Lenskart Solutions IPO Sees Exceptional Demand, Subscribed 28.27x on Day 3

Lenskart Solutions Limited's initial public offering (IPO) has demonstrated strong investor interest through its second day of subscription. The stock price band is set at ₹382-402 per share. The ₹7,278.02 crore IPO reached 2.02 times by 4:59:38 PM on day two. This indicates strong investor interest in this technology-focused eyewear company established in 2008.

Lenskart Solutions IPO retail segment leads with strong 3.34 times subscription. Employees demonstrate moderate participation at 2.62 times. Non-institutional investors show moderate interest at 1.88 times. Qualified institutional buyers (ex-anchor) display moderate participation at 1.64 times. Anchor investors show complete participation at 1.00 times.

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Lenskart IPO subscription reached exceptional 28.27 times on day three. It was led by Qualified Institutional Buyers Ex-Anchor (40.36x), Non-Institutional Investors (18.23x), Retail Investors (7.56x), and Employees (4.96x). Total applications reached 32,56,297.

Subscription Status of Lenskart IPO:

Here are the subscription details for Lenskart Solutions IPO as of Day 3 (November 4, 2025, 5:04:33 PM):

Key Highlights - Day 3:

• Overall subscription reached exceptional 28.27 times, showing extraordinary improvement from day two's 2.02 times
• Qualified institutional buyers (ex-anchor) displaying exceptional interest at 40.36 times, building dramatically from day two's 1.64 times, indicating very strong institutional appetite for India's leading eyewear company
• Non-institutional investors showing exceptional performance at 18.23 times, building substantially from day two's 1.88 times
• Retail investors displaying strong confidence at 7.56 times, building substantially from day two's 3.34 times, indicating robust retail demand
• Employee category showing strong performance at 4.96 times, building substantially from day two's 2.62 times, reflecting positive employee sentiment
• Total applications reached 32,56,297, showing exceptional investor participation for this mainboard IPO, a significant increase from day two's 12,51,790 applications
• Cumulative bid amount reached ₹1,13,338.38 crores, significantly exceeding the net offer size of ₹4,009.66 crores (excluding anchor portion) by over 28 time

Lenskart Solutions IPO - Day 2 Subscription at 2.02 Times

Key Highlights - Day 2:

• Overall subscription reached strong 2.02 times, showing substantial improvement from day one's 1.13 times
• Retail investors displaying strong confidence at 3.34 times, building substantially from day one's 1.32 times
• Employee category showing moderate performance at 2.62 times, building substantially from day one's 1.10 times
• Non-institutional investors displaying moderate interest at 1.88 times, building substantially from day one's 0.41 times
• Qualified institutional buyers showing moderate participation at 1.64 times, marginally improving from day one's 1.42 times

Lenskart Solutions IPO - Day 1 Subscription at 1.13 Times

Key Highlights - Day 1:

• Overall subscription reached moderate 1.13 times, showing positive initial investor interest
• Qualified institutional buyers showing moderate performance at 1.42 times, indicating measured institutional appetite
• Retail investors displaying moderate confidence at 1.32 times, showing steady retail sentiment
• Employee category showing moderate participation at 1.10 times, reflecting employee interest
• Non-institutional investors showing weak performance at 0.41 times, indicating subdued HNI appetite

About Lenskart Solutions Limited

Established in 2008, Lenskart Solutions Limited 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, with the company recording the highest volume of prescription eyeglasses sold in India during FY 2025. Operating under a direct-to-consumer model, Lenskart offers eyewear under its own brands and sub-brands catering to all age groups and price segments.