Lenskart, which would become India’s first eyewear-only company to go public, operates 2,067 stores domestically and 656 internationally.
The company, valued at ₹49,000 crore as of September 10, filed for the IPO in July, seeking to raise ₹2,150 crore through a fresh issue. Funds are expected to be used for opening new company-owned stores, investing in technology and cloud infrastructure, and general corporate purposes.
Analysts at Jefferies have said rising vision issues, deeper market penetration, and expanding health insurance coverage could drive demand for eyewear in India.Wakefit
Wakefit, a leading player in the home and sleep solutions market, crossed ₹1,000 crore in revenue in FY23-24 and returned to profit with an EBITDA of ₹65 crore.
The company, which launched AI-powered sleep solutions under the Wakefit Zense brand, filed draft papers for its IPO with SEBI in June 2025. The offering includes a fresh issue of equity shares and an offer-for-sale, with proceeds aimed at expansion and strengthening operations.
The approvals mark a significant step for India’s consumer-focused IPO pipeline, highlighting investor appetite for growth-oriented companies in both lifestyle and health segments.
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