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Date: 2025-10-30 Category: Not Applicable State: Union Government Country: India

Lenskart Solutions Limited - Addendum to RHP

Issued by Securities and Exchange Board of India · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** This document is an Addendum cum Corrigendum to Lenskart Solutions Limited's Red Herring Prospectus (RHP) dated October 25, 2025, filed with the Registrar of Companies (RoC), SEBI, and the Stock Exchanges, to provide updated information regarding a share transfer by promoter Neha Bansal. The update concerns the sale of equity shares to SBI Funds Management Limited on October 28, 2025. It amends sections in the RHP related to shareholding patterns, secondary transfers, and material agreements. **Key Points / Main Content** * **Share Transfer by Promoter** * Neha Bansal sold 2,487,561 Equity Shares (0.15% of pre-offer capital) to SBI Funds via a Share Purchase Agreement (SPA) dated October 27, 2025. * The shares were transferred on October 28, 2025, for a total consideration of ₹1,000 million (₹402 per share). * These shares are subject to lock-in regulations. * **Updated Shareholding Information** * Neha Bansal's pre- and post-transfer shareholding is updated (pre-transfer 7.61%, post-transfer 7.46%). * Aggregate pre-Offer shareholding of promoters, promoter groups, and selling shareholders is revised. * Shareholding patterns in the RHP are modified to reflect this transaction. * Updated details are provided on secondary transfers involving promoters and selling shareholders. * **Revised Disclosures in RHP** * Addendum updates the disclosure related to Neha Bansal's equity shares in summary of the offer document, which was inadvertently mentioned. * Build-up of promoters' shareholding in the company is modified to add details of share transfers by Neha Bansal. * Shareholding of directors, key managerial personnel, and major shareholders updated. * Information about price per share based on secondary transactions, especially involving promoters/directors, has been updated. * Key terms of other material agreements section is modified to include description of the SPA. **Impact Analysis** **Stakeholder:** Investors * **Impact:** Investors need to consider the updated shareholding information when making investment decisions. They need to review the Addendum cum Corrigendum and the Red Herring Prospectus together. * **Action Required:** Read the Addendum cum Corrigendum along with the Red Herring Prospectus before making an investment decision. **Stakeholder:** Neha Bansal * **Impact:** Shareholding percentage decreased. * **Action Required:** Ensure compliance with lock-in regulations for the transferred shares. **Stakeholder:** SBI Funds Management Limited * **Impact:** Acquired 2,487,561 Equity Shares. * **Action Required:** Observe lock-in regulations applicable to the acquired shares.

Key Entities Referenced

Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018: Regulations governing the initial public offering of Lenskart Solutions Limited Red Herring Prospectus: Document filed by Lenskart Solutions Limited for its IPO, subject to amendments and updates. SBI Funds Management Limited: Investment manager of SBI Alternative Equity Fund, involved in a share purchase agreement with Neha Bansal BSE Limited: One of the stock exchanges where Lenskart's IPO is proposed. National Stock Exchange of India Limited: One of the stock exchanges where Lenskart's IPO is proposed.
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THIS IS A PUBLIC ANNOUNCEMENT FOR INFORMATION PURPOSES ONLY AND IS NOT A PROSPECTUS ANNOUNCEMENT AND DOES NOT CONSTITUTE AN INVITATION OR OFFER TO ACQUIRE, PURCHASE OR SUBSCRIBE TO SECURITIES. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY OUTSIDE INDIA. INITIAL PUBLIC OFFERING OF EQUITY SHARES ON THE MAIN BOARD OF BSE LIMITED (“BSE”) AND NATIONAL STOCK EXCHANGE OF INDIA LIMITED (“NSE” AND TOGETHER WITH BSE, THE “STOCK EXCHANGES”) IN COMPLIANCE WITH CHAPTER II OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”). (Please scan the QR code to view the RHP) LENSKART SOLUTIONS LIMITED Our Company was originally incorporated as ‘Valyoo Technologies Private Limited’, as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated May 19, 2008, issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana at New Delhi. Thereafter, the name of our Company was changed to ‘Lenskart Solutions Private Limited’ pursuant to a fresh certificate of incorporation dated May 19, 2015, issued by the Registrar of