The upcoming IPO of Lenskart has the potential not only to make headlines but also to trigger a re-evaluation of Titan Company’s eyewear segment, which has largely remained under the radar despite being part of a renowned retail conglomerate.
Lenskart is targeting a valuation of around ₹20,000 crore, reflecting the growing appeal of the organized eyewear market. Meanwhile, Titan’s eyewear business—though part of a retail leader with a ₹60,000-crore plus legacy—has not attracted comparable market attention. The strong interest in Lenskart’s model could prompt investors to revisit Titan’s eyewear arm as a latent value unlock opportunity.
For Titan, which built its name in watches and jewellery through superior branding and design, the eyewear division has been a quieter sibling. But as investors benchmark the success of Lenskart, Titan’s business could gain fresh visibility and potentially command higher valuation multiples.
In short, while Lenskart’s listing stands to benefit its backers and the eyewear sector broadly, one of the key indirect effects may well be a renewed investor focus on Titan’s eyewear vertical—potentially repositioning it from “quiet business” to strategic growth driver.
