Lenskart Solutions IPO

Lenskart Solutions IPO is listed on BSE and NSE, priced at ₹382–₹402 per share. The stock debuted at ₹395. The IPO had a lot size of ₹37 shares and a minimum investment of ₹14,874.

Lenskart Solutions Limited IPO

Mainboard Listed
₹14,874 (37 Shares)
Minimum Investment
Check Allotment
IPO Dates
Oct 31, 2025 – Nov 4, 2025
Price band
₹382-402 per equity share
Minimum Investment
₹14,874
Issue size
₹7278.02 Cr
Lot size
37
Allotment Date
Nov 6, 2025
Listing
Nov 10, 2025
Listing At
BSE, NSE

IPO timeline

  1. Oct 31, 2025

    Open Date

    Completed

  2. Nov 4, 2025

    Close Date

    Completed

  3. Nov 6, 2025

    Allotment Date

    Completed

  4. Nov 10, 2025

    Listing Date

    Completed

Price Summary

Last closing
475.25 (18.22%)
52 week high
557.65
52 week low
356.10
Last update

Lenskart Solutions IPO Subscription Details

View Subscription Details
QIB 40.36x
Retail 7.54x
NIIs 18.23x
bHNI 21.81x
sHNI 11.06x
Retail 7.54x
EMP 4.96x
Total 28.26x

Lenskart Solutions IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Lenskart Solutions IPO Essentials

Lenskart Solutions IPO Details

Lenskart Solutions IPO is priced at ₹382-402 per share with a total issue size of 7278.02 crore. The IPO has a lot size of 37 shares and is listed on BSE and NSE.

Issue price
₹382-402 per equity share
Lot size
37 shares
Face value
₹2 Per Equity Share
Issue size
Total 7,278.02 Cr :
#Fresh Issue : 5,34,82,587 shares(aggregating up to ₹2,150.00 Cr) +
#OFS : 12,75,62,573 shares of ₹2(aggregating up to ₹5,128.02 Cr)
Total issue size
18,10,45,160 shares
(aggregating up to ₹7278.02 crore)
Fresh issue
5,34,82,587 shares
(aggregating up to ₹2150 crore)
Offer for sale (OFS)
12,75,62,573 shares
(aggregating up to ₹5128.02 crore)
Listing at
BSE, NSE
List price
395.0(NSE)
Listing date
Registrar
MUFG Intime India Pvt.Ltd
Lead manager
Kotak Mahindra Capital Co.Ltd, Morgan Stanley India Co.Pvt.Ltd, Avendus Capital Pvt.Ltd, Citigroup Global Markets India Pvt.Ltd, Axis Capital Ltd, Intensive Fiscal Services Pvt.Ltd

Market Lot Size

Investors can bid for a minimum of 37 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 37 ₹14,874
Retail(max) 13 481 ₹1,93,362
sHNI(min) 14 518 ₹2,08,236
sHNI(max) 67 2,479 ₹9,96,558
sHNI(min) 68 2,516 ₹10,11,432

Lenskart Solutions IPO Documents

Lenskart Solutions IPO Reservation

Lenskart Solutions IPO reservation details show category-wise allocation of shares. Out of the total 181045160 shares, approximately 29.93% are reserved for QIB, 14.97% for NII, 9.98% for retail investors, 0.22% for employees, and 44.91% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 81302412 (44.91%)
QIB Shares Offered 54187724 (29.93%)
NII (HNI) Shares Offered 27098027 (14.97%)
bHNI > ₹10L 18065352 (10%) 34875
sHNI < ₹10L 9032676 (5%) 17438
Retail Shares Offered 18065352 (9.98%) 488253
Employee Shares Offered 391645 (0.22%)
Total Shares Offered 181045160 (100%)

Lenskart Solutions IPO Analytics

Lenskart Solutions IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Lenskart Solutions IPO Subscription Status

