Shardul Amarchand Mangaldas advises Book Running Lead Managers on Lenskart’s ₹7,278 crore initial public offering

November 10, 2025

Shardul Amarchand Mangaldas & Co. (SAM) advised the Book Running Lead Managers – Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, Avendus Capital Private Limited, Citigroup Global Markets India Private Limited, Axis Capital Limited, and Intensive Fiscal Services Private Limited, on the ₹7,278 crore (approximately US$ 821 million) initial public offering (IPO) of Lenskart Solutions Limited (Lenskart).

The IPO comprised a fresh issue of equity shares worth ₹2,150 crores and an offer for sale of equity shares aggregating to ₹5,128 crores by the promoter and investor selling shareholders.

The SAM team was led by Prashant Gupta, Partner & National Practice Head – Capital Markets, and included Sayantan Dutta, Partner; Ritika Khare, Senior Associate; Rishika Kharbanda, Associate; and Aryan Singh, Associate.