Lenskart Solutions IPO
GMP, Subscription, Price, Dates & Financial Details
Lenskart Solutions Ltd. – Company OverviewEstablished: 2008 Headquarters: India Industry: Eyewear – Design, Manufacturing, Branding, and RetailLenskart Solutions Ltd. is a technology-driven eyewear company specializing in the design, manufacturing, branding, and retail of prescription eyeglasses,…
Open Date
Fri, 31 Oct 2025
Close Date
Tue, 04 Nov 2025
Price Band
₹ 382 – 402
Lot Size
37
Issue Size
₹ 7,278.00 Cr
Minimum Investment
₹ 14,874 (37 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Lenskart Solutions IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹7,278.00 Crore, comprising a fresh issue of 5.35 Crore equity shares aggregating to ₹2,150.00 Crore and an offer for sale (OFS) of 12.76 Crore equity shares aggregating to ₹5,128.00 Crore by the existing shareholders.
The Lenskart Solutions IPO remained open for subscription from October 31, 2025, to November 04, 2025. The basis of allotment was finalized on November 06, 2025, and the company's shares were listed on the NSE and BSE on November 10, 2025.
The company had fixed the price band at ₹382 to ₹402 per share, with a lot size of 37 shares. Retail investors were required to make a minimum investment of ₹14,874 (based on the upper price band) to apply for one lot.
The IPO also included a reservation of 391,645 equity shares for eligible employees, who received a discount of ₹19 per share.
MUFG Intime India Private Limited served as the registrar to the issue. 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 acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Lenskart Solutions Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Lenskart Solutions IPO Timeline (Tentative)
- IPO Open Date
- Fri, 31 Oct 25
- IPO Close Date
- Tue, 04 Nov 25
- Basis of Allotment
- Thu, 06 Nov 25
- Initiation of Refunds
- Fri, 07 Nov 25
- Credit of Shares to Demat
- Fri, 07 Nov 25
- Listing Date
- Mon, 10 Nov 25 — NSE & BSE
Open Date
31 October 2025
Close Date
04 November 2025
Basis Of Allotment
06 November 2025
Listing Date
10 November 2025
IPO Subscription
Check Live Subscription →The Lenskart Solutions IPO has received bids for 2,81,88,45,777 shares against 9,97,61,257 shares offered, resulting in an overall subscription of 28.26x. the NII category is subscribed 18.23x, Retail Investors 7.54x, Employees 4.96x, and QIBs 40.35x. Within the NII category, BNII is subscribed 21.81x, while SNII is subscribed 11.06x.
QIB
40.35x
NII
18.23x
BNII
21.81x
SNII
11.06x
RII
7.54x
EMP
4.96x
Total
28.26x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 1,80,65,352 shares, representing 18.11% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 5,41,87,724 shares (54.33%), while Non-Institutional Investors (NIIs) receive 2,70,98,027 shares (27.17%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 54,187,724 | 54.33% |
| Non-Institutional | 27,098,027 | 27.17% |
| BNII | 18,065,352 | 18.11% |
| SNII | 9,032,676 | 9.06% |
| Retail Investors | 18,065,352 | 18.11% |
| Employees | 391,645 | 0.39% |
| Total | 99,742,748 | 100% |
Financials Details(₹ in Crores)
| Particular | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 10845.68 | 10471.02 | 9531.02 | 9528.28 |
| Revenue | 1946.1 | 7009.28 | 5609.87 | 3927.97 |
| Profit After Tax | 61.17 | 297.34 | -10.15 | -63.76 |
| Net Worth | 6176.87 | 6108.3 | 5642.38 | 5444.48 |
| Reserve & Surplus | 5855.43 | 5795 | 5466.5 | 5411.96 |
| Total Borrowings | 335.48 | 345.94 | 497.15 | 917.21 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Lenskart Solutions Limited KPI Information
| Particular | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROCE % | 13.84 | 5.08 | -0.48 |
| RoNW % | 4.84 | -0.31 | -1.25 |
Peers Comparison
No Peer Comparision Available
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
Lenskart Solutions Limited Address / Contact Details
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
Lenskart Solutions IPO Lot Size
The Lenskart Solutions IPO has a lot size of 37 shares. Retail investors require a minimum investment of ₹14,874 by applying for 1 lot (37 shares). The maximum application allowed for the retail category is 13 lots (481 shares), requiring an investment of ₹1,93,362.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 37 | 14,874.00 |
| Retail (Max) | 13 | 481 | 193,362.00 |
| S-HNI (Min) | 14 | 518 | 208,236.00 |
| S-HNI (Max) | 67 | 2,479 | 996,558.00 |
| B-HNI (Min) | 68 | 2,516 | 1,011,432.00 |
Issue Reservation
- QIB — 54.33%
- NII — 27.17%
- RII — 18.11%
- EMP — 0.39%
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
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Lenskart Solutions IPO?
Lenskart Solutions IPO is a Book-building IPO with a total issue size of ₹7278 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.
When will the Lenskart Solutions IPO open for subscription?
The Lenskart Solutions IPO opens on Fri, Oct 31, 2025 and closes on Tue, Nov 4, 2025
What is Lenskart Solutions IPO Price Band?
Lenskart Solutions IPO Price Band is ₹382 to 402 per share.
What is Lenskart Solutions IPO Lot Size?
Lenskart Solutions IPO lot size is 37 shares, Retail investors need a minimum investment of ₹14874 based on the upper price band
What is the minimum investment for Lenskart Solutions IPO?
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.
How to apply for Lenskart Solutions IPO?
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.
What is Lenskart Solutions IPO Issue Size?
Lenskart Solutions IPO issue size is ₹7278 crores.
What is the Lenskart Solutions IPO Allotment Date?
Lenskart Solutions IPO allotment date is Thu, Nov 6, 2025.
Who is the Lenskart Solutions IPO Registrar?
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.
What is the Lenskart Solutions IPO GMP?
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 2.49% over the issue price.
Who is the Lenskart Solutions IPO Lead Manager?
The book-running lead managers (BRLMs) for the Lenskart Solutions IPO are 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. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Lenskart Solutions IPO Red Herring Prospectus (RHP).