Peyush Bansal to turn billionaire if Lenskart shares touch Rs 510

Peyush Bansal, founder-CEO of Lenskart, is poised to become a billionaire if the eyewear retailer’s shares reach Rs 510 post-IPO. He is set to receive Rs 824 crore by selling shares, retaining an 8.78% stake. Lenskart’s IPO, valued at Rs 70,000 crore, opens October 31 to November 4.