Adds details, background from paragraph 2 onwards
July 29 (Reuters) - India's biggest eyewear retailer Lenskart LENS.NS has filed for an initial public offering, which includes the issue of fresh shares worth 21.5 billion rupees ($247.58 million), its draft prospectus showed on Tuesday.
Large shareholders of the company, known as "promoters", will also cumulatively sell 132.3 million shares. These include Japan's SoftBank 9984.T, Mumbai-based private equity firm Kedaara and Singapore state investor Temasek.
Incorporated in 2010, Lenskart is valued at $6.1 billion as of June 13, data from Traxcn showed. It is the largest retailer of eyewear in the country, followed by Specsmakers and ClearDekho.
Morgan Stanley, Kotak Mahindra Capital, Axis Capital Holdings and Citi are among the lead bookrunning managers for the IPO.
Proceeds from the offering will be used to set up new company-owned, company-operated (CoCo) stores across the country, invest in technology and cloud infrastructure, and for general corporate purposes, the draft prospectus said.
The company's total debt stands at 4.97 billion rupees, as of fiscal year ended March 2024, according to Traxcn data.
($1 = 86.8400 Indian rupees)
(Reporting by Manvi Pant in Bengaluru; Editing by Mrigank Dhaniwala and Janane Venkatraman)
((Manvi.Pant@thomsonreuters.com; +918447554364;))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。