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The much-awaited allotment of the Lenskart Solutions Limited IPO is set to be finalised on Thursday, November 6, with results expected by late evening. Investors will be able to view their allotment details on the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and the registrar’s website, MUFG Intime India. The eyewear company’s IPO received an overwhelming response, with bids for 2,81,88,45,777 shares against the 9,97,61,257 shares on offer, achieving a robust 28.26 times subscription, according to NSE data. The Qualified Institutional Buyers (QIBs) category led the charge with a subscription rate of 40.35 times, followed by Non-Institutional Investors (NIIs) at 18.23 times, while Retail Individual Investors (RIIs) subscribed 7.54 times. Lenskart IPO Price Band, Issue Size, and Objectives The IPO carried a price band of Rs 382 to Rs 402 per share, with a minimum bid lot of 37 shares. The Rs 7,278.02 crore book-built issue included a fresh issue of Rs 2,150 crore and an Offer for Sale (OFS) worth Rs 5,128.02 crore. Under the OFS, shares will be sold by promoters Peyush Bansal, Neha Bansal, Sumeet Kapahi, and Amit Chaudhary, along with investors such as Kedaara Capital Fund II LLP, PI Opportunities Fund-II, SVF II Lightbulb (Cayman) Ltd, Macritchie Investments Pte Ltd, Schroders Capital Private Equity Asia Mauritius Ltd, and Alpha Wave Ventures LP. Funds raised from the fresh issue will support multiple growth plans — including setting up new CoCo stores in India, lease payments, technology and cloud investments, brand marketing, and potential acquisitions. How To Check Lenskart IPO Allotment Status Investors can easily verify their allotment through multiple official channels: MUFG Intime India Visit MUFG Intime India’s IPO portalSelect Lenskart Solutions LimitedEnter your Account No/IFSC, Application No, PAN, or DP/Client ID to view results.On NSE Head to the NSE IPO Bid Verification pageChoose LENSKART under Equity & SME IPOSubmit your PAN and application number.On BSE Visit the BSE allotment check pageSelect Equity, choose Lenskart Solutions LimitedEnter your PAN or application numberListing Date and Market Buzz Lenskart shares are scheduled to list on the NSE and BSE on Monday, November 10, at 10 am. According to reports from investorgain.com, Lenskart’s unlisted shares are currently trading at Rs 441, reflecting a grey market premium (GMP) of 9.7 per cent, or Rs 39 above the upper price band of Rs 402. (Disclaimer: This article is meant solely for informational and educational purposes. The views and opinions expressed are those of individual analysts or brokerage firms and do not reflect the stance of Times Now. Readers are advised to consult certified financial experts before making any investment decisions.) Get Latest News live on Times Now along with Breaking News and Top Headlines from Business, Companies and around the world.
