Dynamic Eyewear India Ltd. IPO Details
Dynamic Eyewear India was incorporated on August 03, 2017. The company is a B2B premium eyewear distributor engaged in designing, marketing, and selling optical frames, sunglasses, and related accessories through international, proprietary, and white-label brands. Its diversified business model and nationwide distribution network cater to multiple customer segments across the premium and luxury eyewear market
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 3.1 M | - | - | ₹0 | DRHP DOC |
Dynamic Eyewear issue details
Dynamic Eyewear has 3.1 M shares on offer
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Dynamic Eyewear IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE |
Dynamic Eyewear NUMBER OF SHARES ON OFFER
Dynamic Eyewear FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 38.5 | 8.1 | 5.5 | 5.4 | 34.2% |
| FY25 | 33.7 | 5.9 | 6.4 | 6.4 | 34.3% |
| FY24 | 34.4 | 3.4 | -3.9 | -4.8 | 23.0% |
Dynamic Eyewear INFORMATION ON IPO ISSUE
About Dynamic Eyewear
Dynamic Eyewear India was incorporated on August 03, 2017. The company is a B2B premium eyewear distributor engaged in designing, marketing, and selling optical frames, sunglasses, and related accessories through international, proprietary, and white-label brands. Its diversified business model and nationwide distribution network cater to multiple customer segments across the premium and luxury eyewear market
Object of the Issue
- Funding of working capital requirements of the company
- Brand marketing and business promotion expenses for enhancing brand awareness
- General corporate purpose
- Offer related expenses
Dynamic Eyewear - PROMOTERS
| Name |
|---|
| Hiren Meghani |
| Bhavini Hiren Meghani |
| Superior Vyapaar Private Limited |
| Prestige Vyapaar Private Limited |
Dynamic Eyewear - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Hiren Meghani | Managing Director |
| Bhavini Hiren Meghani | Whole-time Director & Chief Financial Officer |
| Pankaj Thakker | Non-Executive Non-Independent Director |
| Neha Agrawal | Independent Director |
| Altab Uddin Kazi | Independent Director |
Dynamic Eyewear Book Running Lead Manager
Horizon Management Private Limited
smeipo@horizon.net.co
Dynamic Eyewear Registrar to the Offer
Skyline Financial Services Private Limited
ipo@skylinerta.com
Dynamic Eyewear Strengths
Diversified product portfolio
The company operates a diversified eyewear business comprising internationally licensed brands, own brands and white-label product development, serving customers across different segments and price points. Its portfolio includes brands such as United Colors of Benetton, Hackett, Ted Baker, Sunday Somewhere, XITE, INSIST, WOW and WMO, reducing dependence on any single brand or revenue stream
Asset-light business model
The company follows an asset-light model focused on product design, sourcing, quality assurance, brand development and distribution, while manufacturing is outsourced to approved domestic and international partners. It maintains product quality through detailed specifications, prototype approvals and inspections, while optimising capital deployment and enabling timely product launches
Pan-India distribution network
The company markets its products across India through distributors, C&F agents, optical retailers, organised optical chains and authorised sales partners. This extensive network supports nationwide product launches, market reach and strong relationships with business customers across different regions and segments
Dynamic Eyewear Risks
Non-compliance risks
The company relies on domestic and international manufacturing partners that must comply with applicable labour, environmental, health and safety regulations. Non-compliance by these partners could disrupt the supply chain, cause reputational damage and adversely affect the company’s business
Inventory management risks
The company faces inventory risks due to the fashion-driven and seasonal nature of certain products, requiring demand forecasting well in advance. Inaccurate forecasts may lead to excess or obsolete inventory, discounts or write-offs, while insufficient inventory could result in lost sales and customer relationships
Counterfeit risks
The company faces risks from counterfeit and imitation eyewear sold through unorganised retail, online marketplaces and grey-market channels, which could damage brand reputation and reduce pricing power. Counterfeit products may also lead to lower sales and margins, disputes with licensors and higher enforcement costs, adversely affecting revenue and profitability
IPO FAQs
The promoters of the company are Hiren Meghani, Bhavini Hiren Meghani, Superior Vyapaar Private Limited and Prestige Vyapaar Private Limited.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.