New Delhi, Oct. 28 -- There is much excitement surrounding the initial public offering of Lenskart Solutions, set to debut on the D-Street on Friday, October 31. Investors are pondering whether this excitement is warranted and if it's wise to subscribe to the offering, while also examining competitors for insights.

According to Lenskart's red herring prospectus (RHP), the company mainly competes with major organized retailers of prescription eyewear in India, including firms like Eyegear Optics India Private Ltd, Gangar Opticians Private Ltd, GKB Opticals Ltd, Lawrence and Mayo (India) Private Ltd, Specsmakers Opticians Private Ltd, and Titan Company Ltd (Eyecare division).

Other leading organized optical retailers are not listed, with ...