Lenskart, India’s most recognizable eyewear brand and one of the country’s top unicorns, is heading to the public markets — and its founder Peyush Bansal is about to make history again.
The Lenskart IPO will open on October 31 , and as part of the Offer for Sale (OFS), Bansal will sell 2.05 crore shares , netting an estimated ₹824 crore payout.
Even after this massive exit, he will continue to hold 8.78% of the company’s stake — reaffirming his long-term confidence in the brand he built from scratch.
Before Lenskart, Bansal was just another bright Indian engineer working at Microsoft in Canada .
But in 2010, he made a bold choice: quit his high-paying job , come back to India, and build something that solved a real problem.
At that time, eyewear retail in India was completely unorganized — expensive frames, outdated styles, and zero convenience.
That’s when Peyush Bansal launched Lenskart , with a simple idea:
“Why can’t buying glasses be as easy and exciting as buying a smartphone?”
? The Rejections Before the Revolution
In the early days, most investors rejected his idea.
“Who buys glasses online?” they laughed.But Bansal believed in the power of digital retail — and customer trust.
He worked relentlessly to build supply chains, train optometrists, and open experience stores across India.From a small startup with 5 employees, Lenskart has grown into a global eyewear powerhouse with over 2,000 stores across India, UAE, Singapore, and beyond.
? The Big Numbers — Lenskart’s IPO & Peyush’s Payout
| Metric | Details |
|---|---|
| IPO Opening Date | October 31, 2025 |
| Founder’s Shares Sold | 2.05 crore |
| Founder’s Earnings (OFS) | ₹824 crore |
| Stake Retained | 8.78% |
| Return on Investment (ROI) | 2,061% |
| Valuation | ~$5 billion (approx ₹41,000 crore)** |
| Founded | 2010 |
| Headquarters | Gurugram, India |
| Investors | SoftBank, Temasek, Premji Invest, KKR, TPG |
Over the years, Lenskart has expanded globally — entering Singapore, UAE, and Middle East markets , acquiring brands like Owndays , and investing in futuristic eyewear technologies.
It’s not just India’s biggest eyewear brand — it’s now among the top five eyewear companies globally , competing with legacy players like Ray-Ban and Warby Parker.
The man who once risked everything for an idea now stands as one of India’s most respected founder-CEOs .
Known for his humility and sharp business instincts, Peyush continues to inspire millions through Shark Tank India , where he invests in new founders with the same faith he once had in himself.
“Entrepreneurship is not about money. It’s about making vision a reality — literally, in my case,” he often jokes.
Peyush Bansal didn’t just build an eyewear brand.
He built India’s confidence in homegrown D2C innovation .
He proved that India’s next billion-dollar startups won’t just come from code — but from solving real Bharat problems.
And his 2,061% return isn’t just financial — it’s emotional. It’s proof that conviction compounds faster than capital.
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