Companies, Delhi and Haryana, at New Delhi (the “RoC”). Subsequently, our Company was converted to a public limited company and the name of our Company changed to ‘Lenskart Solutions Limited’ pursuant to a resolution passed by our Board on May 21, 2025, and resolution passed by our Shareholders on May 30, 2025, and a fresh certificate of incorporation dated June 16, 2025, was issued by the RoC. For details in relation to the changes in registered office address of our Company, see “History and Certain Corporate Matters - Changes in the registered office of our Company” on page 344 of the Red Herring Prospectus dated October 25, 2025 filed with the RoC (the “Red Herring Prospectus” or “RHP”). Registered Office: Plot No. 151, Okhla Industrial Estate, Phase III, New Delhi – 110 020, Delhi, India; Corporate Office: Ground Floor Vipul Tech Square, Golf Course Road Sector 43, DLF QE, Gurugram – 122 009, Haryana, India; Corporate Identity Number: U33100DL2008PLC178355 Contact Person: Preeti Gupta, Company Secretary and Chief Compliance Officer; Tel.: +91 124 429 3191; E-mail: compliance.officer@lenskart.com; Website: www.lenskart.com PROMOTERS OF OUR COMPANY: PEYUSH BANSAL, NEHA BANSAL, AMIT CHAUDHARY AND SUMEET KAPAHI ADDENDUM CUM CORRIGENDUM TO THE RED HERRING PROSPECTUS DATED OCTOBER 25, 2025 (“Addendum cum Corrigendum”) With reference to the red herring prospectus dated October 25, 2025 (“Red Herring Prospectus”) filed by our Company with the Registrar of Companies, Delhi Pre-Offer Post-Offer* and Haryana at New Delhi (“RoC”), SEBI and the Stock Exchanges, investors may note the following: 1. One of our Promoters, Neha Bansal has entered into a share purchase agreement with SBI Funds Management Limited, in its capacity as investment manager Name of shareholder Number of Percentage of pre-Offer paid-up Number Percentage of post-Offer of SBI Alternative Equity Fund, a category III alternate investment fund registered with the SEBI (“SBI Funds”) dated October 27, 2025 (“SPA”) pursuant to Equity Share Capital (%) (on a fully of Equity paid-up Equity Share Equity Shares which Neha Bansal has agreed to sell to certain schemes of SBI Funds, and SBI Funds has agreed to purchase from Neha Bansal, 2,487,561 Equity Shares diluted basis)# Shares capital (%) having face value of `2 each (“Sale Shares”). The Sale Shares were transferred on October 28, 2025 such transfer, (the “Transfer”). The Sale Shares represent Kedaara Norfolk Holdings Limited 13,299,270 0.79 [●] [●] 0.15% of our Company’s pre-Offer paid-up Equity Share capital on a fully diluted basis. 2. Subject to satisfaction of the terms and conditions of the SPA, the particulars of the Transfer are set out below: MacRitchie Investments Pte. Ltd. 81,893,360 4.86 [●] [●] Madison India Opportunities V 9,894,996 0.59 [●] [●] Transfer VCC Name of Number Percentage of pre-Offer share Price per Total Con- Date of instru- the Trans- Name of the Transferee of Equity capital of the Company on a Equity sideration PI Opportunities Fund – II 86,421,103 5.13 [●] [●] ment of transfer feror Shares fully-diluted basis (%) Share (in ` million) Schroders Capital Private Equity 19,064,344 1.13 [●] [●] (in `) Asia Mauritius Limited October 28, 2025 Neha SBI Optimal Equity Fund 870,646 0.05 402.00 350.00 SVF II Lightbulb (Cayman) Limited 253,430,072 15.03 [●] [●] Bansal (AIF) Technology Venture Fund 474,446 0.03 SBI Emergent Fund (AIF) 1,616,915 0.10 402.00 650.00 TR Capital II L.P. 6,604,343 0.39 [●] [●] Total 2,487,561 0.15 1,000.00 TR Capital III Mauritius 14,135,716 0.84 [●] [●] 3. Please note that the Sale Shares do not form part of the Equity Shares proposed to be offered for sale by Neha Bansal in the Offer for Sale. Further, the Sale Shares shall be subject to lock-in, in accordance with Regulation 17 of the SEBI ICDR Regulations, as applicable, in the hands of the transferee. TR Capital III Mauritius II 16,652,160 0.99 [●] [●] 4. Set out below is the shareholding of Neha Bansal post the Transfer: Total (C) 692,227,076 41.07 [●] [●] Percentage of pre-Offer Total (A+B+C) 1,024,259,241 60.76 [●] [●] Number of Equity Percentage of share Number of Equity share capital of the Name of the Selling Shares held on a fully capital on a fully diluted Shares held on a fully As certified by A D M S & Co, Chartered Accountants, (FRN: 014626C), by way of their certificate dated October 28, 2025. Company on a fully Shareholder diluted basis, prior to basis, prior to the diluted basis, after the diluted basis, after the #Assuming conversion of all vested options under the ESOP Schemes. the