Company Intelligence Profile
Dealskart Online Services Private Limited
Dealskart Online Services Private Limited is the operating corporate entity behind India's Lenskart e-commerce/retail eyewear business and its contact-lens brand Aqualens — an online shopping portal and omnichannel retail network for spectacles, sunglasses, and eyewear stores (per Tofler's business description and fal…
Last updated 17 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
See what AICA knows about Dealskart Online Services
Deeper analysis, financial signals and peer comparisons.
Company Identity
Confirmed| Registered name | Dealskart Online Services Private Limited |
|---|---|
| CIN | U74140DL2011PTC224819 |
| PAN | AADCD9571D |
| Status | Active (Private Limited, Active Compliant).com |
| Listing | Not listed — no stock exchange listing found on any source (unlisted private limited company) |
| Incorporated | 08 September 2011 |
| ROC | RoC-Delhi |
| Sector (NIC) |
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| Registered address |
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| Authorized capital | ₹10.0 Lakh |
| Paid-up capital | ₹10.0 Lakh |
Business Overview
Confirmed- Dealskart Online Services Private Limited is the operating corporate entity behind India's Lenskart e-commerce/retail eyewear business and its contact-lens brand Aqualens — an online shopping portal and omnichannel retail network for spectacles, sunglasses, and eyewear stores
- Despite the legacy "Dealskart" registered name (unchanged since 2011 incorporation, no rename on record), the entity trades publicly as Lenskart
- Note the entity-confusion risk: the wider "Lenskart" consumer brand is also associated with other group/holding entities (e.g., Lenskart Solutions Pvt Ltd, Valyoo Technologies Pvt Ltd) — figures below are specific to this CIN (Dealskart Online Services Pvt Ltd) only, not the consolidated Lenskart group
Directors
Partial / conflictingTwo directors on record (confirmed by Tofler, thecompanycheck.com, falconebiz — all agree on names/tenure):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Udit Bagga | 07292111 | - | 18 Sep 2015 |
| Kundan Kumar | - | - | 04 Feb 2025 |
Financials
Partial / conflictingFY2024-25:
| Revenue | ₹1,406.21 Cr, up 29% YoY |
|---|---|
| FY2023-24 revenue band | ~₹1,000-1,250 Cr, roughly consistent with the FY25 figure implying ~₹1,090 Cr in FY24 (1406.21 / 1.29) — corroborating, not independently confirmed |
| EBITDA | up 243.0% YoY in FY24 — absolute ₹ figure locked behind Tofler Pro paywall on all sources; not obtained |
| Net Profit/PAT | up 1,623.56% YoY in FY24 — absolute figure not obtained (paywalled) |
| Net Worth | not obtained (paywalled on all sources) |
| Borrowings | Tofler notes a -100.0% YoY change (implying borrowings were repaid/eliminated in FY24) — consistent with the charges data below (both bank charges show as satisfied). Absolute borrowings figure not obtained |
| Total Assets | up 30.56% YoY — absolute figure not obtained |
| Employees | 57 per EPFO records — this headcount looks low relative to ₹1,400+ Cr revenue, suggesting the bulk of the Lenskart-brand workforce may sit under a different group entity; flagged as a possible entity-scope caveat, not a contradiction |
All financial figures above should be read as STANDALONE for this specific CIN, not consolidated Lenskart-group figures.
Charges / Borrowings
Partial / conflictingOpen charges: ₹0. Satisfied/closed charges totaling ₹81 Cr:
- HDFC Bank Limited — ₹41 Cr (satisfied). Date conflict: falconebiz states 01 Mar 2023
- Yes Bank Limited — ₹40 Cr (satisfied). Date conflict: falconebiz states 17 Jul 2018
Both amounts (₹41 Cr, ₹40 Cr) agree exactly across sources; only the satisfaction dates conflict — flagged rather than resolved, since neither source is a primary MCA filing.
Legal / Litigation
Confirmed- Dealskart Online Services Pvt Ltd vs Information Technology Park Ltd — Karnataka High Court, 5 Feb 2024 (Judge S.R. Krishna Kumar)
- M/S Universal Design Build vs Dealskart Online Services Pvt Ltd — Delhi High Court, orders dated 9 Nov 2020, 27 Sep 2021 and judgment 28 Sep 2021 (Judges Rekha Palli / Sanjeev Narula)
- Govindappa K vs M/S Dealskart Online Services Pvt Ltd — Bangalore District Court, 24 Jul 2024
- Dealskart Online Services Pvt Ltd vs Assistant/Deputy Commissioner Of [Income Tax, name truncated] — Delhi High Court, 3 Sep 2025 (Judge V K Rao) — appears to be a tax-dispute matter filed BY the company
- Two Gauhati High Court criminal matters (Saurav Deb vs State of Assam, May/Jul 2022) surfaced in the same search but the company's role/connection in those is unclear from the snippet — flagged, not asserted as a party in the same capacity.
These are civil/commercial and tax matters typical of an operating e-commerce/retail entity; no adverse regulatory or insolvency proceeding was identified.
Competitors
ConfirmedOnline/omnichannel eyewear and optical retail peers in India (named, rough scale tags):
- Titan Eyeplus (Titan Company Ltd eyewear division) — large, listed-parent backed, pan-India omnichannel chain, broadly comparable/larger scale via parent.
- Specsmakers — south-India-heavy omnichannel optical retail chain, mid-large scale, private.
- Vision Express (part of GrandVision/EssilorLuxottica-linked network in India) — mid-large scale.
- GKB Opticals — legacy Kolkata-origin optical retail chain, mid scale.
- Coolwinks (Fittr Eyewear) — online-first eyewear e-tailer, smaller scale than Lenskart/Dealskart.
- John Jacobs — note: this is actually a private-label brand under the Lenskart group itself, not an independent competitor; listed here only to flag the entity-confusion risk, not as a true peer.
given the ₹1,400+ Cr scale, Dealskart (as the Lenskart-brand operating entity) is the clear scale leader among Indian pure-play/omnichannel eyewear retailers in this comparison set.
Frequently Asked Questions
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