Lenskart

It also came after Lenskart’s six-month initial public offering lock-in expired on May 8, making about 104.7 crore shares eligible for trading.

Lenskart also plans to raise eye tests to 100 million over the next few years from about 30 million now, said founder Peyush Bansal.

The smart glasses weigh 40 grams and support over 40 languages with AI interactions.

They are built on Qualcomm’s AR1 chip and can be fitted with prescription lenses.

Quarter-on-quarter, its revenue rose 10%, while profit jumped about 70% from Q1.

Shares of the eyewear retailer opened 3% lower on the BSE at US$4.40, and 1.7% down on the NSE at US$4.46, valuing the company at US$773.9 million.

Lenskart Solutions Ltd, an eyewear retailer based in India, is preparing for its IPO opening on October 31, 2025.

The Gurgaon-based company has set an IPO price band of US$4.55-4.79 per share, with the upper end expected to raise roughly US$828 million.

Lenskart designs, manufactures, and sells eyewear through online and retail channels.

Lenskart’s smartglasses will integrate AI cameras and enable payments via voice commands.