Lenskart Closes $250M Pre-IPO Secondary at $6.5B Valuation, DRHP Targeted for Q3 FY27
Lenskart has closed a $250 million pre-IPO secondary round at a $6.5 billion valuation as the eyewear retailer firms up plans to file its DRHP in the September quarter of FY27.
Key Facts
| Detail | Value |
|---|---|
| Deal size | $250M |
| Stage | Pre-IPO |
| Valuation | $6.5 billion |
| Sector | Lenskart |
| Coverage | Startup Funding |
Lenskart announced on June 5, 2026 that it has closed a $250 million pre-IPO secondary round at a $6.5 billion valuation — a clean-up step before filing its draft red herring prospectus in Q3 FY27.
Deal Structure
Business Momentum
IPO Plan
The company is targeting a DRHP filing in the September 2026 quarter, with a listing window of late Q4 FY27 or early Q1 FY28. The IPO is expected to include a primary issuance of $400–500 million along with an OFS component.
What It Means
Lenskart joins a growing pre-IPO cohort — alongside PhonePe, Razorpay, and PhysicsWallah — preparing for the H2 2026 listing window. The clean valuation marks a 35% step-up from the company’s 2024 secondary at $4.8 billion.
Reported by Rohit Menon. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.
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