Lenskart has launched its massive ₹7,300-crore IPO, aiming for a valuation near ₹70,000 crore, with strong interest from both institutional and retail investors. The funds will be used to open new stores, expand international operations, invest in technology, and boost brand visibility. Despite the excitement, analysts warn of risks due to Lenskart’s capital-heavy business model and premium pricing, noting investors should watch financial performance closely. The IPO marks one of the largest in India’s eyewear segment, reflecting high growth potential but also concerns about sustainability at current valuation levels.
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