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Allotment

Lenskart Solutions Limited

Lenskart Solutions IPO is a book-built public issue with a total value of ₹7,278.02 crore. The IPO includes a fresh issue of 5.35 crore equity shares, raising ₹2,150.38 crore, along with an offer for sale of 12.76 crore shares worth ₹5,127.64 crore.

The IPO was open for subscription from October 31, 2025, to November 4, 2025. The allotment of shares was completed on November 6, 2025, and the company’s shares were listed on both the BSE and NSE on November 10, 2025.

The price band for the IPO was fixed at ₹402 per share. One lot consisted of 37 shares. Retail investors had to invest a minimum of ₹14,874 for one lot. For sNII investors, the minimum application size was 14 lots (518 shares), requiring an investment of ₹2,08,236. bNII investors needed to apply for 68 lots (2,516 shares), amounting to ₹10,11,432.

The IPO also reserved up to 3,91,644 shares for employees, which were offered at a discount of ₹19 per share compared to the issue price.

The issue was managed by Kotak Mahindra Capital Company Limited as the book-running lead manager, while MUFG Intime India Private Limited handled the registrar responsibilities.

For complete and detailed information, investors are advised to refer to the Lenskart Solutions IPO RHP.

Lenskart Solutions Limited IPO & Charts
₹402

0%

Open

₹402

HIgh - Low

₹402

Previous Close

₹402

Total Traded Value

0

52 Weeks High

₹402

52 Weeks Low

₹402

Updates On

Oct 31, 2025

IPO. Open

Oct 31, 2026

IPO. Close

Nov 4, 2026

IPO. Price

₹402.00

IPO Market price

₹69,727.57 Cr

IPO Details

IPO Date 10 Nov
IPO Listing Date 10 Nov
IPO Face Value ₹2.00 per share
IPO Price Range ₹402.00
IPO Issue Size 18,10,58,478 shares
IPO Sale Type Fresh Capital-cum-Offer for Sale
Employee Discount ₹19.00
IPO Issue Type Book Building IPO
IPO Listing BSE, NSE Platform
Share Holding Pre Issue 1,68,10,15,590 shares

IPO Timeline

IPO Open Date 31 Oct
IPO Close Date 4 Nov
IPO Allotment (Tentative) 6 Nov
Refunds 7 Nov
Credit to Demat Account 7 Nov
IPO Listing Date 10 Nov

IPO Reservation

Category Offer
QIB Shares Offered 13,55,04,020
NII (HNI) Shares Offered 2,71,00,803
Retail Shares Offered 1,80,67,202

IPO Lot Size

Investors can bid for a minimum of 37 shares, with additional shares in multiples of 37.

Application Lots Share Amount
Retail (Min) 1 37 ₹14,874
Retail (Max) 13 481 ₹1,93,362
S-HNI (Min) 14 518 ₹2,08,236
S-HNI (Max) 67 2,479 ₹9,96,558
B-HNI (Min) 68 2,516 ₹10,11,432
About Company

Lenskart Solutions Ltd., founded in 2008, is a technology-driven eyewear company that designs, manufactures, and sells prescription glasses, sunglasses, contact lenses, and related accessories. India is its main market, and according to the Redseer Report, Lenskart sold the highest number of prescription eyeglasses in India in FY 2025.

The company follows a direct-to-consumer model, offering a wide range of eyewear under its own brands and sub-brands for all ages and price points. In FY 2025, Lenskart launched 105 new collections, including collaborations with well-known brands and celebrities.

As of March 31, 2025, Lenskart operated 2,723 stores worldwide—2,067 in India and 656 abroad. In India, 1,757 stores are company-owned and 310 are franchised. The company also provides remote eye testing services through 136 optometrists across 168 stores, including locations in Japan and Thailand.

Its manufacturing facilities are located in Bhiwadi and Gurugram, with additional regional facilities in Singapore and the UAE. This allows the company to offer next-day delivery in 40 Indian cities and three-day delivery in 69 cities for single-vision prescription eyewear.

Lenskart’s revenue has grown steadily: ₹37,880.28 million in FY 2023, ₹54,277.03 million in FY 2024, and ₹66,525.17 million in FY 2025. Its apps have been downloaded over 100 million times, supported by a technology team of 532 employees.

Key Strengths

Centralized supply chain and in-house manufacturing

In-house frame and lens engineering capabilities

Direct-to-consumer business model

Customer-focused product design

Strong portfolio of owned eyewear brands

Technology-driven operations and retail experience

Omnichannel retail presence

Consistent revenue and EBITDA growth over multiple years

Lenskart Solutions Ltd. reported a 25% increase in revenue and a 3,028% rise in profit after tax (PAT) between the financial years ending March 31, 2024, and March 31, 2025.

Company Financials (Consolidated)

Assets 10,845.68 10,471.02 9,531.02
Total Income 1,946.10 7,009.28 5,609.87
Profit After Tax 61.17 297.34 -10.15
EBITDA 336.63 971.06 672.09
NET Worth 6,176.87 6,108.30 5,642.38
Reserves and Surplus 5,855.43 5,795.00 5,466.50
Total Borrowing 335.48 345.94 497.15

Key Performance Indicator (KPI)

ROE -
ROCE 13.84%
Debt/Equity -
RoNW 4.84
PAT Margin -
EBITDA Margin 14.60%
Price to Book Value 11.03
IPO Objective

IPO Objects of the Issue

S.No. Objects of the ipo Resources Detail IPO Amount
1 Funding capital expenditure requirements for the purchase of equipment/machineries -
2 To meet out the expenses of Working Capital Requirement -
3 To meet out the General Corporate Purposes; 683.13
4 Offer for Sale (OFS) -

Contact Details

Lenskart Solutions Ltd.
Plot No. 151, Okhla Industrial Estate, Phase III
Delhi, New Delhi – 110020

Phone: +91 124 429 3191
Email: compliance.officer@lenskart.co
Website: www.lenskart.com

Detail Registrar

IPO Registrar
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: lenskart.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

FAQ

Lenskart Solutions IPO was a book-built issue worth ₹7,278.02 crore, consisting of a fresh issue of 5.35 crore equity shares and an offer for sale of 12.76 crore shares.

The IPO opened on October 31, 2025, and closed on November 4, 2025. Lenskart shares were listed on both BSE and NSE on November 10, 2025.

The issue price was fixed at ₹402 per share with a lot size of 37 shares. Retail investors needed to invest a minimum of ₹14,874 for one lot.

The IPO reserved up to 3,91,644 equity shares for eligible employees, offering a discount of ₹19 per share compared to the final issue price.

Lenskart Solutions is a technology-driven eyewear company offering glasses, sunglasses, and contact lenses, and it was India’s largest seller of prescription eyewear by volume in FY2025.

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