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Lenskart Solutions IPO

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BSE,NSE 31 October - 04 November 2025
Lenskart Solutions Limited IPO is a book build issue of 7278.02 Cr. The issue is a combination of fresh issue of 53482587 shares aggregating to 2150 Cr and offer for sale of 127562573 shares aggregating to 5128.02 Cr. Lenskart Solutions Limited IPO opened for subscription on Oct 31, 2025 and closed on Nov 04, 2025. The allotment for the this IPO was finalized on Nov 06, 2025. IPO was listed on NSE and BSE on Nov 10, 2025. Lenskart Solutions Limited IPO is set issue price band at ₹382 to ₹402 per share.

Current GMP

₹10 (+2.49%)

Price Band

₹ 382 – 402

Lot Size

37

Issue Size

₹7278.02 Cr

Minimum Investment

₹14874 (37 Shares)

Listing Date

10 November 2025

Subscription

28.26x

About the Company

Lenskart Solutions Ltd. – Company Overview

Established: 2008
Headquarters: India
Industry: Eyewear – Design, Manufacturing, Branding, and Retail

Lenskart Solutions Ltd. is a technology-driven eyewear company specializing in the design, manufacturing, branding, and retail of prescription eyeglasses, sunglasses, contact lenses, and related accessories. Operating primarily in India, the company has established itself as the country’s leading eyewear retailer. According to the Redseer Report, Lenskart recorded the highest volume of prescription eyeglasses sold in India during FY 2025.

Business Model and Product Portfolio

Lenskart operates under a direct-to-consumer (D2C) model, offering a comprehensive range of eyewear products through its own brands and sub-brands. Its collections cater to diverse customer segments across different age groups and price ranges.

In FY 2025, the company introduced 105 new collections, including several collaborations with renowned brands and personalities, further enhancing its brand appeal and product diversity.

Retail Network

As of March 31, 2025, Lenskart operated a total of 2,723 stores globally, comprising:

  • 2,067 stores in India, including 1,757 company-owned and 310 franchised outlets
  • 656 international stores across various global markets

The company also offers remote eye testing services, supported by 136 optometrists across 168 stores in India and select international markets such as Japan and Thailand.

Manufacturing and Supply Chain

Lenskart’s manufacturing operations are centralized in Bhiwadi and Gurugram, with additional regional facilities located in Singapore and the UAE. This integrated setup enables:

  • Next-day delivery in 40 Indian cities
  • Three-day delivery in 69 additional cities
    for single-vision prescription eyewear, ensuring efficient and timely service.

Financial Performance

Lenskart has demonstrated strong and consistent revenue growth over recent years:

Fiscal YearRevenue (₹ million)FY 2023 | 37,880.28
FY 2024 | 54,277.03
FY 2025 | 66,525.17

Technology and Digital Presence

With a strong focus on technology, Lenskart’s apps have surpassed 100 million cumulative downloads. The company’s tech team of 532 members continues to drive innovation across digital platforms, enhancing customer experience through virtual try-ons, AI-powered recommendations, and seamless omnichannel integration.


Promoters

  1. Peyush Bansal
  2. Neha Bansal 
  3. Amit Chaudhary
  4. Sumeet Kapahi


Promoters Holding

Holding Pre Issue

19.97%

Holding Post Issue

17.52%

Objects of the Issue

The Company Lenskart Solutions IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.

  1. Capital expenditure towards set-up of new CoCo stores in India
  2. Expenditure for lease/rent/license agreements related payments for our CoCo stores operated by our Company, in India  
  3. Investing in technology and cloud infrastructure 
  4. Brand marketing and business promotion expenses for enhancing brand awareness 
  5. Unidentified inorganic acquisitions and general corporate purposes 

Address / Contact Info

Lenskart Solutions Ltd.
Plot No. 151,Okhla Industrial Estate,Phase III
Delhi, New Delhi, 110020
Phone: +91 124 429 3191
Email: compliance.officer@lenskart.co
Website: https://www.lenskart.com

IPO Snapshot

Face Value₹2 per share
Price Band₹ 382 – 402
Lot Size37
Issue TypeBook-building IPO
Sale TypeFresh Capital & Offer For Sale
Fresh Issue₹ 2,150.00 Cr
Offer for Sale₹ 5,128.02 Cr
Total Issue Size₹ 7,278.02 Cr
Listing AtBSE,NSE
Employee Discount19
Industry
Sector
QIB Quota54.33%
BNII Quota18.11%
SNII Quota9.06%
Retail Quota18.11%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Lenskart Solutions IPO is a Book-building IPO worth ₹7278.02 crores. The price band is ₹382 to 402 per share. The IPO opens on Fri, Oct 31, 2025 and closes on Tue, Nov 4, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.

The Lenskart Solutions IPO opens on Fri, Oct 31, 2025 and closes on Tue, Nov 4, 2025

Lenskart Solutions IPO Price Band is ₹382 to 402.

Lenskart Solutions IPO lot size is 37, and the minimum amount required for application is ₹14874.

The minimum investment for Lenskart Solutions IPO is approximately ₹14874 based on the upper price band.

To apply for the Lenskart Solutions IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Tue, Nov 4, 2025. After submission, funds are blocked until the basis of allotment of Lenskart Solutions IPO is finalised.

Lenskart Solutions IPO issue size is ₹7278.02 crores.

Lenskart Solutions IPO allotment date is Sat, Jun 27, 2026.

The registrar for Lenskart Solutions IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Lenskart Solutions IPO through their official website or helpline.

The Lenskart Solutions IPO GMP (Grey Market Premium) is ₹10 as of Mon, Nov 10, 2025. Based on the upper price band of ₹402 per share, the estimated Lenskart Solutions IPO listing price is ₹412, indicating a potential listing gain of approximately 31% over the issue price.