Transfer Transfer (%) Transfers Transfers (%) *Subject to completion of the Offer and finalization of the Allotment. Neha Bansal* 128,271,184 7.61 125,783,623 7.46 Please note that details of the transfer of 2,238,806 Equity Shares by Neha Bansal to Shrikanta R. Damani, which was completed on October 23, 2025, *Also a Promoter. were not required to be, however, were inadvertently mentioned, in the disclosure under the section “Summary of the Offer Document - Details of price at which Specified Securities were acquired by our Promoters, members of our Promoter Group, Selling Shareholders and Shareholders with the right to nominate 5. Accordingly, the disclosures in relation to the pre-Offer Shareholding of Neha Bansal shall stand updated and be read in the following manner, across the directors or other rights in the last three years preceding the date of the Red Herring Prospectus” on page 58 of the Red Herring Prospectus, and will not be Red Herring Prospectus: included in the Prospectus. Aggregate pre-Offer shareholding of our Promoters, our Promoter Group, and Selling Shareholders, as percentage of our paid-up Equity Share capital on page 29 of the Red Herring Prospectus Details of secondary transfers of Equity Shares and Preference Shares involving our Company, the Promoters, members of our Promoter Group and the Selling Shareholders on page 154 of the Red Herring Prospectus Pre-Offer Post-Offer* The disclosure, as on the date of this Addendum cum Corrigendum, stands modified to add the below details: Name of shareholder EqN uu itm y b Se hr a o rf e s EqP ue ir tc ye Sn hta ag ree Cof a p pr ite a- lO (f %fe )r ( op nai d a - fu up ll y oN f u Em qb ue itr y Pe pr ac ie dn -uta pg Ee qo uf ip tyo Sst h-O arf efe r Date of transfer/ Names of the Class of N Su pm ecb ie fir e o df Nature of Face Issue price / diluted basis)# Shares capital (%) Names of the transferee security value board resolution transferor Securities consideration transfer price (`) transferred (`) Promoters (also the Promoter Selling Shareholders) transferred Peyush Bansal 173,222,220 10.28 [●] [●] Promoter Selling Shareholders Neha Bansal 125,783,623 7.46 [●] [●] Neha Bansal October 28, 2025 Neha Bansal SBI Optimal Equity Fund Equity Shares 870,646 Cash 2.00 402.00 Amit Chaudhary 16,585,630 0.98 [●] [●] (AIF) Sumeet Kapahi 16,107,050 0.96 [●] [●] October 28, 2025 Neha Bansal SBI Emergent Fund (AIF) Equity Shares 1,616,915 Cash 2.00 402.00 Total (A) 331,698,523 19.68 [●] [●] History of build-up of Promoters’ shareholding and lock-in of Promoters’ shareholding (including Promoters’ contribution) – Build-up of Promoters’ Promoter Group shareholding in our Company – Equity Share capital build-up of our Promoters on page 168 of the Red Herring Prospectus Amit Mittal 333,442 0.02 [●] [●] The disclosure, as on the date of this Addendum cum Corrigendum, stands modified to add the below details: PB LK Family Trust 100 Negligible [●] [●] % of the Issue/ pre-Offer NB LK Family Trust 100 Negligible [●] [●] Number % of the Price per Face acquisition/ Equity % of the Date of of equity Nature of pre-Offer share Total (B) 333,642 0.02 [●] [●] value per transfer Nature of Share post-Offer allotment/ shares consider- Equity post equity price per transaction capital share Selling Shareholders (excluding the Promoter Selling Shareholders) transfer allotted/ share (`) equity ation Share on a fully capital bonus transferred capital issue (`) share (`) diluted Alpha Wave Ventures LP 66,184,529 3.93 [●] [●] basis ^ Bay Capital Holdings Ltd 18,341,710 1.09 [●] [●] Neha Bansal Birdseye View Holdings II Pte. Ltd. 37,071,443 2.20 [●] [●] October 28, (870,646) 2.00 402.00 Cash Transfer to (0.05) (0.05) [●] NA Chiratae Trust 4,077,108 0.24 [●] [●] 2025 SBI Optimal Equity Fund ECLK Innovations LLP 792,959 0.05 [●] [●] (AIF) Epiq Capital B, L.P. 16,633,757 0.99 [●] [●] October 28, (1,616,915) 2.00 402.00 Cash Transfer to (0.10) (0.10) [●] NA IDG Ventures India Fund III LLC 7,248,220 0.43 [●] [●] 2025 SBI Emergent Fund (AIF) Kariba Holdings IV Mauritius 6,759,361 0.40 [●] [●] The total appearing in relation to the above disclosure shall also be updated accordingly, to reflect the total number shares held by Neha Bansal, being Kedaara Capital Fund II LLP 33,248,179 1.97 [●] [●] 125,783,623 Equity Shares, representing 7.46% of the Equity Share capital of our Company on a fully diluted basis. Shareholding pattern of our Company on page 197 of the Red Herring Prospectus Sharehold- ing, as a % Number of Shares Number Number S %h in a ogr fe a th s oo tal ad l - Number