ilmscore | Lenskart Solutions Limited | Top 10 things you must know about this IPO | CA Rachana Ranade

Predictions from this Video

Total: 2
Correct: 0
Incorrect: 0
Pending: 2
Prediction
Topic
Status
Lenscard is transitioning from a model where frames and lenses were manufactured centrally to a model where they will manufacture both frames and lenses themselves, aiming to become a manufacturer-to-consumer (M2C) brand. This transition is expected to take time.
"Now they are saying that we are evolving to what? Evolving to lens. Now you can see this stage is cut. So they are saying we are now saying that frames will be manufactured by us. the actual you know overall uh lenses inside that we will manufacture and ultimately you can imagine lenses frame as per the requirement everything will be done by lens cut but when I listened to the interview of the promoters they said that we are evolving to that it's not like we are you know starting next year China and other countries cut no it will take time how much they have not clearly mentioned so this is a manufacturer to consumer is what they are wanting to become"
Lenscard's business model evolution
Pending
Lenscard imports 42.2% of its total imports from China, including frames through a joint venture. Geopolitical issues between India and China could potentially impact their supply chain and sales.
"PRC people's republic of China and if you see here for the financial year 25 year ending 42.2 percentage 2 percentage of the total imports were from China. They are saying that yes we are importing some of our raw material including through including import of frames directly through buffing framework frame cart technologies limited of course China based u and uh that is their joint venture. So main point is that if some relations geopolitical relation between India and China were to go for a toss uh if some shipments from China are stopped whatever there'll be a big question mark on their purchase on their imports on their purchases which can ultimately impact their topline or their sales."
Lenscard's reliance on Chinese imports
Pending