Lenskart files DRHP for Rs 2,150 Cr IPO; SoftBank, Temasek among key sellers

Share via:


Eyewear brand Lenskart has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The Gurugram-based company aims to raise Rs 2,150 crore via a fresh issue, while existing shareholders plan to offload up to 13.2 crore shares through an Offer for Sale (OFS).

According to the DRHP, the OFS will see participation from several marquee investors, including SoftBank, Temasek, Schroders Capital, PI Opportunities Fund, Kedaara Capital, and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Lenskart files DRHP for Rs 2,150 Cr IPO; SoftBank, Temasek among key sellers


Eyewear brand Lenskart has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The Gurugram-based company aims to raise Rs 2,150 crore via a fresh issue, while existing shareholders plan to offload up to 13.2 crore shares through an Offer for Sale (OFS).

According to the DRHP, the OFS will see participation from several marquee investors, including SoftBank, Temasek, Schroders Capital, PI Opportunities Fund, Kedaara Capital, and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

2025’s Radical Frontend AI Shift

When we closed the door on 2024, there...

How to build AI systems in 2026? Google Brain...

With artificial intelligence being the buzz word in...

China Will Tax Contraceptives in a Bid to Improve...

Amid historically low birth rates and economic pressures from...

Popular