Lenskart, one of India's leading omnichannel eyewear retailers, has emerged as a strong contender in the startup space, supported by a robust business model and strong investor backing. While the company remains unlisted, the buzz around its potential IPO has sparked intense interest in the grey market. As a result, the Lenskart Share Price in the unlisted space has become a topic of increasing focus among retail and institutional investors alike.

Founded in 2010, Lenskart has revolutionized how consumers purchase eyewear in India. With its tech-driven platform, AI-based lens fitting, and wide range of affordable to premium offerings, it caters to a broad customer base. Backed by marquee investors like SoftBank, Temasek, and KKR, the company has raised over $1.5 billion in funding and expanded to markets like the Middle East and Southeast Asia. This aggressive growth and international focus are key drivers behind the rising Lenskart Share Price in the pre-IPO market.

Experts believe that the valuation of Lenskart in the private space already reflects strong expectations for its future IPO. Currently, the company is valued at over $4.5 billion, and this valuation significantly influences the grey market sentiment. Analysts tracking the unlisted space suggest that the Lenskart Share Price is trading at a premium due to its high revenue growth, improving profitability metrics, and first-mover advantage in organized eyewear retail.

Recent financial reports reveal that Lenskart’s consolidated revenue crossed ₹3,500 crore in FY24, a 50% jump from the previous year. The company is steadily improving its EBITDA margins and has been inching closer to net profitability. These positive financials are major confidence boosters for investors, who anticipate that the IPO will offer solid listing gains. In turn, this optimism has led to a steady rise in Lenskart Share Price in the unlisted space over the past 12 months.

Projections for the Lenskart Share Price post-IPO are quite optimistic. Market analysts estimate that if the company lists at a valuation of $6–7 billion, early investors in the unlisted market could expect returns of 30–50%, depending on the listing price. However, experts also advise caution, emphasizing the need to consider competitive risks, global expansion challenges, and rising operational costs.

Another factor impacting the Lenskart Share Price is the company’s vertical integration and tech innovation. Lenskart manufactures its own lenses and frames, allowing it to maintain quality control and achieve better margins. Its AI-driven tools for eye testing and virtual try-ons have made the customer experience seamless. This level of technological advancement positions the brand not just as a retailer but also as a tech-first eyewear brand—an attractive narrative for modern investors.

In conclusion, while the Lenskart Share Price in the unlisted market has seen impressive momentum, it's important for investors to conduct due diligence and consider long-term fundamentals. The company’s strong business model, consistent revenue growth, and visionary leadership make it a compelling pre-IPO opportunity. However, like any unlisted equity, there are risks involved, and timing your entry and exit is key.

For detailed insights, valuation analysis, and updates on unlisted shares like Lenskart, visit UnlistedZone—your trusted source for pre-IPO intelligence.