Lenskart Solutions Limited has filed a Draft Red Herring Prospectus for an initial public offering which comprises a fresh issue of equity shares aggregating to ₹2,150 crore and an offer for sale of 13.2 crore equity shares by selling shareholders.

Cyril Amarchand Mangaldas is advising Lenskart on this IPO.

The transaction team is led by Yash J. Ashar (Senior Partner) and Aashima Johur (Partner), with support from Priyanka Khetwal (Priyanka Khetwal), and Associates Rishi Nandkeolyar, Aditya Singh, Dhawal Nirash, Kanika Bhakhna, Gaurav Lalwani and Adhiraj Andlay.

CAM is also advising promoter selling shareholders Peyush Bansal, Neha Bansal, Amit Chaudhary, and Sumeet Kapahi on this IPO.

The transaction team is led by Gokul Rajan (Partner), with support from Chinar Gupta (Principal Associate) and Vatsala Parashar (Associate).

Bharath Reddy (Partner), with support from Simran Jain (Senior Associate) and Mayank Jain (Associate) advised on the employment law related aspects of the transaction.

Shardul Amarchand Mangaldas & Co is acting for the book running lead managers - Kotak Mahindra Capital Company, Morgan Stanley India, Avendus Capital, Citigroup Global Markets India, Axis Capital, and Intensive Fiscal Services, on this IPO.

The transaction team was led by Prashant Gupta (National Practice Head - Capital Markets) and Sayantan Dutta (Partner), along with Megha Mehta (Senior Associate).

Sidley Austin is acting as the international legal counsel for the BRLMs.

The transaction team was led by Manoj Bhargava (Partner).

Trilegal is advising institutional selling shareholders, including Softbank, Kedaara Capital, KKR, Premji Invest, Temasek, TR Capital, Alpha Wave Ventures, Epiq Capital, Schroders Capital, Bay Capital Holdings, Madison India Opportunities and Chiratae Trust, on this IPO.

The transaction team was led by Brajendu Bhaskar (Partner), with support from Malika Grewal (Counsel), and Associates Pratyusha Dasgupta and Tushar Chitlangia.

Founded in 2010, Lenskart designs, manufactures, distributes, and retails prescription and regular eyewear. They've disrupted the traditional eyewear market through their online platform and extensive retail presence, offering a wide selection of frames and lenses at competitive prices. Their business model emphasizes convenience and technology, with features like virtual try-on tools and home eye-exams.

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