Peyush Bansal led top eyewear retailer Lenskart Solutions Limited is targeting a post-money valuation of around Rs 70,000 crore ($7.97 bn) for its proposed initial public offer (IPO) at the higher end of the price band, multiple industry sources in the know told Moneycontrol.

The firm, which is backed by marquee investors like Softbank, ADIA and Temasek will file its red herring prospectus shortly and plans to launch the issue for public subscription on Oct 31, November 3 and November 4 with the anchor portion slated for October 30, these industry sources added. These dates may move by a day depending on the approval from the RoC, they warned.

To be sure, November 1 and November 2 fall on a weekend.

Due to pre-IPO rounds, the OFS or offer for sale portion may be trimmed and the final co

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