Lenskart Solutions IPO Details
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Lenskart Solutions IPO opens for subscription on 31 Oct 2025 and closes on 04 Nov 2025. The IPO will be listed on NSE, BSE with the tentative listing date set for 10 Nov 2025.
Lenskart Solutions IPO price band has been fixed at ₹382 – ₹402 per share.The face value is ₹2 per share with a lot size of 37.
Lenskart Solutions IPO total issue size comprises 18,10,45,160 shares (aggregating up to ₹7278.02 Cr.). This includes a fresh issue of 5,34,82,587 shares (aggregating up to ₹2150.00 Cr.). Offer for Sale consists of 12,75,62,573 shares (aggregating up to ₹5128.02 Cr.).
Lenskart Solutions IPO carries a ₹10 (2.5%) GMP, reflecting investor sentiment.
Lenskart Solutions IPO Lot Size : Retain Minimum is 1 lot (37 shares) amounting to ₹14,874. Retain Maximum is 13 lots (481 shares) amounting to ₹193,362. SHNI Minimum is 14 lots (518 shares) amounting to ₹208,236. SHNI Maximum is 67 lots (2,479 shares) amounting to ₹996,558. BHNI Minimum is 68 lots (2,516 shares) amounting to ₹1,011,432.
The Lead Managers for Lenskart Solutions IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Kotak Mahindra Capital Company Limited, Avendus Capital Pvt Ltd, Citigroup Global Markets India Private Limited, Morgan Stanley India Company Pvt Ltd, Axis Capital Limited, Intensive Fiscal Services Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Lenskart Solutions Limited RHP.
Lenskart Solutions IPO Details
Lenskart Solutions IPO Subscription
Lenskart Solutions IPO Application Wise Breakup (Approx)
Lenskart Solutions IPO Dates
- 31 Oct 2025Opening dateOPD
- 04 Nov 2025Closing dateCOD
- 06 Nov 2025Allotment Date BOA
- 07 Nov 2025Initiation of RefundsIOR
- 07 Nov 2025Credit of SharesCOS
- 10 Nov 2025Listing dateLID
Lenskart Solutions IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retain Minimum | 1 | 37 | ₹14,874 |
| Retain Maximum | 13 | 481 | ₹193,362 |
| SHNI Minimum | 14 | 518 | ₹208,236 |
| SHNI Maximum | 67 | 2479 | ₹996,558 |
| BHNI Minimum | 68 | 2516 | ₹1,011,432 |
Lenskart Solutions IPO Reservation
Promoter Holding
Lenskart Solutions IPO Valuations
Lenskart Solutions Financial Information
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 10,845.68 | 10,471.02 | 9,531.02 | 9,528.28 |
| Total Income | 1,946.10 | 7,009.28 | 5,609.87 | 3,927.97 |
| Profit After Tax | 61.17 | 297.34 | -10.15 | -63.76 |
| EBITDA | 336.63 | 971.06 | 672.09 | 259.71 |
| NET Worth | 6,176.87 | 6,108.30 | 5,642.38 | 5,444.48 |
| Reserves and Surplus | 5,855.43 | 5,795.00 | 5,466.50 | 5,411.96 |
| Total Borrowing | 335.48 | 345.94 | 497.15 | 917.21 |
| Amount in ₹ Crore | ||||
About Lenskart Solutions IPO
Lenskart Solutions Ltd., established in 2008, is a technology-focused eyewear company involved in the design, manufacturing, branding, and retail of prescription eyeglasses, sunglasses, contact lenses, and accessories. India serves as its primary market, and as per the Redseer Report, the company recorded the highest volume of prescription eyeglasses sold in India during FY 2025.
Operating under a direct-to-consumer model, the company offers a broad range of eyewear under its own brands and sub-brands, catering to all age groups and price segments. In FY 2025, 105 new collections were launched, including collaborations with well-known brands and personalities.
As of March 31, 2025, Lenskart operated 2,723 stores globally—2,067 in India and 656 overseas—with 1,757 owned and 310 franchised stores in India. Remote eye testing is offered through 136 optometrists at 168 stores across India and select international locations, including Japan and Thailand.
