Lenskart Solutions Limited (LENSKART) — Offer Document Announcement

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📢 Key Event
CARE Ratings Monitoring Agency Report confirms Rs. 127.06 crore IPO proceeds utilization for Lenskart Solutions Limited.

🔄 What Changed
Rs. 127.06 crore utilized from Rs. 2150 crore IPO proceeds; Rs. 1924.89 crore remains unutilized in FDs and cash.

🔮 What's Next
Deployment of unutilized proceeds to continue through November 2028 as per prospectus schedule.

💡 Investor Takeaway
The company is on track with IPO fund deployment, maintaining compliance and transparency with no material deviations reported.

Lenskart Solutions Limited disclosed a CARE Ratings Monitoring Agency Report for the quarter ended March 31, 2026, confirming utilization of Rs. 127.06 crore from the Rs. 2150 crore IPO proceeds, aligning with the prospectus. The report validates compliance with SEBI regulations, noting no material deviations, delays, or conflicts of interest. All proceeds remain largely unutilized (Rs. 1924.89 crore), parked in fixed deposits and idle cash, with deployment timelines extending to November 2028. The company incurred Rs. 6.22 crore on marketing and Rs. 38.06 crore on advance tax payments during the quarter.

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About Lenskart Solutions Limited (LENSKART)

Consumer Services · Retailing · Listed on NSE

Market Cap: ₹81,481.32 Cr

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Lenskart Solutions Limited (LENSKART) — Offer Document Announcement

About Lenskart Solutions Limited (LENSKART)

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