New Delhi, Oct. 30 -- Lenskart IPO is set to launch on the D-Street tomorrow, Friday, October 31. Investors will be eagerly observing how the initial public offering performs, especially given the significant discussion surrounding its valuations. There are considerable concerns about Lenskart's valuation, particularly as it aims for a post-IPO valuation of approximately Rs.70,000 crore.

Lenskart IPO price band has been set in the range of Rs.382 to Rs.402 per share. According to brokerage reports, at the upper band of Rs.402, the Lenskart IPO is assessed at FY25 EV/Sales and EV/EBITDA ratios of 10.1x and 68.7x, respectively, considering the post-issue capital. The valuation for Lenskart appears to be stretched.

Lenskart was initially e...