Lenskart Solutions Ltd., India’s leading omni-channel eyewear manufacturer-retailer, is launching an initial public offering that aims to raise up to ₹7,278.02 crore. The issue opens for subscription on October 31 2025 and will close on November 4 2025, with a price band fixed at ₹382 to ₹402 per share. The IPO comprises a fresh share issuance of approximately ₹2,150 crore and an offer-for-sale (OFS) of about ₹5,128.02 crore by existing shareholders. Shares are proposed to be listed on both the Bombay Stock Exchange and the National Stock Exchange of India on November 10 2025, subject to allotment and regulatory processes.
Lenskart Solutions IPO Day 3 Subscription Status
On Day 3, Lenskart Solutions Ltd. IPO witnessed a strong investor turnout, closing with an overall subscription of 28.26 times. The Qualified Institutional Buyers (QIB) category led the demand with a robust 40.36 times subscription, indicating solid institutional participation. Among Non-Institutional Investors (NII), the bNII (above ₹10 lakh) portion was subscribed 21.81 times, while the sNII (less than ₹10 lakh) segment saw 11.06 times subscription, resulting in an overall NII subscription of 18.23 times. The Retail Individual Investors (RII) category was subscribed 7.54 times, reflecting healthy retail interest. The employee quota also received a positive response, being subscribed 4.95 times. Overall, the issue garnered 32,47,394 applications, with total bids amounting to approximately ₹1,13,319.83 crore, showcasing strong confidence across investor categories in the company’s growth potential.
| Investor Category | Subscription (x) |
|---|---|
| Qualified Institutional Buyers (QIB) | 40.36 |
| Non-Institutional Investors (NII) | 18.23 |
| bNII (above ₹10 lakh) | 21.81 |
| sNII (less than ₹10 lakh) | 11.06 |
| Retail Individual Investors (RII) | 7.54 |
| Employees | 4.95 |
| Total Subscriptions | 28.27 |
Total Applications: 32,56,295
Total Bid Amount (₹ Crores): 1,13,338
How to Check Lenskart Solutions IPO Allotment Status
Lenskart Solutions IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the BSE or NSE website. This IPO will be listed on both the exchanges – BSE and NSE, so the allotment status will be available to all investors on both platforms.
Method 1: Registrar’s website (MUFG Intime India Pvt. Ltd.)
The most reliable way is to check allotment from MUFG Intime India Private Limited’s website.
How to do:
- Visit MUFG Intime India Pvt. Ltd.’s official website
- Select “Lenskart Solutions” from the IPO list
- Enter your details PAN number, Application number, or DP/Client ID
- Click on Submit
- You will see the allotment status on the screen.
Method 2: Check from BSE or NSE’s website
If there is more traffic on the registrar’s website, allotment status can also be checked from BSE or NSE.
How to do:
- Visit BSE or NSE’s official website
- Select ‘Equity’ segment
- Select “Lenskart Solutions” from the IPO list
- Enter PAN number and Application number
- Click on Search
Objective of the Lenskart Solutions IPO
Lenskart Solutions Ltd. plans to utilize the net proceeds from the fresh issue for the following purposes. The proceeds from the Offer for Sale (OFS) will be received by the selling shareholders and not by the company :
| Use of IPO Proceeds | Amount (₹ Cr) |
|---|---|
| Capital expenditure towards set-up of new CoCo stores in India | 272.62 |
| Expenditure for lease/rent/license agreements related payments for our CoCo stores operated by the Company, in India | 591.44 |
| Investing in technology and cloud infrastructure | 213.38 |
| Brand marketing and business promotion expenses for enhancing brand awareness | 320.06 |
| Unidentified inorganic acquisitions and general corporate purposes | – |
Lenskart Solutions IPO GMP – Day 3 Update
The grey market premium (GMP) of the Lenskart Solutions IPO stands at ₹53 as of November 04, 2025 (Day 3). Considering the upper end of the price band at ₹402 per share, the estimated listing price is around ₹455, reflecting a potential gain of approximately 13.18% per share in the grey market.
| Date | GMP | Est. Listing Price | Gain |
|---|---|---|---|
| 04-11-2025 (Day 3) | ₹53 | ₹455 | 13.18% |
Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.
Lenskart Solutions IPO – Key Details
| Particulars | Details |
|---|---|
| IPO Opening Date | October 31, 2025 |
| IPO Closing Date | November 04, 2025 |
| Issue Price Band | ₹382 to ₹402 per share |
| Total Issue Size | 18,10,45,160 shares(aggregating up to ₹7,278.02 Cr) |
| Listing Platform | BSE, NSE |
| Registrar | MUFG Intime India Pvt. Ltd. |
| Lenskart Solutions IPO RHP | Click here |
Important Dates for Lenskart Solutions IPO Allotment
| Event | Date |
|---|---|
| Tentative Allotment | November 06, 2025 |
| Refunds Initiation | November 07, 2025 |
| Credit of Shares to Demat | November 07, 2025 |
| Listing Date | November 10, 2025 |
Lenskart Solutions Overview
Lenskart Solutions Ltd. is a technology-driven, omni-channel eyewear company engaged in designing, manufacturing, branding, and retailing of a wide range of eyewear products, including prescription eyeglasses, sunglasses, contact lenses, and accessories. With a mission to provide affordable and quality “Eyewear for All,” Lenskart integrates advanced technology, cloud infrastructure, and a centralized supply chain to deliver precision-made eyewear at scale. India is its largest market, where it operates over 2,100 stores, while its international presence spans Japan, Southeast Asia, and the Middle East through the Lenskart and Owndays brands. The company owns vertically integrated manufacturing facilities in Bhiwadi (Rajasthan) and Gurugram (Haryana), supported by regional hubs in Singapore and the UAE, enabling rapid fulfillment and next-day delivery in select locations. Leveraging AI-driven design, automation, and remote optometry solutions, Lenskart provides accessible eye testing and customized eyewear to millions of customers globally. According to the Redseer Report, it is India’s largest and Asia’s second-largest organized retailer of prescription eyeglasses by sales volume in FY2025.
Frequently Asked Questions (FAQs)
What is the opening and closing date of Lenskart Solutions IPO?
Lenskart Solutions IPO is open on 31 October 2025 and will close on 04 November 2025.
What is the price band of the Lenskart Solutions IPO?
Its price band is fixed from ₹382 to ₹402 per share.
What is the GMP (Grey Market Premium) of Lenskart Solutions IPO today?
The GMP on 04 November 2025 is ₹53, which leads to a possible listing price of ₹455.
What is the total issue size of Lenskart Solutions IPO?
The total issue size of the Lenskart Solutions IPO is ₹455.49 crore, entirely as an “Fresh Capital-cum-Offer for Sale.”
What is the expected listing date of Lenskart Solutions?
This IPO is expected to be listed on BSE and NSE on 10 November 2025.
