Lenskart IPO Launch Dates
Lenskart, India's top eyewear retailer, is launching its Rs 7,278 crore IPO from October 31 to November 4, 2025. The shares are priced between Rs 382 and Rs 402, with a lot size of 37 shares. The funds will be used to expand stores, invest in technology, and boost marketing.
MARKET NEWS
10/29/20251 min read
The highly anticipated Initial Public Offering (IPO) of Lenskart, the top eyewear store in India, is scheduled to begin on October 31, 2025, and the public subscription period will end on November 4, 2025. A fresh issue of 53.5 million equity shares valued at Rs 2,150 crore and an offer for sale (OFS) of 127.6 million equity shares valued at Rs 5,128 crore make up the IPO, which has a total value of Rs 7,278 crore. A minimum lot size of 37 shares is required, and the initial share price range is set between Rs 382 and Rs 402 per share.
The money raised from the new issue will be used by Lenskart to rent out existing stores, invest in cloud infrastructure and technology, increase brand marketing and promotions, and open new company-owned, company-operated (CoCo) stores throughout India. Additionally, the business plans to set aside money for general corporate objectives and inorganic acquisitions.
Peyush Bansal founded Lenskart in 2010, and it currently has over 2,700 locations throughout India in addition to serving foreign markets. This tech-driven eyewear company sells a range of items, such as contact lenses, sunglasses, prescription glasses, and in-store eye exams. With revenues of over Rs 6,652 crore and a net profit of Rs 297 crore for the fiscal year 2025, Lenskart made a substantial recovery from a loss the year before.
On the 6th of November 2025, the IPO is anticipated to be allocated, and on November 10, 2025, it will be listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). Renowned domestic and international institutional investors have expressed a great interest in participating in the IPO.
Even though the IPO is one of the most anticipated listings in 2025, several analysts warn that the high price-to-earnings ratio suggests that the valuation is stretched, which could limit any listing gains. An anticipated listing price of about Rs 500 per share is suggested by the existing grey market premium, which represents about 24% listing gains from the higher price range.