of Vo oti fn sg e R cuig rh itt is e sh (e Il Xd ) in each class UnSN dho ea r. r lo yef s in g shT ao rt ea sl oN no fo uf l ly va f es u rs l slu icm oo ni nn o-g f LocN ku edm (X ib In Ie I )sr ho af res Nu pm leb de gr e o df (S Xh IVar )es UnN do en r- tD akis inp go s (a Xl V ) Ot eh se ,r ie f n ac nu ym (b Xr Va In )c- p el ne (cd Xug Im Ved b + e o Xrr e V o d +t h ( X Xe Vr Vw I II ))is =e Out- diluted basis convertible Number of Number Number of of partly of shares Total number number of Cate- Category of standing (including securities equity shares of share- fully paid-up paid-up underlying of shares held shares (cal- gory shareholder convertible warrants, (as a held in de- holders equity shares equity Depository (VII) =(IV)+(V)+ culated as (I) (II) securities ESOP, Con- percentage materialized (III) held (IV) shares Receipts (VI) per SCRR, Number of Voting Rights held (V) (VI) 1 (A9 As5 + 7 a B) +%(V C oI 2II f )) Class e.g.: Class (T Aao + t % Bal + oa Cfs ) E( Wi Sn a Oc r (l Pru Xa d )eni ttn csg ., ) cv (u Xe r Ir i )t t =i ib e (Vl se I I e +S t Xce . )- ) s io th (af Va ld I)r I i e )(l +Xu c (t I Xa Ie )p )d = - bN eu r m (a- ) SoA f hhs t ea oa lr d t e% a sl Number (a) SoA f hs t a oa r t e% a sl N b (u aem )r - SoA f hs t a oa r t e% a sl N b (u aem )r - SoA f hs t a oa r t e% a sl Number (a) SoA f hs t a oa r t e% a sl form (XVIII) Equity Shares e.g.: Total As a % of (b) held (b) held (b) held (b) held (b) Others (A+B+C2) (A) Promoter and Promoter 7 332,032,165 - - 332,032,165 19.75% 332,032,165 - - 19.75% - 332,032,165 19.70% - - - - - - - - - - 332,032,165 Group (B) Public 470 1,342,061,686 - - 1,342,061,686 79.82% 1,342,061,686 - - 79.82% 4,259,511 1,346,321,197 79.87% - - 66,393,758* 4.93% - - - - 66,393,758* 4.93% 1,342,061,686 (C) Non Promoter- - - - - - - - - - - - - - - - - - - - - - - - - Non Public (C1) Shares underlying - - - - - - - - - - - - - - - - - - - - - - - - depository receipts (C2) Shares held by employee 1 7,280,431 - - 0.43% - - 0.43% - 7,280,431 0.43% - - - - - - - - - - 7,280,431 7,280,431 7,280,431 trusts Total 478 1,681,374,282 - - 1,681,374,282 100.00% 1,681,374,282 - - 100.00% 4,259,511 1,685,633,793 100.00% - - 66,393,758 4.93% - - - - 66,393,758 4.93% 1,681,374,282 * One of our shareholders, Unilazer Alternative Ventures LLP, has confirmed that the existing pledge over the Equity Shares will be temporarily released and that the Equity Shares will be re-pledged immediately upon effecting the pledge under Regulation 17 of SEBI ICDR Regulations. Note: As of the date of the Red Herring Prospectus, based on the beneficiary position dated October 24, 2025, and accounting for the transfers pursuant to the share purchase agreement dated October 27, 2025 entered into between Neha Bansal and SBI Funds Management Limited in its capacity as investment manager of SBI Alternative Equity Fund. Continued on next page......continued from previous page. Shareholding of Directors, Key Managerial Personnel and Senior Management Personnel in our Company on page 198 of the Red Herring Prospectus Number of Face Transfer Name Instrument Total The disclosure, as on the date of this Addendum cum Corrigendum, stands modified to update the below details: securities value price Nature of Nature of Date of allotment/ of the Name of the (Equity/ consider- Transferred per per Transac- consider- transfer Trans- Transferee convertible ation (in ` S. No. Name Number of Equity Shares % of Equity Share Capital held on a fully diluted basis (%)* feror Securities) (fully diluted security security tion ation million) basis) (`) (`) Directors October 14, 2025 Shruti Amit Mittal Equity 10,000 2 230.00 Secondary Cash 2.30 Marwaha Acquisi- 2. Neha Bansal^ 125,783,623 7.46 tion *The percentage of the Equity Share capital on a fully diluted basis has been calculated assuming) exercise of vested options under ESOP Schemes, October 10, 2025 Ayush Amit Mittal Equity 50,000 2 230.00 Secondary Cash 11.50 as applicable. Goel Acquisi- ^Also a Key Managerial Personnel in terms of the SEBI ICDR Regulations. tion Details of equity shareholding of the major Shareholders of our Company on page 198 of the Red Herring Prospectus October 07, 2025 Gagan Amit Mittal Equity 25,350 2 230.00 Secondary Cash 5.83 Bajpai Acquisi- The Shareholders holding 1% or more of the equity paid-up capital of our Company as on the date of this Addendum cum Corrigendum, stands modified as tion follows: 4,811,717 1,919.63 Percentage of the pre-Offer Equity S. No. Name of Shareholder Number of Equity Shares Share Capital on a fully diluted Weighted average cost of acquisition (WACA) (secondary transactions) (` per security) 398.95 of face value `2 each held basis (%)* As certified by A D M S & Co, Chartered Accountants, (FRN: 014626C), by way of their certificate dated October 28, 2025. 