
Lenskart Solutions
Mainboard₹14,874 / 37 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 04 Nov 2025, 06:55 PM |
| QIBs | 40.36 times |
| NII | 18.23 times |
| Retail | 7.54 times |
| Employee | 4.96 times |
| Total | 28.26 times |
Lenskart Solutions IPO Details
The Lenskart Solutions IPO price band is set between ₹382-402 per equity share, with a face value of ₹2 per share. The issue is managed by MUFG Intime India Pvt.Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 31 Oct, 2025 and closes on 4 Nov, 2025. Investors can check the allotment status on 6 Nov, 2025, while the listing date is tentatively scheduled for 10 Nov, 2025.
The total issue size is 18,10,45,160 shares, aggregating up to ₹7278.02 crore. Stay tuned for the latest Lenskart Solutions IPO review and GMP updates.
Lenskart Solutions IPO Review, Rating & Analysis
Lenskart Solutions IPO Review
NO REVIEWLenskart Solutions IPO Rating
Lenskart Solutions IPO Highlights
IPO Date
Oct 31, 2025 - Nov 4, 2025
Listing Date
10 Nov, 2025
Face Value
₹2 Per Equity Share
Price Band
₹382-402 per equity share
Lot Size
37 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Lenskart Solutions IPO Lot Size
The minimum market lot for Lenskart Solutions IPO is 37 shares with an application amount of ₹14,874. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 37 | ₹14,874 |
| Retail (Max) | 13 | 481 | ₹1,93,362 |
| S-HNI (Min) | 14 | 518 | ₹2,08,236 |
| S-HNI (Max) | 67 | 2479 | ₹9,96,558 |
| B-HNI (Min) | 68 | 2516 | ₹10,11,432 |
Lenskart Solutions IPO Timeline
Issue Price
₹382-402 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
MUFG Intime India Pvt.LtdLead 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)Lenskart 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 Reservation Details
| Investor Category | Shares Offered | % Shares |
|---|---|---|
| Anchor Investor Shares Offered | 81302412 | 44.91% |
| QIB Shares Offered | 54187724 | 29.93% |
| NII (HNI) Shares Offered | 27098027 | 14.97% |
| bNII > ₹10L | 18065352 | 10% |
| sNII < ₹10L | 9032676 | 5% |
| Retail Shares Offered | 18065352 | 9.98% |
| Employee Shares Offered | 391645 | 0.22% |
| Total Shares Offered | 181045160 | 100% |
Lenskart Solutions IPO Documents
Lenskart Solutions IPO Valuations
EPS Pre IPO
₹1.77/-EPS Post IPO
1.41PE Pre IPO
227.27PE Post IPO
284.96ROE
-ROCE
13.84%Debt Equity
-RoNW
-PAT Margin
-Price to Book Value
11.03Promoters & Share Holding
Promoter(s) Name
- Peyush Bansal
- Neha Bansal
- Amit Chaudhary
- Sumeet Kapahi
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 19.85% | 17.52% |
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 Subscription Details
| As on | QIB | NII bNII sNII | 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 131-10-25 05:00 PM | 1.42 x | 0.41
0.30 x
0.63 x
| 1.32 x | 1.13 x |
Day 203-11-25 05:00 PM | 1.64 x | 1.88
1.64 x
2.37 x
| 3.33 x | 2.01 x |
Day 304-11-25 05:00 PM | 40.36 x | 18.23
21.81 x
11.06 x
| 7.54 x | 28.26 x |
Retail:6.06x
BHNI:4.34x
SHNI:10.64x
Lenskart Solutions IPO - Issue Objectives & Utilisation of proceeds
| Objectives | Amount |
|---|---|
| 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 | - |
Company Contact Details
Lenskart Solutions
Plot No. 151, Okhla Industrial Estate, Phase III, Delhi, New Delhi - 110020Registrar Contact Details
MUFG 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
Frequently Asked Questions about Lenskart Solutions IPO
When will Lenskart Solutions IPO open for subscription?
The Lenskart Solutions IPO opens on 31 Oct, 2025 and closes on 4 Nov, 2025.
What is the investors portion for Lenskart Solutions IPO?
The investors' portion for QIB is 40.36 x, NII is 21.81 x, and Retail is 7.54 x.
How to apply for Lenskart Solutions IPO?
You can apply for Lenskart Solutions IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Lenskart Solutions IPO?
The issue size of Lenskart Solutions IPO is approx ₹18,10,45,160 shares(aggregating up to ₹7278.02 crore) crores.
What is the price band of Lenskart Solutions IPO?
The price band for Lenskart Solutions IPO is ₹382 to ₹402 per equity share.
What is the lot size of Lenskart Solutions IPO?
The minimum bid (lot size) for Lenskart Solutions IPO is N/A shares with an investment of approx ₹14,874 .
What is the allotment date of Lenskart Solutions IPO?
The allotment date for Lenskart Solutions IPO is 6 Nov, 2025.
What is the listing date of Lenskart Solutions IPO?
The listing date for Lenskart Solutions IPO is expected to be 10 Nov, 2025.
What is the GMP of Lenskart Solutions IPO?
The latest Grey Market Premium (GMP) for Lenskart Solutions IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
