India’s eyewear disruptor Lenskart is gearing up for its much-anticipated IPO, and its co-founder and CEO Peyush Bansal is poised to enter the billionaire club. The company is expected to list on the Mumbai stock exchange as early as November 2025, targeting a valuation of $9 billion. If the IPO sees a 25% pop on debut, Bansal’s stake—estimated at around 11–12%—could cross the $1 billion mark, making him one of India’s newest self-made billionaires.
Bansal, 41, launched Lenskart in 2010 with a vision to digitize eyewear retail in India. Over the past 15 years, he has scaled the company into a multi-billion-dollar omnichannel brand, backed by marquee investors like SoftBank, Temasek, Kedaara Capital, and Alpha Wave Global. His journey from a Microsoft employee to a Shark Tank India judge and now a potential billionaire is a testament to India’s startup ecosystem.
🧠 Key Highlights of Peyush Bansal’s Net Worth and Lenskart IPO
| Element | Details |
|---|---|
| IPO Timeline | Expected in November 2025 |
| Target Valuation | $9 billion |
| Bansal’s Stake | Estimated 11–12% |
| Potential Net Worth | $1 billion+ post IPO |
| Current Role | CEO & MD, Lenskart |
| Other Ventures | Shark Tank India, angel investments |
Bansal’s net worth is currently estimated between $700–850 million, depending on secondary share valuations and private equity rounds.
📊 Timeline of Lenskart’s Growth and IPO Journey
| Year | Milestone Description |
|---|---|
| 2010 | Lenskart founded by Peyush Bansal |
| 2015 | Launch of omnichannel retail model |
| 2020 | SoftBank Vision Fund invests $275 million |
| 2023 | Lenskart expands to UAE, Singapore |
| November 2025 | IPO expected on Dalal Street |
The IPO will be one of India’s largest consumer-tech listings, rivaling Nykaa and Zomato in scale.
🗣️ Reactions from Industry and Investors
- SoftBank India Head: “Lenskart is a rare blend of tech and retail execution.”
- Startup Analysts: “Bansal’s IPO moment is a validation of founder-led growth.”
- Retail Investors: “Excited to own a piece of India’s eyewear revolution.”
| Stakeholder Group | Reaction Summary |
|---|---|
| Venture Capitalists | Applauding Bansal’s capital efficiency |
| Retail Traders | Tracking IPO allotment and grey market |
| Entrepreneurs | Inspired by Bansal’s Shark Tank journey |
| Media | Profiling Bansal’s rise and IPO strategy |
Bansal’s leadership style—focused on frugality, tech-first operations, and customer-centricity—has earned him admiration across sectors.
🧾 Peyush Bansal’s Net Worth Breakdown and Business Interests
| Asset Class | Estimated Value (USD) | Notes |
|---|---|---|
| Lenskart Equity | $900 million (post IPO) | Based on 11–12% stake |
| Angel Investments | $30 million | Includes startups in healthtech, edtech |
| Real Estate & Holdings | $20 million | Properties in Delhi, Gurugram |
| Media & IP Rights | $10 million | Shark Tank India, brand endorsements |
| Total Estimated Net Worth | $960 million–$1.05 billion | Subject to IPO performance |
Post-IPO, Bansal is expected to join the ranks of India’s top 100 richest individuals.
🧭 What to Watch in Lenskart’s IPO and Bansal’s Journey
- IPO Roadshows: Domestic and global investor pitches underway
- Retail Allotment Strategy: High demand expected from Gen Z investors
- Brand Expansion: Lenskart to enter US and UK markets in 2026
- Founder Liquidity: Bansal unlikely to sell major stake in IPO
Bansal concluded in a recent interview, “We built Lenskart for India. The IPO is just a milestone, not the destination.”
Disclaimer
This news content is based on verified financial reports, investor briefings, and media coverage as of October 17, 2025. It is intended for editorial use and public awareness. The information does not constitute investment advice, financial forecasting, or stock recommendations and adheres to ethical journalism standards.
