Lenskart Solutions, one of the leading eyewear retailer brand, is all set to make its debut with an initial public offering on Friday. However, Peyush Bansal, the co-founder and chief executive officer, has been facing flak over the high valuation fixed for his IPO-bound company.

Lenskart appears to be seeking a valuation that is significantly higher than its global peers. At the upper end of its price band, Lenskart’s market capitalisation on listing will be close to Rs 70,000 crore or $7.946 billion, based on financial year 2026 market cap data, according to NDTV Profit calculations.

The company's valuation metrics suggest a high premium, which is its price-to-earnings or P/E ratio. This is projected at 236.5 times for financial year 2025 and a massive 202.1 times for financial year 20

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