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Lenskart IPO Live Updates: Lenskart Solutions is entering the market with a total IPO size of Rs 7,278.02 crore, opening for subscription from October 31 to November 4, 2025, with a tentative listing date of November 10, 2025, on the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE).The IPO breaks down into a fresh issue of 5.35 crore shares (valued at Rs 2,150 crore) and an offer for sale (OFS) of 12.76 crore shares (worth Rs 5,128.02 crore). The price band has been kept between Rs 382 and Rs 402 per share (face value of Rs 2).Retail investors can participate with a minimum of 37 shares (at the upper band worth ~Rs 14,874). Non-institutional investors face larger minimums: 518 shares (~Rs 2,08,236) for sNII and 2,516 shares (~Rs 10,11,432) for bNII categories. The registrar managing the issue is MUFG Intime India.Allocation And Employee IncentiveAccording to the company’s draft prospectus, 75 per cent of the issue is reserved for Qualified Institutional Buyers (QIBs), with up to 10 per cent earmarked for retail investors and 15 per cent for Non‐Institutional Investors (NIIs). Importantly, Lenskart has included an employee incentive: employees will receive a discount of Rs 19 per share, making the internal allocation slightly more attractive.Company Snapshot And Promoter HoldingFounded in 2008, Lenskart designs, manufactures and retails a wide range of eyewear, including prescription glasses, sunglasses and contact lenses, operating a direct-to-consumer business model. As of March 31, 2025, the company operated 2,723 stores globally: 2,067 in India and 656 overseas (Japan, Thailand, etc). Of these, 1,757 are company-owned and 310 operate under a franchise model. Before the IPO, promoters (Peyush Bansal, Neha Bansal, Amit Chaudhary and Sumeet Kapahi) held a 19.85 per cent stake; post-IPO, this will dilute to 17.52 per cent.
