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Lenskart is set to enter the primary market with an initial public offering (IPO) of Rs 7,278.02 crore. The issue will open for subscription on October 31, 2025, and close on November 4, 2025. The tentative listing date on the BSE and NSE has been fixed for November 10, 2025. The IPO consists of a fresh issue of 5.35 crore shares aggregating to Rs 2,150 crore, along with an offer for sale (OFS) of 12.76 crore shares worth Rs 5,128.02 crore. The company has fixed the price band between Rs 382 and Rs 402 per share, with a face value of Rs 2. Retail investors can bid for a minimum of 37 shares, amounting to Rs 14,874 at the upper price band. For non-institutional investors, the minimum investment is 518 shares (Rs 2,08,236) for sNII and 2,516 shares (Rs 10,11,432) for bNII categories. The registrar for the issue is MUFG Intime India Pvt. Ltd. Allotment And Listing Details The basis of allotment is expected to be finalised on November 6, 2025, with refunds initiated on November 7, and shares credited to Demat accounts the same day. According to the company’s draft prospectus, at least 75 per cent of the issue will be reserved for qualified institutional buyers (QIBs), while up to 10 per cent will be available to retail investors, and up to 15 per cent for non-institutional investors (NIIs). Lenskart employees will receive a Rs 19 per share discount, making the issue slightly more attractive for internal applicants. Lestkart IPO Latest GMP As of October 27, 2025, 11:28 am, the last reported GMP (Grey Market Premium) for Lenskart Solutions IPO is Rs 86, according to a grey market tracking website, Investorgain. With a price band of Rs 402, the IPO’s estimated listing price is Rs 488 (cap price + today’s GMP), indicating an expected gain of approximately 21.39 per cent per share. About Lenskart Founded in 2008, Lenskart offers a mix of prescription glasses, sunglasses, and contact lenses. Operating under a direct-to-consumer model, the company designs, manufactures, and retails eyewear across price ranges and styles. As of March 31, 2025, the company had 2,723 stores globally, with 2,067 outlets in India and 656 international stores spread across markets like Japan and Thailand. Of these, 1,757 stores are company-owned, while 310 operate on a franchise model. The company’s promoters, Peyush Bansal, Neha Bansal, Amit Chaudhary, and Sumeet Kapahi, together held a 19.85 per cent stake pre-issue, which will reduce to 17.52 per cent post-issue. Get Latest News live on Times Now along with Breaking News and Top Headlines from Business, Companies and around the world.
