Lenskart Solutions Limited IPO
Lenskart Solutions Limited IPO
Price Band
₹382 - ₹402
Total Issue
₹7,278.02 Cr
Bid Dates
31 Oct - 04 Nov
Subscription
28.26x
Est. GMP
₹16 (3.98%)
Tentative Timetable
Business Overview
Lenskart is a technology-driven eyewear player with integrated operations across designing, manufacturing, branding and retailing of eyewear products. Its portfolio includes prescription eyeglasses, sunglasses, contact lenses and eyewear accessories marketed under multiple brands and sub-brands. With India, Southeast Asia, Japan and the Middle East as key markets, the company operates eyeglass design and manufacturing facilities in India, supported by regional facilities in Singapore and the United Arab Emirates. It has an omnichannel presence through websites, mobile applications and retail stores.
Lot Info
| Category | 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 | 2,479 | ₹9,96,558 |
| B-HNI (Min) | 68 | 2,516 | ₹10,11,432 |
Category Reservation
Issue Size
Objects of Issue
- Capital expenditure towards set-up of new CoCo stores in India.
- Expenditure for lease/rent/license agreements related payments for the CoCo stores operated by the Company, in India.
- Investing in technology & cloud infrastructure.
- Brand marketing & business promotion expenses for enhancing brand awareness.
- Unidentified inorganic acquisitions the general corporate purposes.
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 08 Nov | ₹16 (4%) | ₹418 |
| 07 Nov | ₹16 (4%) | ₹418 |
| 06 Nov | ₹30 (7.5%) | ₹432 |
| 05 Nov | ₹42 (10.4%) | ₹444 |
| 04 Nov | ₹60 (14.9%) | ₹462 |
| 03 Nov | ₹61 (15.2%) | ₹463 |
| 31 Oct | ₹81 (20.1%) | ₹483 |
| 30 Oct | ₹63 (15.7%) | ₹465 |
| 29 Oct | ₹65 (16.2%) | ₹467 |
| 28 Oct | ₹73 (18.2%) | ₹475 |
| 27 Oct | ₹108 (26.9%) | ₹510 |
| 26 Oct | ₹75 (18.7%) | ₹477 |
Lenskart IPO Peer Comparison
There are no listed companies which are comparable in size to our Company in the same industry
Financial Performance
(Rs. in crores)
| Particulars | Jun-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue from Operations | 1,894.46 | 6,652.52 | 5,427.70 | 3,788.03 |
| Profit after Tax | 61.17 | 297.34 | -10.15 | -63.76 |
| Net Worth | 6,176.87 | 6,108.30 | 5,642.38 | 5,444.48 |
| Total Borrowing | 335.48 | 345.94 | 497.15 | 917.21 |
| Total Assets | 10,845.68 | 10,471.02 | 9,531.02 | 9,528.28 |
| NAV per share (in ₹) | 36.74 | 36.34 | 34.29 | 33.54 |
| EPS - Basic (in ₹) | 0.36 | 1.77 | -0.11 | -0.43 |
KPIs
EBITDA
14.60%
Product Margin
67.92%
ROCE
13.84%
PE Ratio
227.12
PB Ratio
11.06
Mkt Cap (in Crs.)
69,726.83
All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band.
Shareholding
Promoter
20.03%
Public
79.97%
Management
Subscription Status
Updated as on 04-Nov-2025 19:00:00
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| QIB | 40.35 | 5,42,01,607 | 2,18,68,08,632 |
| NII | 18.23 | 2,71,00,804 | 49,39,58,103 |
| bHNI | 21.81 | 1,80,67,203 | 39,40,22,472 |
| sHNI | 11.06 | 90,33,601 | 9,99,35,631 |
| Retail | 7.54 | 1,80,67,203 | 13,61,36,616 |
| Employee | 4.96 | 3,91,645 | 19,42,426 |
| Total | 28.26 | 9,97,61,259 | 2,81,88,45,777 |
Frequently Asked Questions
What is Lenskart IPO?
When will Lenskart IPO open?
What is the GMP of Lenskart IPO?
What is the lot size of Lenskart IPO?
When is the allotment of Lenskart IPO?
What is the listing date of Lenskart IPO?
What is the subscription of Lenskart IPO?
What is the price band of Lenskart IPO?
How to check allotment status of Lenskart IPO?
How to apply Lenskart IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Lenskart IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Lenskart IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Lenskart IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date


