Lenskart Solutions
Listed
Listed
IPO Timeline
Issue open date
31 Oct 2025Issue close date
4 Nov 2025UPI mandate deadline
4 Nov 2025Allotment finalization
6 Nov 2025Refund initiation
7 Nov 2025Share credit
7 Nov 2025Listing date
10 Nov 2025Mandate end date
19 Nov 2025Lock-in end date for anchor investors (50%)
6 Dec 2025Lock-in end date for anchor investors (remaining)
4 Feb 2026Grey Market Premium Trend
₹10
Current GMP
₹412
Est. Listing Price
2.5%
Est. Listing Gain
₹382 - ₹402
Price Band
GMP History
| Date | GMP (₹) | Est. Listing Price (₹) | Est. Listing Gain |
|---|---|---|---|
| 9 Nov | ₹10 | ₹412 | 2.49% |
| 8 Nov | ₹10 | ₹412 | 2.49% |
| 7 Nov | ₹7 | ₹409 | 1.62% |
| 6 Nov | ₹16 | ₹418 | 3.98% |
| 5 Nov | ₹30 | ₹432 | 7.46% |
| 4 Nov | ₹45 | ₹447 | 11.19% |
| 3 Nov | ₹39 | ₹441 | 9.70% |
| 2 Nov | ₹59 | ₹461 | 14.68% |
| 31 Oct | ₹85 | ₹487 | 21.14% |
| 30 Oct | ₹95 | ₹497 | 23.63% |
| 29 Oct | ₹70 | ₹472 | 17.41% |
| 28 Oct | ₹48 | ₹450 | 11.94% |
| 27 Oct | ₹73 | ₹475 | 18.16% |
| 26 Oct | ₹108 | ₹510 | 26.87% |
| 25 Oct | ₹75 | ₹477 | 18.66% |
Key Dates
Open
31 Oct 2025Close
4 Nov 2025Listing
10 Nov 2025Quick Stats
Issue Size:7278cr
Lot Size:37 shares
About the Company
Lenskart is a tech-driven eyewear company and India’s largest seller of prescription eyeglasses by volume in FY25. It designs, manufactures, and retails affordable eyewear through a direct-to-consumer model with 2,723 stores across India and international markets. Known for its in-house designs and omnichannel presence, Lenskart owns centralized production facilities enabling quick delivery and quality control. It reported ₹6,652 crore revenue in FY25, up 22.6% YoY.
Strengths
- India’s largest seller of prescription eyeglasses by volume in FY25.
- Own brand portfolio with 105 in-house collections launched in FY25.
- Strong omnichannel network with 2,723 stores and over 100 million app downloads.
- Centralized and tech-enabled supply chain with quick delivery capabilities.
- International presence across Asia, including Singapore, the UAE, and Japan.
Risks
- High dependence on India for revenue; limited international contribution so far.
- Faces intense competition from online and offline eyewear players.
- Incurred losses in FY23 and FY24; profitability depends on scaling.
- Subject to risks related to rapid expansion and supply chain management.
- Relies on continuous tech investment; any disruption may affect operations.
Lenskart Solutions IPO – Frequently Asked Questions
- The price band for the Lenskart Solutions IPO is set at ₹382 to ₹402 per share.
- The Lenskart Solutions IPO opens on October 31, 2025 and closes on November 4, 2025.
- The tentative listing date for the Lenskart Solutions IPO is November 10, 2025.
- You can apply for the Lenskart Solutions IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Lenskart Solutions, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Lenskart Solutions IPO is 37 shares. Investors must apply for at least one lot (i.e., 37 shares).