Manufacturing is centralized in Bhiwadi and Gurugram, supported by regional facilities in Singapore and the UAE. This setup enables next-day delivery in 40 Indian cities and 3-day delivery in 69 cities for single-vision prescription eyewear.
The company posted revenues of ₹37,880.28 million, ₹54,277.03 million, and ₹66,525.17 million in FY 2023, 2024, and 2025 respectively, showing consistent year-on-year growth. Its apps have over 100 million cumulative downloads, with a tech team of 532 members.
Strength Of Lenskart Solutions IPO
- Centralized Supply Chain and Automated Manufacturing.
- In-House Frame and Lens Engineering and Manufacturing Capabilities.
- Customer-Focused Product Design Capabilities.
- Lenskart Brand and Portfolio of Owned Sub-brands.
- Technology First Approach to Customer Experience and Operational Efficiency.
- Omnichannel Retail Platform.
- Track Record of Financial.
Risk Of Lenskart Solutions IPO
- Our cost of raw materials consumed constitutes a significant portion of our expenses (amounting to Rs.4,673.39 million, or 25.45% and Rs.16,229.74 million, or 24.52%, of our total expenses in the three months ended June 30, 2025 and the Financial Year 2025, respectively) and delays, interruptions or reduction in the supply of raw materials to manufacture our prescription eyeglasses or fluctuations in the prices of our raw materials could adversely affect our business, results of operations, financial condition and cash flows.
- We manufacture some of our frames in, and import some of our raw materials from, the People's Republic of China, including through import of frames through Baofeng Framekart Technology Limited, our Joint Venture. Any delay, interruption or reduction in the supply of such frames or other raw materials could adversely affect our business, financial condition, results of operations and cash flows.
- An inability to maintain or improve our capacity utilization levels at our manufacturing facilities could have an adverse effect on our business, results of operations, financial condition and cash flows.
- The Directorate of Enforcement, Gurugram under the Foreign Exchange Management Act, 1999, requested us for certain information and documents. While we have provided such requested documents, we cannot assure you that no regulatory or other actions will be initiated against our Company in the future, in relation to such orders, which could adversely affect our business, reputation, results of operations, financial condition and cash flows.
- Our manufacturing facilities are subject to environmental, health, and safety laws and regulations that impose significant compliance costs and liabilities on our operations, and any non-compliance or violation could expose us to legal actions, penalties, and reputational harm.
- Slowdowns, breakdowns or shutdowns at any of our manufacturing facilities could have an adverse effect on our business, results of operations, financial condition and cash flows.
- Our reliance on manufacturing facilities located in the Gurugram industrial cluster across the states of Haryana and Rajasthan (which are our Bhiwadi and Gurugram facilities) exposes us to concentration risks across production and logistics, which could adversely affect our business, results of operations, financial condition and cash flows.
- We have entered into a memorandum of understanding with the Government of Telangana to set up a greenfield manufacturing facility in Hyderabad, Telangana and may encounter delays in the planning, construction and commercialization of our proposed manufacturing facility, which could adversely affect our business, results of operations, financial condition and cash flows.
- The location, size and performance of our retail store network component of our omnichannel retail network are critical to our success. We cannot assure you that our retail store network will expand and operate as expected or that the current locations of our retail stores will continue to be attractive as demographic patterns change.
- Our historical performance may not be indicative of our future growth or financial results and if we fail to manage our growth or implement our growth strategies, our business, financial condition, results of operations and cash flows may be adversely affected.
Objectives Lenskart Solutions IPO
1. Capital expenditure towards set-up of new CoCo stores in India
2. Expenditure for lease/rent/license agreements related payments for our CoCo stores operated by the Company, in India
3. Investing in technology and cloud infrastructure
4. Brand marketing and business promotion expenses for enhancing brand awareness
5. Unidentified inorganic acquisitions and general corporate purposes
Company 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: https://www.lenskart.com
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Read more about Lenskart Solutions Limited IPO
- Lenskart Solutions Limited IPO Detail
- Lenskart Solutions Limited IPO Subscription Detail
- Lenskart Solutions Limited IPO GMP Detail
- Checked Live Lenskart Solutions Limited IPO Allotment Status
- Lenskart Solutions Limited IPO Basis Of Allotment
- Lenskart Solutions Limited IPO Price Calculator
- Lenskart Solutions Limited IPO Stock Price