Lenskart Solutions Ltd Company Summary

Lenskart Solutions Limited was originally incorporated as Valyoo Technologies Private Limited, as a private limited company under the Companies Act, 1956, dated May 19, 2008, issued by the Registrar of Companies, New Delhi. Thereafter, the name was changed to Lenskart Solutions Private Limited pursuant to a fresh certificate of incorporation dated May 19, 2015. Subsequently, it was converted to a public limited company and the name of the Company changed to Lenskart Solutions Limited via fresh certificate of incorporation dated June 16, 2025, issued by the RoC.The Company operate frame and lens design and eyeglass manufacturing facilities at two locations in India, supplemented by regional facilities in Singapore and the United Arab Emirates.

It primarily sell prescription eyeglasses, sunglasses, and other products such as contact lenses and eyewear accessories. As of March 31, 2025, Company works 2,067 stores in India, of which, 1,757 were owned by them and 310 were franchisee-owned.The Company commenced the operations in India as an online business in 2010 and opened first retail store in New Delhi in 2013. Since then, it has scaled through both the online and offline channels and established a centralized supply chain through retail stores, websites, mobile applications, and other channels.

It commenced the international operations in 2019 by expanding to Singapore by launching a website and one store. Since then, Company has established the international footprint in Southeast Asia, Japan, and the Middle East. It acquired Owndays, a Japan and Southeast Asia-based eyewear brand, in August 2022.

In December 2024, Company launched its affordable smart glasses category through Phonic, audio-enabled smart eyeglasses, in India.Company is planning the initial public offer by raising Rs 2150 Crore equity shares through fresh issue and by issuing 132,288,941 equity shares of face value of Rs 2 each through offer for sale.