Lenskart Solutions IPO Details
The Lenskart Solutions IPO is a book build issue with a total issue size of ₹7278.02 cr, comprising of fresh issue of 53482587 equity shares., and a offer for sale of 127562573 equity shares. Lenskart Solutions IPO opened for subscription on Oct 31, 2025 and closed on Nov 04, 2025. Lenskart Solutions IPO is set price band at ₹382 to ₹402 per share, with a lot size of 37 shares. Minimum investment for Retail investors was ₹14,874.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Nov 06, 2025, and listed on both the NSE and BSE on Nov 10, 2025.
MUFG Intime India Private Limited has been appointed as the registrar. Axis Capital Limited, Morgan Stanley India Company Private Limited, Avendus Capital Private Limited, Intensive Fiscal Services Private Limited, Kotak Mahindra Capital Company Limited and Citigroup Global Markets India Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Lenskart Solutions IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 382 – 402
- Lot Size
- 37
- Issue Size
- ₹7278.02 Cr
- Minimum Investment
- ₹14874 (37 Shares)
- Listing Date
- 10 November 2025
Current GMP
₹10 (+2.49%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Lenskart Solutions Limited
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.
Lenskart Solutions IPO Promoters
- Peyush Bansal
- Neha Bansal
- Amit Chaudhary
- Sumeet Kapahi
Promoters Holding
Holding Pre Issue
19.97%
Holding Post Issue
17.52%
Lenskart Solutions IPO Objective
The Company Lenskart Solutions IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Capital expenditure towards set-up of new CoCo stores in India
- Expenditure for lease/rent/license agreements related payments for our CoCo stores operated by our Company, in India
- Investing in technology and cloud infrastructure
- Brand marketing and business promotion expenses for enhancing brand awareness
- 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
Book Running Lead Managers
- Axis Capital Limited
- Morgan Stanley India Company Private Limited
- Avendus Capital Private Limited
- Intensive Fiscal Services Private Limited
- Kotak Mahindra Capital Company Limited
- Citigroup Global Markets India Private Limited
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 with a total issue size of ₹7278.02 crore. The Lenskart Solutions IPO price band is ₹382 to 402 per share. The Lenskart Solutions IPO subscription opens on Fri, Oct 31, 2025, and closes on Tue, Nov 4, 2025. The Lenskart Solutions IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Lenskart Solutions IPO.
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 per share.
Lenskart Solutions IPO lot size is 37 shares, Retail investors need a minimum investment of ₹14874 based on the upper price band
The minimum investment for Lenskart Solutions IPO is ₹14874, based on one lot of 37 shares at the upper price band of ₹402 per share.
Investors can apply for the Lenskart Solutions IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Nov 4, 2025. The application amount remains blocked until the Lenskart Solutions IPO allotment is finalized.
Lenskart Solutions IPO issue size is ₹7278.02 crores.
Lenskart Solutions IPO allotment date is Wed, Jul 1, 2026.
The registrar for Lenskart Solutions IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Lenskart Solutions IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.