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Lenskart IPO Price Band: Eyewear firm Lenskart Solutions Limited has fixed the price band of Rs 382-402 for its initial public offering (IPO), which is set to open next week on Friday, October 31. The three-day subscription window will end on November 04, 2025. The company is seeking a valuation of about $7.91 billion. Lenskart aims to raise Rs 2,150 crore through a fresh issue of shares in its upcoming IPO. In addition to the fresh issue, the offer will include an offer-for-sale (OFS) segment, under which promoters and investors will offload more than 12.75 crore equity shares. The company is expected to finalise share allotment by November 6, and trading of Lenskart shares on the BSE and NSE will begin from November 10. Lenskart IPO GMP The grey market premium (GMP) for Lenskart’s unlisted shares aren’t available right now, indicating that trading may not have started yet. Lenskart IPO Details Earlier, Lenskart converted into a public limited company in June. Its name was changed from Lenskart Solutions Private Ltd to Lenskart Solutions Ltd during an extraordinary general meeting held on May 30. Existing investors like TR Capital, Chiratae, Softbank and Kedaara Capital are expected to sell their stake as part of the deal. Alongside founders and promoters — Peyush Bansal, Neha Bansal, Amit Chaudhary, and Sumeet Kapahi — investors including SoftBank’s SVF II Lightbulb (Cayman), Schroders Capital, PI Opportunities Fund, MacRitchie Investments, Kedaara Capital Fund, and Alpha Wave will also participate as selling shareholders in the offer-for-sale. Notably, Schroders Capital Private Equity Asia Mauritius is set to exit entirely, offloading its 1.9 crore shares, representing a 1.13% stake, through the IPO. The firm, which started operations in 2010 as an online business, was valued at $6.1 billion as of September 10, according to data from Tracxn as quoted by Reuters. Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
