SoftBank(US:SOBKY) Zhi Tong Cai Jing·2025-10-27 03:28Group 1 - Lenskart Solutions Ltd. plans to raise up to ₹72.8 billion (approximately $828 million) through its upcoming IPO in Mumbai, indicating a strong trend in the Indian IPO market [1] - The price range for the IPO is set between ₹382 and ₹402 per share, with anchor investors able to subscribe on October 30, followed by other investors from October 31 to November 4 [1] - The company aims to raise ₹21.5 billion through new share issuance, while existing shareholders will sell up to 127.6 million shares [1] Group 2 - Founded in 2010, Lenskart has notable investors including Abu Dhabi Investment Authority, KKR, and TPG [2] - In 2024, Lenskart secured $200 million in funding from Temasek Holdings and Fidelity Management, with a valuation of $5 billion, which was later adjusted to $6.1 billion by Fidelity [2] - The IPO's co-managers include Kotak Mahindra Capital Co., Axis Bank, Avendus Capital Pvt., Citigroup Inc., and Morgan Stanley's Indian branches [2]