1. SVF II Lightbulb (Cayman) Limited 253,430,072 15.03 2. Platinum Jasmine A 2018 Trust (acting through its trustee, Platinum Owl C 2018 RSC 209,815,438 12.45 The details of the weighted average cost of acquisition (“WACA”), as compared to the Floor Price and Cap Price stands modified as below: Limited) 3. Peyush Bansal 173,222,220 10.28 Weighted Floor Cap 4. Neha Bansal 125,783,623 7.46 average cost Price Price Past Transactions 5. PI Opportunities Fund-II 86,421,103 5.13 of acquisition (i.e. ` (i.e. ` (in `) [•])* [•])* 6. MacRitchie Investment Pte. Ltd 81,893,360 4.86 7. Unilazer Alternative Ventures LLP (formerly known as Unilazer Ventures) 66,393,758 3.94 WACA of Primary issuance 87.15 [●] [●] 8. Alpha Wave Ventures LP 66,184,529 3.93 9. Alpha Wave Ventures II LP 64,239,111 3.81 WACA of Secondary transactions NA NA NA 10. Steadview Capital Mauritius Limited 57,601,112 3.42 Since there are no such transactions to report under (II) above, therefore, information on price per equity share for the last five secondary transactions (secondary 11. Birdseye View Holdings II Pte. Ltd 37,071,443 2.20 transactions our Promoters (also the Promoter Selling Shareholders), or members of the Promoter Group or Investor Selling Shareholders or other Shareholder(s) 12. Dove Investments Limited 34,713,792 2.06 having the right to nominate director(s) to the Board of our Company, are a party to the transaction, not older than three years prior to the date of this Addendum cum 13. Kedaara Capital Fund II LLP 33,248,179 1.97 Corrigendum irrespective of the size of transactions, is as below: 14. Jongsong Investments Pte. Ltd 29,191,910 1.73 15. Kedaara Capital Fund III LLP 27,925,045 1.66 Based on secondary transaction 398.95 [●] [●] 16. Kedaara II Continuation Fund 27,865,244 1.65 *To be updated at Prospectus stage 17. Schroders Capital Private Equity Asia Mauritius Limited (formerly known as Adveq Asia 19,064,344 1.13 Mauritius Limited), As certified by A D M S & Co, Chartered Accountants, (FRN: 014626C), by way of their certificate dated October 28, 2025. 18. Bay Capital Holdings Ltd 18,341,710 1.09 Shareholders’ agreements and other material agreements – Key terms of other material agreements on page 353 of the Red Herring Prospectus Total 1,412,405,993 83.79 The disclosure, as on the date of this Addendum cum Corrigendum, stands modified for the addition of the description of the SPA, as below: *Calculated on basis of total Equity Shares held and such number of Equity Shares which will result upon exercise of vested options under the ESOP Schemes Share Purchase Agreement dated October 27, 2025 between Neha Bansal and SBI Funds Management Limited, in its capacity as investment manager Price per share of our Company based on primary / new issue and/or secondary sale/acquisition of Equity Shares or convertible securities, during eighteen months preceding the date of filing of the Red Herring Prospectus on page 227 of the Red Herring Prospectus of SBI Alternative Equity Fund, a category III alternate investment fund registered with the SEBI (“SBI Funds”, and the share purchase agreement, the “SPA”) The disclosure, as on the date of this Addendum cum Corrigendum, stands modified as below: Pursuant to the SPA, Neha Bansal, one of our Promoters, sold 2,487,561 Equity Shares for a total consideration of ` 1,000.00 million to certain schemes III. Since there are no such transactions to report under (II) above, therefore, information on price per equity share for the last five secondary transactions of SBI Funds, being 870,646 Equity Shares for a consideration of ` 350.00 million to the SBI Optimal Equity Fund (AIF) and 1,616,915 Equity Shares for a (secondary transactions where our Promoters, (also the Promoter Selling Shareholders) or members of the Promoter Group or Investor Selling Shareholder(s) or other Shareholder(s) having the right to nominate director(s) to the Board of our Company, are a party to the transaction), not older than three years prior to consideration of ` 650.00 million to SBI Emergent Fund (AIF). the date of this Addendum cum Corrigendum, irrespective of the size of transactions is as below: Further, the SPA will also be included under the section titled “Material Contracts and Documents for Inspection – Material Documents” on page 1,044 of