Categories: Business & Economy

Sebi approves the Wakefit and Lenskart Introduction Plans

The Indian market regulator, SEBI, approved the initial plans of the public offer (IPO) of the house solutions and sleep solutions Wakefit and the Lenskart glasses retailer, paving the road to the two companies to list on the Indian scholarships.

Lenkart

Lenskart, who would become the first glasses company only in India to be made public, operates 2,067 stores at the national level and 656 abroad.

The company, valued at 49,000 sterling books on September 10, filed a stock market intervention in July, seeking to increase 2,150 sterling books by a new problem. Funds should be used to open new stores belonging to the company, invest in Cloud technology and infrastructure and the general objectives of the company. Jefferies analysts have said that increasing vision problems, more in -depth market penetration and increased health insurance coverage could stimulate the demand for glasses in India.

Wakefit

Wakefit, a leading player in the home and sleep solutions market, has crossed 1,000 drips in FY23-24 income and resumed his profits with an ebitda of 65 sterling books.

The company, which has launched sleep solutions supplied by the AI ​​under the Wakefit Zense brand, has filed items for its IPO with SEBI in June 2025. The offer includes a new issue of shares in shares and an offer for sale, with a product intended for extension and strengthening operations.

The approvals mark an important step for the IPO pipeline focused on India consumers, highlighting investors’ appetite for growth -oriented businesses in lifestyle and health segments.

Read also: Tata Capital IPO: The CEO tackles the question of the margin

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Michael Johnson

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