Lenskart Solutions IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 28.26x, indicating strong demand across investor categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 5,41,87,724
2,70,98,027
1,80,65,352
90,32,676
1,80,65,352 9,97,42,748
Day 1 31-10-25 05:00 PM
1.42 x
0.41x
0.30x
0.63x
1.32 x 1.13 x
Day 2 03-11-25 05:00 PM
1.64 x
1.88x
1.64x
2.37x
3.33 x 2.01 x
Day 3 04-11-25 05:00 PM
40.36 x
18.23x
21.81x
11.06x
7.54 x 28.26 x
Total No. of Applications
bHNI sHNI Retail
3338903 (Approx) 4.34x 10.64x 6.06x

Lenskart Solutions Valuations

Earnings

EPS Pre IPO
₹1.77/-
EPS Post IPO
1.41
P/E Pre IPO
227.27
P/E Post IPO
284.96

Returns

ROCE
13.84%

Fundamentals

Price / Book
11.03
Market Cap
69,726.83 Cr.

Data sourced from DRHP / RHP • For educational purposes only

Lenskart Solutions Financials( In Crs.)

30-Jun-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 10845.68 10471.02 9531.02 9528.28
Revenue 1946.10 7009.28 5609.87 3927.97
Profit After Tax 61.17 297.34 -10.15 -63.76
Net Worth 6176.87 6108.30 5642.38 5444.48
Reserves & Surplus 5855.43 5795.00 5466.50 5411.96
Total Borrowing 335.48 345.94 497.15 917.21

Lenskart Solutions Company & Offer Insights

About Lenskart Solutions

Lenskart Solutions Ltd. was founded in 2008 and is a tech-enabled eyewear firm engaged in the design, manufacturing, branding, and retailing of prescription eyeglasses, sunglasses, contact lenses, and accessories. Its core market is India, and according to the Redseer Report, FY 2025 was the year in which the highest volume of eyeglasses were sold in India by the company.

The company operates on a direct-to-consumer model, selling a wide variety of eyewear under its own brands and sub-brands to all segments of the population and price points. During FY 2025, 105 new collections were introduced in the market, including co-operations with prominent brands and personalities.

As of March 31, 2025, Lenskart had 2,723 stores in the world—2,067 in India and 656 abroad—with 1,757 owned stores and 310 franchised stores in India. Remote eye examination is available through 136 optometrists across 168 stores in India and select international markets, such as Japan and Thailand.

Production is based in Bhiwadi and Gurugram with backing regional facilities in Singapore and the UAE. This arrangement facilitates next-day delivery in 40 Indian cities and 3-day delivery in 69 cities for single-vision prescription eyewear.

The firm reported revenues of ₹37,880.28 million, ₹54,277.03 million, and ₹66,525.17 million during FY 2023, 2024, and 2025 respectively, reflecting year-on-year growth consistently. The firm's apps have received more than 100 million cumulative downloads and have a total of 532 technologists.

Lenskart Solutions Promoter(s)

Peyush Bansal, Neha Bansal, Amit Chaudhary, Sumeet Kapahi are the company's promoters of Lenskart Solutions.

Lenskart Solutions IPO Issue Objectives

Capital expenditure towards set-up of new CoCo stores in India – ₹272.62 Cr
Expenditure for lease/rent/license agreements related payments for our CoCo stores operated by the Company, in India – ₹591.44 Cr
Investing in technology and cloud infrastructure – ₹213.38 Cr
Brand marketing and business promotion expenses for enhancing brand awareness – ₹320.06 Cr
Unidentified inorganic acquisitions and general corporate purposes

Lenskart Solutions IPO - Anchor Investors

Lenskart raises ₹3,268 crore from 147 anchor investors ahead of IPO.

