India, Oct. 31 -- Lenskart Solutions Ltd. is set to launch its IPO today amid an online debate over its valuation that's reflecting in its grey market premium (GMP). Also in focus is co-founder Peyush Bansal, and his net worth following the IPO.

On offer in the Lenskart IPO are 18.10 crore shares-5.35 crore new and 12.75 crore via offer for sale-in a price range of Rs.382-402 apiece to raise as much as Rs.7,278 crore, according to the company's red-herring prospectus. That pegs the company's valuation at nearly Rs.70,000 crore.

The lot size is set at 37 shares or multiples thereof, which translates to a minimum investment of Rs.14,874 for retail investors.

The Lenskart IPO "is valued at FY25 EV/Sales and EV/EBITDA multiples of 10.1X an...