Lenskart Solutions IPO
IPO Listing Details
- Listing Date
10 Nov 2025
- Listing Price
₹390.00
- Listing Change
-2.99%
- Last Traded Price
₹452.00
Lenskart Solutions IPO Details
-
Open Date
31 Oct 2025
-
Close Date
04 Nov 2025
-
Listing Date
10 Nov 2025
- IPO Price Range
₹ 382 to ₹402
- IPO Size
₹ 7,278.02 Cr
- Listing Exchange
BSE NSE
Lenskart Solutions IPO Timeline
Lenskart Solutions IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 31-Oct-25 | 1.42 | 0.41 | 1.32 | 1.13 |
| 03-Nov-25 | 1.64 | 1.89 | 3.35 | 2.02 |
| 04-Nov-25 | 40.36 | 18.23 | 7.56 | 28.27 |
Last Updated: 04 November 2025 6:22 PM by 5paisa
Lenskart Solutions Limited, launching a ₹7,278.02 Cr IPO, s a technology-led eyewear company engaged in the design, manufacture, branding, and retail of prescription glasses, sunglasses, contact lenses, and accessories. Primarily serving India, it sold the highest volume of prescription eyewear in FY 2025. Operating through a direct-to-consumer model, it runs 2,723 global stores and centralises production in Bhiwadi and Gurugram, ensuring swift delivery across major cities in India and select international markets.
Established in: 2008
Managing Director: Peyush Bansal
Peers:
No listed peers.
Lenskart Solutions Objectives
1. The company plans to invest ₹272.62 crore in opening new CoCo stores.
2. It aims to allocate ₹591.44 crore towards lease and rental obligations.
3. Around ₹213.38 crore will be directed to technology and cloud infrastructure.
4. Nearly ₹320.06 crore is earmarked for brand marketing and promotional efforts.
5. Remaining funds will support acquisitions and overall corporate needs.
Lenskart IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹7,278.02 Cr |
| Offer For Sale | ₹5,128.02 Cr |
| Fresh Issue | ₹2,150.00 Cr |
Lenskart IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 37 | 14,134 |
| Retail (Max) | 13 | 481 | 1,93,362 |
| S-HNI (Min) | 14 | 518 | 1,97,876 |
| S-HNI (MAX) | 67 | 2,479 | 9,96,558 |
| B-HNI (Min) | 68 | 2,516 | 9,61,112 |
Lenskart IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 40.36 | 5,41,87,724 | 2,18,68,08,632 | 87,909.71 |
| Non-Institutional Buyers | 18.23 | 2,70,98,027 | 49,39,57,585 | 19,857.09 |
| bNII (bids above ₹10L) | 21.81 | 1,80,65,352 | 39,40,22,472 | 15,839.70 |
| sNII (bids below ₹10L) | 11.06 | 90,32,676 | 9,99,35,113 | 4,017.39 |
| Retail Investors | 7.56 | 1,80,65,352 | 13,66,54,061 | 5,493.49 |
| Employees | 4.96 | 3,91,645 | 19,42,352 | 78.08 |
| Total** | 28.27 | 9,97,42,748 | 2,81,93,62,630 | 1,13,338.38 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 3788.03 | 5427.70 | 6652.52 |
| EBITDA | 259.71 | 672.09 | 971.06 |
| PAT | -63.76 | -10.15 | 297.34 |
| Particulars (₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 9528.28 | 9531.02 | 10471.02 |
| Share Capital | 15.29 | 15.42 | 154.34 |
| Total Borrowing | 917.21 | 497.15 | 345.94 |
| Cash Flows (₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | 94.74 | 487.38 | 1230.63 |
| Net Cash Generated From / (used in) Investing Activities | -2976.49 | 158.68 | -265.87 |
| Net Cash Generated From / (used in) Financing Activities | 2776.70 | -721.77 | -534.78 |
| Net Increase (Decrease) in Cash and Cash Equivalents | -105.04 | -75.71 | 429.99 |
Strengths
1. Strong brand presence in India’s eyewear market.
2. Extensive retail network across domestic and global markets.
3. Advanced in-house manufacturing and supply chain efficiency.
4. Technology-driven model enabling faster delivery and service.
Weaknesses
1. Heavy reliance on the Indian customer base.
2. High operational costs for store expansion and leases.
3. Limited product differentiation across some price segments.
4. Dependence on consistent online and offline integration.
Opportunities
1. Growing demand for affordable eyewear in Tier-II cities.
2. Expansion potential across new international markets.
3. Increasing adoption of tech-enabled eye testing solutions.
4. Rising scope for brand collaborations and partnerships.
Threats
1. Intense competition from domestic and global eyewear brands.
2. Rapid technological changes affecting customer expectations.
3. Economic slowdown could impact discretionary spending.
4. Supply chain disruptions may affect timely product delivery.
1. Strong leadership in India’s fast-growing eyewear market.
2. Expanding global presence with consistent revenue growth.
3. Technology-driven operations ensuring efficiency and scalability.
4. Diversified brand portfolio appealing to multiple segments.
Lenskart Solutions stands as a market leader in India’s organised eyewear sector, combining technology, innovation, and design expertise. With robust revenue growth, an expanding global footprint, and increasing adoption of digital eye testing, the company demonstrates strong scalability. Its omni-channel model, efficient supply chain, and focus on brand collaborations position it for sustained expansion and long-term investor value creation in the eyewear industry.
Open Free Demat Account
Be a part of 5paisa community - The first listed discount broker of India.
By proceeding, you agree to all T&C*
FAQs
Lenskart IPO opens from October 31, 2025 to November 4, 2025.
The size of Lenskart IPO is ₹7,278.02 Cr.
The price band of Lenskart IPO is fixed at ₹382 to ₹402 per share.
To apply for Lenskart IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Lenskart IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Lenskart IPO is of 37 shares and the investment required is ₹14,134.
The share allotment date of Lenskart IPO is November 6, 2025
The Lenskart IPO will likely be listed on November 10, 2025.
Kotak Mahindra Capital Company Limited is the book running lead managers for Lenskart IPO.
Lenskart IPO plans to utilise the raised capital from the IPO for:
1. The company plans to invest ₹272.62 crore in opening new CoCo stores.
2. It aims to allocate ₹591.44 crore towards lease and rental obligations.
3. Around ₹213.38 crore will be directed to technology and cloud infrastructure.
4. Nearly ₹320.06 crore is earmarked for brand marketing and promotional efforts.
5. Remaining funds will support acquisitions and overall corporate needs.
Lenskart Solutions Contact Details
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 Register
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: lenskart.ipo@in.mpms.mufg.com
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Lenskart Solutions IPO Lead Manager
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.