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GURUGRAM EYEWEAR COMPANY
ADIA to sell 2.3% Lenskart stake in Rs 1,944 crore block dealAbu Dhabi Investment Authority is set to divest a 2.3% stake in Lenskart for approximately Rs 1,944 crore via a block deal. This follows So...- These large- and mid-cap stocks can give more than 20% return in 1 year, according to analystsHas a peace deal been agreed on by the US and Iran? Will the fragile ceasefire hold? No one can answer these questions with any certainty. ...
- Lenskart Q4 revenue jumps 46% on volume expansionLenskart reported a significant 46% jump in revenue from operations to Rs 2,515 crore in the January-March quarter, driven by volume expans...
- Lenskart to step up AI push in FY27, targets scale-up in eye tests, automationLenskart is pivoting to a consumer-AI company, making artificial intelligence central to its FY27 growth strategy. The company aims to inte...
- Lenskart shares fall 3% after big block deal, IPO lock-in expiry worth Rs 51,000 croreLenskart share price dropped 3% following a massive Rs 5,315 crore block deal and the expiry of a Rs 51,000 crore IPO lock-in. Despite a re...
- Lenskart Q3 Results: Cons profit skyrockets 6,983% YoY to Rs 131 crore, revenue jumps 38%Lenskart Solutions witnessed a remarkable surge in its net profit, climbing by 6,982% to Rs 131 crore in the December-ended quarter. This s...
- Lenskart IPO Day 1: Issue subscribed 1.13 times, retail investors bid 1.31x; check GMP trendsLenskart IPO: Lenskart's Rs 7,278 crore IPO opened today, fully subscribed by afternoon with over 10 crore bids. The omnichannel eyewear gi...
- Lenskart IPO: Eyewear retailer's anchor book gets bids worth Rs 68,000 crore from top FIIs, domestic MFs: sourcesDomestic investors and mutual fund houses including SBI Mutual Fund, ICICI Prudential, HDFC and Birla Sun Life have bid to pick up Lenskart...
- Lenskart IPO opens: Clear opportunity or blurry bet? Check GMP, analyst calls & subscription updatesLenskart, India's top eyewear seller, has opened its Rs 7,278 crore IPO. The issue closes on November 4. Investors see potential listing ga...
- SBI Mutual Fund buys Rs 100-crore worth Lenskart stake at $7.7 billion valuationSBI Mutual Fund has invested Rs 100 crore in Lenskart. This investment values the eyewear retailer at Rs 67,762 crore. Lenskart is preparin...
- Sebi approves eyewear market leader Lenskart's IPO along with 4 othersEyewear unicorn Lenskart receives Sebi approval for its IPO, comprising a Rs 2,150 crore fresh issue and OFS. The listing follows strong FY...
- Lenskart IPO: Founder Peyush Bansal buys back company shares at steep discount ahead of going publicBansal, who owns a 10.3% stake in Lenskart, is also selling 20.5 million shares in the initial public offering’s (IPO) offer-for-sale compo...
- IPO-bound Lenskart buys 80% stake in Spain's Meller for Rs 407 croreLenskart Meller Acquisition: Lenskart, through its Singapore subsidiary, will acquire an 80% stake in Spanish eyewear brand Meller. This mo...
- Fidelity marks up IPO-bound Lenskart's valuation to $6.1 billionFidelity has increased Lenskart's valuation to $6.1 billion, a 21% rise from its previous $5 billion valuation. The omnichannel eyewear ret...
- Lenskart becomes public limited company in preparation for IPOThe Gurugram-based omnichannel eyewear brand Lenskart closed a $200 million secondary round in June 2024 at a $5 billion valuation. Singapo...
- ET Awards: We are driven by the purpose of giving vision to people: Peyush BansalLenskart's CEO, Peyush Bansal, has led the company's growth to over 2,500 stores while maintaining operational efficiency. The 2022 acquisi...
- Blow for Karnataka: Lenskart drops plans for Bengaluru, signs up with Telangana for Rs 1500 crore investmentTV Mohandas Pai, chairman of Aarin Capital, called the investment "another blow for Karnataka." He urged Minister M. B. Patil to act immedi...
- Former Oyo exec Abhishek Gupta joins Lenskart as CFOGupta left Oyo in March this year and joined Lenskart in August, as per his LinkedIn profile. In December, Oyo said Gupta would be stepping...
- State minister offers land in Bengaluru for Lenskart, netizens suggest north KarnatakaKarnataka's Industries & Infrastructure Minister MB Patil has extended an offer of land to the eyewear retail chain Lenskart in Bengaluru, ...
- ET Startup Awards 2023: Nominees for Startup of the YearThe ET Startup of the Year will be characterised by breakthrough innovation, top-class execution and fast-paced growth. The quality of the ...
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