Choice Equity Broking, Lenskart Solutions Ltd

Lenskart Solutions Ltd. (LSL), Incorporated on May 19, 2008, is a technology-driven eyewear company with integrated operations across design, manufacturing, branding, and retailing of eyewear products. The company primarily offers prescription eyeglasses, sunglasses, contact lenses, and eyewear accessories. Operating through a direct-to-consumer model, LSL designs and sells a diverse range of products under its own brands and sub-brands. • This public issue is a combination of fresh issue (Rs. 2,150cr) and OFS (Rs. 4,872.89 - 5,128.02cr). The company will not receive any proceeds from the OFS portion. From the fresh issue net proceeds, the company will be utilizing Rs. 272.62cr for capital expenditure towards set-up of new CoCo stores in India

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