SEBI approved Lenskart’s draft red herring prospectus for its upcoming initial public offering, Moneycontrol reported. As per the offer document, the IPO will consist of a fresh issue of equity shares worth ₹2,150 crore along with an offer-for-sale of nearly 13.2 crore shares by existing investors and promoters. Lenskart plans to deploy the fresh proceeds to fuel its expansion strategy.