Lenskart promoters Peyush and Neha Bansal set to make the big bucks heading into the IPO open. (Photo: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

All eyes will be on Lenskart's initial public offering this week, with the issue opening for subscription on Oct. 31, Friday. The company is looking to raise Rs 7,278 crore from the IPO, with a price band of Rs 382-402 apiece.

Founder & CEO Peyush Bansal will be the biggest beneficiary of the IPO, with the Shark Tank host expected to raise almost Rs 800 crore from the offer-for-sale (OFS).

Lenskart's IPO includes an OFS component of Rs 5,128 crore, with promoters Peyush Bansal, Neha Bansal and Sumeet Kapahi selling stake in the company.

Founder and CEO, Peyush Bansal, will sell 2.05 crore shares, which amount

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