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Lenskart IPO: Eyewear retailer Lenskart Solutions Limited is gearing up to hit the primary market with its much-awaited initial public offering (IPO) this week. Backed by marquee investors and led by co-founder and CEO Peyush Bansal, the IPO is set to be one of India’s most talked-about issues of the year. Here’s a detailed look at all the key details, from opening date to price band, GMP, to listing date. Lenskart IPO Opening and Closing Dates The Lenskart IPO will open for public subscription on Friday, October 31, 2025, and will close on Tuesday, November 4, 2025. The company is expected to finalise the share allotment by November 6, with shares likely to be listed on both BSE and NSE on November 10, 2025. Lenskart IPO Price Band and Size The company has fixed the price band at Rs 382-402 per share for its IPO. At the upper end of the price band, Lenskart is seeking a valuation of around $7.91 billion (about Rs 72,700 crore). The issue includes a fresh issue of shares worth Rs 2,150 crore, while the offer-for-sale (OFS) segment will see promoters and investors offloading more than 12.75 crore equity shares. Lenskart IPO GMP Today According to market observers, unlisted shares of Lenskart Solutions Ltd are currently trading at Rs 479 apiece in the grey market, against the upper IPO price of Rs 402. It means a grey market premium (GMP) of 19.15%, indicating decent listing gains for investors. The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price. The IPO will be listed on both the NSE and the BSE on November 10. Key Selling Shareholders in the OFS Along with founders and promoters (Peyush Bansal, Neha Bansal, Amit Chaudhary, and Sumeet Kapahi), several major investors are participating in the OFS. These include SoftBank’s SVF II Lightbulb (Cayman), Schroders Capital, PI Opportunities Fund, MacRitchie Investments, Kedaara Capital Fund, and Alpha Wave Ventures. Notably, Schroders Capital Private Equity Asia (Mauritius) is set to make a complete exit, selling 1.9 crore shares, which represent a 1.13% stake in the company. About Lenskart Founded in 2010, Lenskart began as an online eyewear retailer and has since grown into one of India’s leading omnichannel eyewear brands with both online and offline presence. The company was valued at $6.1 billion as of September 2025, according to Tracxn data cited by Reuters. In June 2025, the company transitioned into a public limited entity — changing its name from Lenskart Solutions Private Limited to Lenskart Solutions Limited after an extraordinary general meeting held on May 30. Lenskart IPO Lead Managers and Objective The fresh issue will be used for business expansion, new investments, acquisitions and general corporate purposes. The IPO will be managed by a consortium of top investment bankers, while the registrar and book-running lead managers will be responsible for allotment and investor coordination. With strong brand visibility, a robust online-offline model, and solid investor backing, the Lenskart IPO is expected to generate significant interest among both retail and institutional investors.
