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Lenskart Solutions is set to make a grand debut on the stock market with a massive Rs 7,278.02 crore IPO, combining fresh capital and an offer for sale on Friday, October 31. Investors now have a clear chance to own a stake in one of India’s leading eyewear companies. The grey market premium of the IPO is also suggesting a positive momentum. The Lenskart Solutions IPO features a fresh issue of 5.35 crore shares worth Rs 2,150.00 crore and an offer for sale of 12.76 crore shares totalling Rs 5,128.02 crore. The price band for the issue has been set between Rs 382 and Rs 402 per share, with a lot size of 37 shares. For retail investors, the minimum investment at the upper price band comes to Rs 14,874. High net worth investors (HNIs) have higher minimum thresholds: Rs 2,08,236 for sNII and Rs 10,11,432 for bNII. Lenskart IPO GMP The latest Grey Market Premium (GMP) for Lenskart Solutions IPO is Rs 102, updated on October 28, 2025, at 11:01 am, according to the grey market tracking website, Investorgain. With the IPO price band at Rs 402 per share, the estimated listing price is around Rs 504 (cap price plus today’s GMP). This implies an expected gain of approximately 25.37 per cent per share. Timeline And Listing Details The IPO opens on October 31, 2025, and closes on November 4, 2025, with allotments expected on November 6, 2025. Shares are anticipated to list on the BSE and NSE on November 10, 2025. MUFG Intime India Pvt. Ltd. serves as the registrar, while the book-running lead manager is yet to be declared. Investor Category And Reservations Investor allocations are structured as follows: QIBs will get at least 75 per cent of the net offer, retail investors up to 10 per cent, and NIIs up to 15 per cent. Employees can benefit from a discount of Rs 19 per share if applying for up to Rs 2 lakh. Retail investors can bid at the cut-off price, whereas sNII and bNII categories have restrictions. About Lenskart Solutions Lenskart was founded in 2008 and is a technology-driven eyewear company engaged in the design, manufacturing, branding, and retail of prescription glasses, sunglasses, and contact lenses. India is its largest market, with over 2,067 stores domestically and 656 overseas. The company offers fast delivery supported by centralised manufacturing in Bhiwadi and Gurugram, along with regional facilities in Singapore and the UAE. Get Latest News live on Times Now along with Breaking News and Top Headlines from Business, Companies and around the world.
