India, Oct. 3 -- Omnichannel eyewear giant Lenskart has reportedly received market regulator Securities and Exchange Board of India's (SEBI) nod to undertake its initial public offering (IPO).

While there has not been a public announcement, sources confirmed the development to Moneycontrol. With this, Lenskart joins the growing list of homegrown startups headed to Dalal Street this year.

This comes two months after the eyewear retailer filed its draft red herring prospectus (DRHP) with SEBI to raise up to INR 2,150 Cr via fresh issue of shares. The public issue will also comprise an offer for sale (OFS) of up to 13.2 Cr shares.

The OFS will see participation from promoters Peyush Bansal, Neha Bansal, Amit Chaudhary, and Sumeet Kapahi. ...