How to Check Lenskart Solutions IPO Allotment Status?

Lenskart Solutions Ltd., established in 2008, is a technology-focused eyewear company involved in the design, manufacturing, branding, and retail of prescription eyeglasses, sunglasses, contact lenses, and accessories. India serves as its primary market, and as per the Redseer Report, the company recorded the highest volume of prescription eyeglasses sold in India during FY 2025.

Operating under a direct-to-consumer model, the company offers a broad range of eyewear under its own brands and sub-brands, catering to all age groups and price segments. As of March 31, 2025, Lenskart operated 2,723 stores globally—2,067 in India and 656 overseas—with 1,757 owned and 310 franchised stores in India. Remote eye testing is offered through 136 optometrists at 168 stores across India and select international locations, including Japan and Thailand.

The company's apps have over 100 million cumulative downloads, with a tech team of 532 members. As of June 30, 2025, Lenskart had total assets of ₹10,845.68 crore.

The Lenskart Solutions IPO came with a total issue size of ₹7,278.02 crore, comprising a fresh issue of ₹2,150.00 crore and an offer for sale of ₹5,128.02 crore. The IPO opened on October 31, 2025, and closed on November 4, 2025. The allotment is expected on Thursday, November 6, 2025. The share price band was set at ₹382 to ₹402 per share.

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Steps to Check Lenskart Solutions IPO Allotment Status on Registrar Site

• Visit the MUFG Intime India Pvt. Ltd. 
• Select "Lenskart Solutions" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Lenskart Solutions IPO Allotment Status on BSE

• Navigate to the BSE IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Lenskart Solutions" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Lenskart Solutions IPO Subscription Status

Lenskart Solutions IPO received strong investor interest, being subscribed 28.27 times overall. Here is the category-wise breakdown as of 5:04:33 PM on November 4, 2025:

• QIB Category (Ex Anchor): 40.36 times
• Non-Institutional Investors (NII): 18.23 times
• Retail Investors: 7.56 times
• Employees: 4.96 times

Lenskart Solutions IPO Share Price and Investment Details

The minimum investment required was ₹14,874 for 1 lot (37 shares). The issue raised ₹3,268.36 crore from anchor investors and included 3,91,645 shares for employees at a discount of ₹19.00. Given the strong subscription of 28.27 times with exceptional institutional interest at 40.36 times, strong NII participation at 18.23 times, and solid retail subscription at 7.56 times, the share price is expected to list with premium.

Utilisation of IPO Proceeds

The proceeds will be utilized for capital expenditure towards set-up of new CoCo stores in India (₹272.62 crore), expenditure for lease/rent/license agreements related payments for CoCo stores operated by the Company in India (₹591.44 crore), investing in technology and cloud infrastructure (₹213.38 crore), brand marketing and business promotion expenses for enhancing brand awareness (₹320.06 crore), and unidentified inorganic acquisitions and general corporate purposes.

Business Overview

Lenskart Solutions Ltd. is a leading prescription-based eyewear manufacturer in India. The company operates a centralized supply chain with in-house manufacturing, in-house frame and lens engineering, and a direct-to-consumer approach. In FY 2025, 105 new collections were launched, including collaborations with well-known brands and personalities.

The company benefits from being the highest volume prescription eyeglasses seller in India, a centralized supply chain, and in-house manufacturing, technology-led operations, and retail experience, omnichannel retail presence with 2,723 stores globally, and a multi-year revenue and EBITDA growth trajectory. However, investors should note the very high post-issue P/E ratio of 284.96 and Price to Book Value of 11.03.