Lenskart Solutions IPO – Key Details and Investment Highlights
Lenskart Solutions IPO will open for subscription on October 31, 2025, and close on November 4, 2025. It is a Book Built Issue, through which the company aims to raise approximately ₹7,278.02 crore. This includes a fresh issue of ₹2,150 crore and an offer for sale (OFS) of up to 12,75,62,573 equity shares, each having a face value of ₹2.
The Lenskart Solutions IPO price band is set at ₹382 to ₹402 per share. The issue comprises 75% reserved for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (HNIs), and 10% for Retail Investors. The IPO allotment is expected to be finalized on November 6, 2025, and the shares will be listed on BSE and NSE on November 10, 2025.
In terms of financial performance, Lenskart Solutions reported a remarkable growth in FY2025, with revenue rising to ₹7,009.28 crore from ₹5,609.87 crore in FY2024. The company also turned profitable, posting a net profit of ₹297.34 crore in FY2025 compared to a loss of ₹10.15 crore in FY2024.
Given its strong financial turnaround, robust business model, and expanding market presence, Lenskart Solutions IPO appears to be a promising long-term investment opportunity for investors looking to participate in India’s fast-growing eyewear retail segment.
Lenskart Solutions IPO Objectives:
Lenskart Solutions Limited proposes to utilize the net proceeds from the IPO for the following purposes:
| S.No. | Objects of the Issue | Estimated Amount (₹ in Crores) |
|---|---|---|
| 1 | Capital expenditure for setting up new Company-Owned Company-Operated (CoCo) stores across India | 272.62 |
| 2 | Payments related to lease, rent, and license agreements for CoCo stores operated by the company in India | 591.44 |
| 3 | Investment in advanced technology and cloud infrastructure | 213.38 |
| 4 | Brand marketing and promotional activities to enhance brand visibility and awareness | 320.06 |
| 5 | Unidentified inorganic acquisitions and general corporate purposes |
Lenskart Solutions IPO Review (Apply or Not)
- May Apply
Lenskart Solutions IPO Date & Price Band Details
| IPO Open Date | October 31, 2025 |
| IPO Close Date | November 4, 2025 |
| Face Value | ₹2 Per Equity Share |
| IPO Price Band | ₹382 to ₹402 Per Share |
| Issue Size | Approx ₹7,278.02 Crores |
| Fresh Issue | Approx ₹2,150 Crores |
| Offer for Sale: | Approx 12,75,62,573 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus | Link |
| RHP Draft Prospectus | Link |
- Lenskart Solutions IPO Lot Size:
The minimum market lot for the Lenskart Solutions IPO is 37 shares, requiring a minimum application amount of ₹14,874. Retail investors can apply for up to 13 lots, comprising a total of 481 shares, with a maximum investment amount of ₹1,93,362.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 37 | ₹14,874 |
| Retail Maximum | 13 | 481 | ₹1,93,362 |
| S-HNI Minimum | 14 | 518 | ₹2,08,236 |
| S-HNI Maximum | 67 | 2,479 | ₹9,96,558 |
| B-HNI Minimum | 68 | 2,516 | ₹10,11,432 |
Lenskart Solutions IPO Allotment & Listing Date (Details)
The Lenskart Solutions IPO will open on October 31, 2025, and close on November 4, 2025. The IPO allotment is expected to be finalized on November 6, 2025, with the listing scheduled for November 10, 2025, on the BSE and NSE.
| IPO Open Date: | October 31, 2025 |
| IPO Close Date: | November 4, 2025 |
| Basis of Allotment: | November 6, 2025 |
| Refunds: | November 7, 2025 |
| Credit to Demat Account: | November 7, 2025 |
| IPO Listing Date: | November 10, 2025 |
| IPO Bidding Cut-off Time: | November 4, 2025 – 5 PM |
Lenskart Solutions IPO GMP Today:
The Lenskart Solutions IPO Grey Market Premium (GMP) is currently ₹48, Based on the price band of ₹402 per share, the estimated listing price is around ₹450 per share (cap price + current GMP). This indicates an expected potential gain of approximately 11.94% per share on the listing day, reflecting positive investor sentiment in the grey market.
