Diwali Bonanza for Investors: IPO Market Set to Sparkle with Groww, Lenskart, and Meesho Issues

Diwali Bonanza for Investors: IPO Market Set to Sparkle with Groww, Lenskart, and Meesho Issues

New Delhi: The upcoming Diwali season is poised to illuminate more than just homes across India; it's expected to set the nation's primary stock market ablaze. Three of the country's most prominent and celebrated startups—Groww, Lenskart, and Meesho—are in the final stages of launching their Initial Public Offerings (IPOs). Market analysts predict that these companies may time their public debuts around the festive season, presenting a wealth of exciting opportunities for investors.

A Bullish Outlook for the IPO Market

The Indian IPO market has been buzzing with positive energy since the first half of 2025. A string of successful public issues has enabled numerous companies to raise significant capital, reflecting robust investor confidence. This momentum is anticipated to accelerate during the festive period. Experts believe that ample market liquidity and a favorable investor sentiment are creating the perfect environment for these leading startups to tap the capital markets to fund their ambitious expansion plans.

Groww: The Fintech Favourite Eyeing a Grand Debut

The IPO of the online investment platform Groww is undoubtedly one of the most eagerly awaited market events of the year. The company has already filed its updated Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) in mid-September 2025, signaling its readiness to go public.

Strategic Use of Funds: Groww intends to utilize the proceeds from its IPO for strategic initiatives including brand building, marketing, strengthening its Non-Banking Financial Company (NBFC) arm, and upgrading its technological infrastructure. The core objective is to expand its service offerings and attract a new wave of customers.

Financial Strength: The company has demonstrated remarkable growth in its financial performance for the fiscal year 2024-25. Given its strong foothold among retail investors and a consistently growing user base, the excitement surrounding its IPO is palpable. While an official launch date is yet to be announced, the market is rife with speculation that Groww will hit the market around Diwali.

Lenskart: The Visionary Brand Ready for a Public Focus

Omni-channel eyewear giant Lenskart is also gearing up to enter the public market. The company officially filed its DRHP with SEBI on July 29, 2025, marking a significant step in its journey toward becoming a listed entity.

Expansion on the Horizon: Lenskart's IPO will consist of a fresh issue of shares and an Offer for Sale (OFS) by existing shareholders. The capital raised will be strategically deployed to open new stores across India, enhance its technological capabilities, and intensify its marketing efforts to reach a wider audience.

Market Dominance: Through its blend of affordable pricing, stylish designs, and technological innovation, Lenskart has carved a dominant position in the Indian eyewear market. The company's financials have shown consistent improvement, with a healthy profit reported for the financial year ending March 31, 2025. It is widely expected that Lenskart's IPO will be launched in the fourth quarter of 2025, perfectly aligning with the festive Diwali season.

Meesho: The E-Commerce Disruptor Aiming High

Social commerce platform Meesho has also thrown its hat into the IPO ring, having filed its DRHP on July 4, 2025. The company is renowned for its strong presence in India's Tier-2 and Tier-3 cities, a segment often underserved by traditional e-commerce players.

A Unique Business Model: What sets Meesho apart is its unique business model that empowers small and medium-sized businesses (SMBs) by providing them a platform to sell their products online without charging a commission.

IPO Objectives: The company is aiming to raise approximately $500 million through its public offering. Despite a slight dip in revenue for the fiscal year 2024-25, investors remain keenly interested in Meesho’s IPO, primarily due to its massive user base and unique market positioning.

What This Means for Investors

The potential concurrent launch of these three IPOs is set to create a significant buzz in the primary market. It presents a golden opportunity for investors to diversify their portfolios by investing in high-growth companies from three distinct and promising sectors: fintech (Groww), retail and fashion (Lenskart), and e-commerce (Meesho).

However, prospective investors are advised to conduct thorough due diligence before subscribing to any IPO. It is crucial to carefully analyze each company's business model, financial health, future growth prospects, and the valuation at which the IPO is priced. This Diwali, the roar of the stock market may just be as loud as the festive firecrackers, signaling a season of opportunity and growth for the Indian investor.