culmination of the story.
Bansal’s Words On Growth And Purpose
Bansal recalled the company’s origins as a start-up with limited resources and expressed gratitude to funders, employees and early believers. He emphasised that Lenskart’s focus has always been on making eyewear accessible and improving vision for customers, rather than purely on numbers. He used the note to reaffirm commitments to category leadership and sustainable growth post-listing.
IPO Context And Market Outlook
Lenskart is moving ahead with an IPO that seeks to raise approximately ₹7,278 crore, comprising both fresh issuance and offer-for-sale, and reportedly secured subscriptions more than 28 times. The valuation at listing is estimated at nearly ₹70,000 crore. While investor interest appears strong, analysts point to high valuation multiples and execution risks as factors to watch closely. Bansal’s message ahead of the listing signals confidence, but also reminds stakeholders that the journey ahead remains long and grounded.