the Red Herring Prospectus. Number of Face Transfer Name Instrument Total Date of allotment/ of the Name of the (Equity/ securities value price Nature of Nature of consider- 6. The Red Herring Prospectus stands amended and updated to the extent stated hereinabove and the Red Herring Prospectus as well as all the Offer related Transferred per per Transac- consider- transfer Trans- Transferee convertible ation (in ` material shall be read in conjunction with this Addendum cum Corrigendum and accordingly, their references in the Red Herring Prospectus shall stand updated (fully diluted security security tion ation feror Securities) basis) (`) (`) million) pursuant to this Addendum cum Corrigendum. Please note that this Addendum cum Corrigendum does not reflect all the changes that have occurred between the date of filing of the Red Herring Prospectus and the date hereof, and accordingly does not include all the changes and/or updates that will be included in the October 28, 2025 Neha SBI Optimal Equity 870,646 2 402.00 Secondary Cash 350.00 Prospectus. The information in this Addendum cum Corrigendumsupersedes the information provided in the Red Herring Prospectus to the extent inconsistent Bansal Equity Fund Acquisi- with the information in the Red Herring Prospectus. Please note that the Red Herring Prospectus shall be suitably updated, including to the extent included in (AIF) tion this Addendum cum Corrigendum, in all relevant sections, as may be applicable, in the Prospectus, as and when it is filed with the RoC, and subsequently with SBI Emergent Equity 1,616,915 2 402.00 Secondary Cash 650.00 the SEBI and the Stock Exchanges. Fund (AIF) Acquisi- tion 7. Investors should read this Addendum cum Corrigendum along with the Red Herring Prospectus, filed with the RoC, SEBI and the Stock Exchanges before making an investment decision with respect to the Offer. October 23, 2025 Neha Shrikanta R Equity 2,238,806 2 402.00 Secondary Cash 900.00 Bansal Damani Acquisi- 8. All capitalised terms used in this Addendum cum Corrigendum shall, unless the context otherwise requires, have the meaning ascribed to them in the Red tion Herring Prospectus. BOOK RUNNING LEAD MANAGERS Kotak Mahindra Capital Company Limited Morgan Stanley India Company Private Limited Avendus Capital Private Limited Citigroup Global Markets India Private Limited Axis Capital Limited Intensive Fiscal Services Private Limited 27 BKC, 1st Floor, Plot No. C – 27G Block, Bandra Altimus, Level 39 & 40 Platina Building, 9th Floor 1202, 12th Floor First International Financial Center, 1st Floor, Axis House 914, 9th Floor, Raheja Chambers Kurla Complex, Bandra (East), Mumbai - 400 051, Pandurang Budhkar Marg, Worli, Mumbai - 400 018 901, Plot No C-59, Bandra Kurla Complex, Bandra G – Block Bandra Kurla Complex, Bandra (East), P.B. Marg, Worli Free Press Journal Marg Maharashtra, India Maharashtra, India (East), Mumbai - 400 051, Maharashtra, India Mumbai - 400 098, Maharashtra, India Mumbai- 400 025 Nariman Point, Mumbai - 400 021, Maharashtra, India Tel: +91 22 4336 0000 Tel: +91 22 6118 1000 Tel: +91 22 6648 0050 Tel: +91 22 6175 9999 Maharashtra, India Tel: +91 22 2287 0443 E-mail: lenskart.ipo@kotak.com E-mail: lenskartipo@morganstanley.com E-mail: lenskart.ipo@avendus.com E-mail: lenskart.ipo@citi.com Tel: + 91 22 4325 2183 E-mail: lenskart.ipo@intensivefiscal.com Website: https://investmentbank.kotak.com Website: www.morganstanley.com/ Website: www.avendus.com Website: https://www.citigroup.com/global/about-us/ E-mail:. lenskart.ipo@axiscap.in Website: www.intensivefiscal.com Investor Grievance E-mail: Investor Grievance E-mail: Investor Grievance E-mail: global-presence/india/disclaimer Website: www.axiscapital.co.in Investor Grievance E-mail: kmccredressal@kotak.com investors_india@morganstanley.com investorgrievance@avendus.com Investor Grievance E-mail: investors.cgmib@citi.com Investor Grievance E-mail: complaints@axiscap.in grievance.ib@intensivefiscal.com Contact Person: Ganesh Rane Contact Person: Naresh Tetarwal Contact Person: Sarthak Sawa/ Sneha Roy Contact Person: Anjali Kolathu Sureshkumar Contact Person: Jigar Jain Contact Person: Harish Khajanchi / Anand Rawal SEBI Registration Number: INM000008704 SEBI Registration Number: INM000011203 SEBI Registration Number: INM000011021 SEBI Registration Number: INM000010718 SEBI Registration Number: INM000012029 SEBI Registration Number: INM000011112 REGISTRAR TO THE OFFER COMPANY SECRETARY AND CHIEF COMPLIANCE OFFICER Preeti Gupta Ground Floor Vipul Tech Square, Golf Course Road Sector 