The anchor book has been fully subscribed by domestic institutional investors, including leading mutual funds such as SBI Mutual Fund, HDFC Mutual Fund, and ICICI Prudential Mutual Fund.
It also includes Kotak Mutual Fund, Axis Mutual Fund, Aditya Birla Sun Life Mutual Fund, Mirae Asset, DSP Mutual Fund, Franklin India, HSBC Mutual Fund, WhiteOak Capital, Edelweiss, Bandhan and Canara Robeco. There are also insurance companies like SBI Life Insurance, HDFC Life Insurance, ICICI Prudential Life Insurance, Bajaj Allianz Life Insurance, Kotak Mahindra Life Insurance, Axis Max Life, Reliance Nippon Life Insurance, and Tata AIA Life Insurance.
Global interest was equally strong, with very strong demand from sovereign and long-only foreign institutional investors such as the Government of Singapore, Monetary Authority of Singapore, Government Pension Fund Global (Norway), New World Fund Inc, Fidelity, T Rowe Price, BlackRock, Capital Group, Goldman Sachs, Nomura, Amundi, JP Morgan, and Wellington Management Company LLP, among others.

Lenskart Solutions IPO - Strengths and Risks

Lenskart Solutions IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

Integrated Supply Chain and Manufacturing Efficiency: Centralized manufacturing at Bhiwadi and Gurugram, backed by offshore facilities, provides more effective cost management, quicker turnaround, and scalable scale.
In-House Frame and Lens Engineering: Control over the entire product from design to delivery allows better quality control and quicker innovation cycles.
Strong D2C Business Model with Omnichannel Reach: Harmonization of online presence and big retail footprint (2,700+ stores worldwide) offers reach, brand recall, and customer confidence in markets.

Risks

Raw Materials Dependence and China Imports: Raw materials are a significant cost (₹16,229.74 million or 24.52% of total cost in FY 2025). Any cost variation or disruption—particularly from imports from China through its joint venture Baofeng Framekart Technology Ltd.—has the potential to affect profitability.
Manufacturing Facility Operational Risk: Malfunctions, closures, or slowdowns at important plants (Bhiwadi, Gurugram) can create supply disruption, impacting sales and financial performance.
High Expenditure and Reliance on Store Expansion: Large amounts of capital and lease expenditures related to expansion of CoCo stores raise fixed costs and subject the company to real estate and operating risks.

Contact Information

Contact Details

Lenskart Solutions

+91 124 429 3191

compliance.officer@lenskart.com

https://www.lenskart.com

Plot No. 151, Okhla Industrial Estate, Phase III, Delhi, New Delhi - 110020

Registrar Contact Details

MUFG Intime India Private Limited (Link Intime)

+91-22-4918 6270

lenskart.ipo@in.mpms.mufg.com

https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Frequently Asked Questions

Click any question to reveal the answer

Lenskart Solutions IPO is a book-built IPO worth ₹7278.02 crore. The price band is ₹382–₹402 per share. The IPO opens on Oct 31, 2025 and closes on Nov 4, 2025. It will be listed on BSE and NSE. MUFG Intime India Pvt. Ltd. is the registrar.

The price band of Lenskart Solutions IPO is ₹382 to ₹402 per share.

The lot size of Lenskart Solutions IPO is 37 shares.

The minimum investment for Lenskart Solutions IPO is approximately ₹14,874 based on the upper price band .

Lenskart Solutions IPO opens on Oct 31, 2025 and closes on Nov 4, 2025.

The allotment date of Lenskart Solutions IPO is Nov 6, 2025.

Lenskart Solutions IPO is expected to be listed on Nov 10, 2025, on BSE and NSE .

Lenskart Solutions IPO listed on Nov 10, 2025. It was issued at ₹395.0(NSE) and is currently around ₹475.25 as on 14-May-2026 3:30 PM, which is approximately 18.2% versus issue price. The 52-week high is ₹557.65.

Based on listing and post-listing performance, Lenskart Solutions IPO delivered around 18.2% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Lenskart Solutions IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Lenskart Solutions IPO valuation snapshot: P/E 284.96, EPS 1.41, P/B 11.03, RoNW N/A, and market cap 69,726.83 Cr.

To apply for Lenskart Solutions IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Lenskart Solutions IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Lenskart Solutions IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Lenskart Solutions IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Lenskart Solutions IPO allotment status on IPO Ji for quick and easy access.