New Delhi, Oct. 27 -- Bengaluru,

Mumbai :

Lenskart's four promoters will continue to hold nearly 17-18% of the eyewear retailer even after collectively selling more than 240 million shares in the public issue-the highest shareholding retained by promoters post-issue among new-age listed companies.

The promoters-founder and chief executive Peyush Bansal, his sister and co-founder Neha Bansal, Sumeet Kapahi, and Amit Chaudhary, who together own a 20% stake-will still manage to bag upwards of Rs.2,000 crore, booking multi-fold returns.

However, for Peyush, who recently raised his stake to about 10%, it's not the monetary gains that move the needle. "These things are part of the evolutionary process. I don't think the motivation is whethe...