Here’s a bold statement for you: Getting rich quick is a myth, and the Lenskart IPO is no exception. But don’t let that stop you from exploring this buzzworthy investment opportunity. Actor and London School of Economics graduate Soha Ali Khan recently took to social media to break down the Rs 7,278-crore Lenskart IPO in a way that even beginners can understand. And this is the part most people miss—she’s not just an actor; she has a background in finance, making her insights particularly valuable. But here’s where it gets controversial: Is this IPO a golden opportunity or a risky bet? Let’s dive in.
Soha’s Instagram video starts with a powerful message: ‘Financial literacy isn’t just about saving or investing—it’s about making informed choices when opportunities like these arise.’ With the Lenskart IPO opening for subscription on October 31, the timing couldn’t be better. She begins by explaining what an IPO actually is—a process where a private company offers its shares to the public for the first time. Think of it as the company saying, ‘Hey, now you can own a tiny piece of our success story.’ In Lenskart’s case, it’s not just about buying their trendy glasses; it’s about buying into their future.
But here’s the twist: While Lenskart is a strong, growing brand with big-name investors backing it, the IPO comes with a hefty price tag relative to its current profits. Plus, some of the money raised will go to existing investors cashing out. Soha wisely points out that this isn’t a guaranteed win—far from it. If you’re investing with the hope of getting rich by next Friday, she advises, ‘Maybe have another think.’ But if you believe in the brand’s long-term potential, it could be worth considering.
Let’s break down the numbers. The IPO includes a fresh issue of Rs 2,150 crore and an offer for sale of Rs 5,128 crore by existing shareholders. The price band is set at Rs 382–Rs 402 per share, with a minimum investment of Rs 14,874 for retail investors. The allotment process began on October 31 and ends on November 4, with shares expected to list on the BSE and NSE by November 10. Co-founded in 2008 by Amit Chaudhary and current CEO Peyush Bansal, Lenskart now boasts over 3,000 employees and a strong market presence.
Here’s the controversial question: Is Lenskart’s high valuation justified, or are investors paying a premium for hype? Soha doesn’t shy away from highlighting this debate. While the brand’s growth and investor backing are undeniable, the IPO’s pricing raises eyebrows. What do you think? Is this an opportunity to be part of an Indian success story, or a cautionary tale about overvalued stocks? Let’s discuss in the comments—I’m curious to hear your take!