Promoters of Lenskart Solutions IPO
The promoters of Lenskart Solutions Limited are Mr. Peyush Bansal, Ms. Neha Bansal, Mr. Amit Chaudhary, and Mr. Sumeet Kapahi, who have been instrumental in driving the company’s growth and innovation in the eyewear industry.
Lenskart Solutions IPO– Company Financial Performance
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹3,927.97 | ₹4,025.07 | ₹63.76 | ₹9,528.28 |
| 2024 | ₹5,609.87 | ₹5,549.59 | ₹10.15 | ₹9,531.02 |
| 2025 | ₹7,009.28 | ₹6,619.48 | ₹297.34 | ₹10,471.02 |
| June 2025 | ₹1,946.10 | ₹1,836.58 | ₹61.17 | ₹10,845.68 |
Lenskart Solutions IPO – FY2025
| KPI | Values |
| ROE: | -% |
| ROCE: | 13.84% |
| EBITDA Margin: | -% |
| PAT Margin: | -% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹1.77 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 4.84% |
| Net Asset Value (NAV): | ₹36.43 |
Lenskart Solutions IPO Registrar
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: lenskart.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Lenskart Solutions IPO Lead Managers aka Merchant Bankers
- 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.
Lenskart Solutions IPO Company Address
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
Lenskart Solutions IPO – FAQs
Q1. What is Lenskart Solutions IPO?
Lenskart Solutions IPO is the initial public offering of Lenskart Solutions Limited, one of India’s leading omni-channel eyewear retailers. The company is known for offering eyeglasses, sunglasses, and contact lenses through its online platform and retail stores.
Q2. When will the Lenskart Solutions IPO open?
The Lenskart Solutions IPO opening and closing dates will be announced soon. Investors are advised to stay tuned for official updates once SEBI approves the IPO details.
Q3. What is the price band of Lenskart Solutions IPO?
The price band for the Lenskart Solutions IPO is expected to be announced closer to the IPO opening date. It will be available on the company’s prospectus and major IPO platforms.
Q4. What is the Lenskart Solutions IPO lot size?
The minimum market lot and application size will be declared in the IPO prospectus once available.
Q5. Who are the promoters of Lenskart Solutions Limited?
The promoters of Lenskart Solutions Limited are Peyush Bansal, Neha Bansal, Amit Chaudhary, and Sumeet Kapahi.
Q6. What is the Lenskart Solutions IPO GMP today?
As of the latest update, Lenskart Solutions IPO GMP (Grey Market Premium) is ₹48 per share. This value may change daily based on market demand and investor sentiment.
Q7. What is the estimated listing price of Lenskart Solutions IPO?
Based on the current GMP, the estimated listing price of Lenskart Solutions IPO could be around ₹450 per share (₹402 issue price + ₹48 GMP). However, this may vary by listing day.
Q8. How can I apply for the Lenskart Solutions IPO?
You can apply for the Lenskart Solutions IPO online through your Demat account using ASBA via your bank’s net banking or UPI-based IPO applications through brokers like Zerodha, Groww, or Angel One.
Q9. What is the Lenskart Solutions IPO allotment date?
The IPO allotment date will be announced once the IPO timeline is finalized. Investors can check their allotment status on the registrar’s website after the allotment is completed.
Q10. When will Lenskart Solutions IPO list on the stock exchange?
The Lenskart Solutions IPO listing date will be announced after the allotment process. The shares are expected to be listed on both NSE and BSE.
Q11. Is Lenskart Solutions a good IPO to invest in?
Lenskart has a strong brand presence, expanding customer base, and robust online–offline business model. However, investors should review the company’s financials, valuation, and growth prospects before investing.
