Lenskart IPO

the ₹382-402 price band implies a stretched 234x P/E, 10x EV/Sales, and 70x EV/EBITDA on a ₹70,000 crore market cap, far exceeding peers like Nykaa or Trent. Risks include fierce competition from Titan Eye+ and global players, margin pressures from overseas ventures, and reliance on online sales vulnerable to tech disruptions. Profitability remains modest without those gains, and promoter stake dilution via OFS signals confidence but also liquidity needs. As discussed in analysis video on this ipo posted on youtube channel EFTI WEALTH. The company has valued itself around 3 times more than its possible worth.