43, DLF QE, Gurugram – 122 009, Haryana, India MUFG Intime India Private Limited (formerly Link Intime India Private Limited) Bidders may contact the Company Secretary and Compliance Officer, the BRLMs or the Registrar to the Offer in case of any pre-Offer or post-Offer related grievances includ- C-101, 247 Park 1st Floor, L B S Marg Vikhroli (West), Mumbai - 400 083, Maharashtra, India ing non-receipt of letters of Allotment, non-receipt of Allotment Advice, non-credit of allotted Equity Shares in the respective beneficiary account, non-receipt of refund orders or Tel: +91 81081 14949, E-mail: lenskart.ipo@in.mpms.mufg.com, Website: www.in.mpms.mufg.com/ non-receipt of funds by electronic mode, etc. For all Offer related queries and for redressal of complaints, Bidders may also write to the BRLMs and / or Registrar. Investor Grievance E-mail: lenskart.ipo@in.mpms.mufg.com; Contact Person: Shanti Gopalkrishnan; SEBI Registration Number: INR000004058 AVAILABILITY OF RHP: Investors should note that Investment in Equity Shares involves a high degree of risk and investors are advised to refer to the RHP and the Risk Factors contained herein, before applying in the Offer. Full copy of the RHP shall be available at the website of SEBI at www.sebi.gov.in, the website of Stock Exchanges at www.nseindia.com and www.bseindia.com the website of our Company at www.lenskart.com and the website of BRLMs, i.e., Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, Avendus Capital Private Limited, Citigroup Global Markets India Private Limited, Axis Capital Limited and Intensive Fiscal Services Private Limited, at https://investmentbank.kotak.com, www.morganstanley.com/, www.avendus.com, https://www.citigroup.com/global/about-us/global-presence/india/disclaimer, www.axiscapital.co.in and www. intensivefiscal.com, respectively. AVAILABILITY OF THE ABRIDGED PROSPECTUS: A copy of the abridged prospectus shall be available on the website of our Company, the BRLMs, i.e., Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, Avendus Capital Private Limited, Citigroup Global Markets India Private Limited, Axis Capital Limited and Intensive Fiscal Services Private Limited, at https://investmentbank.kotak.com, www.morganstanley.com/, www.avendus.com, https://www.citigroup.com/global/about-us/global-presence/india/disclaimer, www.axiscapital.co.in and www.intensivefiscal.com, respectively and the website of the Registrar to the Offer i.e., MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) at www.in.mpms.mufg.com. AVAILABILITY OF BID CUM APPLICATION FORMS: Application forms can be obtained from the Registered Office of Lenskart Solutions Limited, Tel: +91 124 429 3191 and the BRLMs – Kotak Mahindra Capital Company Limited, Tel: +91 22 4336 0000, Morgan Stanley India Company Private Limited, Tel: +91 22 6118 1000, Avendus Capital Private Limited, Tel: +91 22 6648 0050, Citigroup Global Markets India Private Limited, Tel: +91 22 6175 9999, Axis Capital Limited, Tel: + 91 22 4325 2183, and Intensive Fiscal Services Private Limited, Tel: +91 22 2287 0443. Syndicate Members: Kotak Securities Limited, Tel: +91 22 6218 5410, Intensive Softshare Pvt. Ltd., Tel: +91 22 2287 0443/44/45, Spark Institutional Equities Private Limited, Tel: +91 22 6885 4503 and at the select locations of the Sub-syndicate Members (as given below), SCSBs, Registered Brokers, RTAs and CDPs participating in the Offer. Bid cum Application Forms will also be available on the websites of BSE and NSE and the Designated Branches of SCSBs, the list of which is available at websites of the Stock Exchanges and SEBI. APPLICATIONS SUPPORTED BY BLOCKED AMOUNT (ASBA): Investors have to apply through the ASBA process. ASBA has to be availed by all the investors. For details on ASBA process, please refer to the details given in the ASBA Form and Abridged Prospectus and also please refer to “Offer Procedure” on page 994 of RHP. Further ASBA Application forms can be obtained from Designated Branches of SCSBs, the list of banks that are available on website of SEBI at www.sebi.gov.in and website of Stock Exchanges at www.nseindia.com and www.bseindia.com. The investors are required to fill the Bid Cum Application form and submit the same to the relevant SCSBs at the specific locations or registered brokers at the broker centers or RTA or DP’s. The SCSB’s will block the amount in the account as per the authority contained in application form. On allotment, amount will be unblocked and account will be debited only to the extent required to be paid for allotment of shares. Hence, there