As the stock market debut of Lenskart is set for November 10, CEO and founder Peyush Bansal has reflected on the company’s journey in an emotional letter that traces its evolution from a modest Delhi start-up to a global eyewear behemoth over the last 15 years.
The message from his side, which is named “It’s Still Day Zero — On the Eve of Lenskart’s Listing”,” talks about the company’s very modest starting point with the driving force being a simple mission — to provide good vision to millions of Indians. He said that one of Lenskart’s earliest customers was a teacher who, after wearing her new glasses, cried with happiness. “That instance made me realize that vision is not just eyesight; it is also respect and opportunity,” he stated.
Bansal sees the Lenskart IPO as the company’s new chapter, not the end of the road. “It might look like a milestone tomorrow, but for me, it is still Day Zero — the start of a new promise,” he said, pointing out that Lenskart’s mission is more than just making money. “Profit is oxygen — it keeps the company alive. However, purpose is breath — it keeps the company human,” he added.
Lenskart’s IPO is about ₹7,278 crore with the share price being in the range of ₹382 to ₹402 which puts the company’s valuation at more than ₹69,700 crore. Among the investors of Lenskart are SoftBank, Temasek, KKR, and Alpha Wave Ventures. In FY25, Lenskart has achieved a net profit of ₹297 crore on the top line of ₹6,652 crore, which is a rare profitability milestone for digital consumer brands in India.
Bansal also praised the Lenskart Foundation which under the leadership of his wife Nidhi Bansal, is enabling the less privileged sections of the society to get the much-needed eye care at an affordable rate. He looks forward to the company’s commitment to innovation through its connected eyewear line, B by Lenskart.
“It won’t be the sound of victory when the bell is rung,” Bansal summed up. “Rather it’ll be the sound of a reminder — to keep building, keep serving, and keep dreaming.”
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