
Lenskart Solutions
Mainboard₹14,874 / 37 Shares
IPO Details
Lenskart Solutions IPO is priced between ₹382-402 per equity share, with a face value of ₹2 per share. The company's equity shares will be listed on the Mainboard, and MUFG Intime India Pvt.Ltd is managing the issue as the registrar.
The IPO bidding period opened on 31 Oct, 2025, and closed on 4 Nov, 2025. The allotment results will be announced on 6 Nov, 2025, with a tentative listing date set for 10 Nov, 2025.
The total issue comprises 18,10,45,160 shares, amounting to ₹7278.02 crore.
Lenskart Solutions IPO Highlights
| IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At | 
|---|---|---|---|---|---|---|---|
| Oct 31, 2025 - Nov 4, 2025 | 10 Nov, 2025 | ₹2 Per Equity Share | ₹382-402 per equity share | 37 Shares | Shares | - | BSE, NSE | 
Lenskart Solutions IPO Timeline
Issue Price
₹382-402 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
MUFG Intime India Pvt.LtdMarket Lot
Retail: 37 Shares (₹14,874/-)Retail: 481 Shares (₹1,93,362/-)S-HNI: 518 Shares (₹2,08,236/-)
S-HNI: 2,479 Shares (₹9,96,558/-)
B-HNI: 2,516 Shares (₹10,11,432/-)
Lead Manager
Kotak Mahindra Capital Co.LtdMorgan Stanley India Co.Pvt.LtdAvendus Capital Pvt.LtdCitigroup Global Markets India Pvt.LtdAxis Capital LtdIntensive Fiscal Services Pvt.LtdIssue Size
18,10,45,160 shares(aggregating up to ₹7278.02 crore)Retail Portion
Subscription
IPO Docs
No IPO Docs availableLenskart Solutions IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | 
|---|---|---|---|---|---|---|
| 30-Jun-25 | 10845.68 | 1946.10 | 61.17 | 6176.87 | - | 335.48 | 
| 31-Mar-25 | 10471.02 | 7009.28 | 297.34 | 6108.30 | - | 345.94 | 
| 31-Mar-24 | 9531.02 | 5609.87 | -10.15 | 5642.38 | - | 497.15 | 
| 31-Mar-23 | 9528.28 | 3927.97 | -63.76 | 5444.48 | - | 917.21 | 
In Cr.
Lenskart Solutions IPO Valuations
| EPS PRE IPO₹1.77/- | EPS POST IPO1.41 | PE PRE IPO227.27 | PE POST IPO284.96 | ROE- | 
| ROCE13.84% | DEBT EQUITY- | RONW- | PAT MARGIN- | PRICE TO BOOK VALUE11.03 | 
About Company
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 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
Plot No. 151, Okhla Industrial Estate, Phase III, Delhi, New Delhi - 110020MUFG Intime India Private Limited (Link Intime)
Phone: +91-22-4918 6270
Email: lenskart.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html