will be no need of refund. UPI: UPI Bidders can also Bid through UPI Mechanism. Sub-Syndicate Members: Almondz Global Securities Ltd., Amrapali Capital & Finance Services Limited, Anand Rathi Share & Stock Brokers Ltd., Anand Share Consultancy, ANS Pvt Limited, Asit C. Mehta Investment Interrmediates Ltd, Avendus Wealth Management Private Limited, Axis Securities Limited, Centrum Broking Limited, Dalal & Broacha Stock Broking Private Limited, DB (International) Stock Brokers Ltd, Finwizard Technology Private Limited, G Raj & Co. (Consultants) Limited, HDFC Securities Limited, ICICI Securities Limited, IDBI Capital Markets & Securities Limited, IIFL Securities Ltd, Innovate Securities Pvt Limited, Investmentor Securities Limited, Jhaveri Securities, JM Financial Services Limited, Jobanputra Fiscal Services Private Limited, K M Jain Stock Brokers Pvt Ltd, Kalpataru Multiplier Limited, Kantilal Chhaganlal Sec Pvt Ltd, Keynote Capitals Limited, KJMC Capital Market Services Limited, Lakshmishree Investment & Securities Pvt Ltd, LKP Securities Limited, Marwadi Shares & Finance, Mehta Equities Limited, Motilal Oswal Financial Services Limited, Motilal Oswal Securities Limited, Nirmal Bang Securities Pvt Limited, Nuvama Wealth and Investment Limited, Nuvama Wealth and Investment Limited (Edelweiss Broking Limited), Patel Wealth Advisors Pvt Limited, Prabhudas Lilladher Pvt Limited, Pravin Ratilal Share & Stock Brokers Limited, RR Equity Brokers Private Limited, SBIcap Securities Limited, Sharekhan Limited, SMC Global Securities Limited, Spark PWM Private Limited, SS Corporate Securities Limited, Tanna Financial Services, TradeBulls Securites Private Ltd., Upstox Securities Private Limited, Viren M Shah and YES Securities (India) Limited. Bankers to the Offer Escrow Collection Bank and Sponsor Bank: Kotak Mahindra Bank Limited Public Offer Account Bank, Refund Bank and Sponsor Bank: ICICI Bank Limited All capitalized terms used herein and not specifically defined shall have the same meaning as ascribed to them in RHP. For Lenskart Solutions Limited On behalf of the Board of Directors Sd/- Place: Delhi Preeti Gupta Date: October 28, 2025 Company Secretary and Chief Compliance Officer Lenskart Solutions Limited is proposing, subject to, receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its Equity Shares and has filed the RHP with the RoC on October 25, 2025. The RHP shall be available on the website of the Company at www.lenskart. com, SEBI at www.sebi.gov.in, as well as on the websites of the BRLMs, i.e. Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, Avendus Capital Private Limited, Citigroup Global Markets India Private Limited, Axis Capital Limited and Intensive Fiscal Services Private Limited at https://investmentbank.kotak.com, www.morganstanley.com/, www.avendus.com, https://www.citigroup.com/global/about-us/global-presence/india/disclaimer, www.axiscapital.co.in and www.intensivefiscal.com, respectively and the websites of National Stock Exchange of India Limited and BSE Limited at www.nseindia.com and www.bseindia.com, respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, please see “Risk Factors” on page 64 of the RHP. Potential investors should not rely on the DRHP for making any investment decision and instead should place reliance on the RHP. Specific attention of the investors is invited to “Risk Factors” beginning on page 64 of the RHP. This announcement is not an offer of securities for sale in the United States or elsewhere. This public announcement has been prepared for publication in India only and is not for publication or distribution, directly or indirectly, in or into the United States. The equity shares described in this public announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended {the “U.S. Securities Act”) or any other applicable law of the United States and, unless so registered, may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. Accordingly, the equity shares will be offered and sold (i) within the United States only to persons reasonably believed to be “qualified institutional buyers” (as defined in Rule 144A of the U.S. Securities Act) pursuant to Section 4(a) of the U.S. Securities Act, and (ii) outside the United States in “offshore transactions”, as defined in and in compliance with Regulation S of the U.S. Securities Act and the applicable laws of the jurisdictions where those offers and sales are made. There will be no public offering of securities in the United States. Adfactors

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