The Lenskart Solutions IPO opening date is October 31, 2025, and will close on November 4, 2025. The Lenskart Solutions IPO is a book-built issue. The company will raise approximately ₹7,278.02 crore through the IPO, comprising fresh shares worth ₹2,150 crore and 12,75,62,573 equity shares with a face value of ₹2.
The price band for the Lenskart Solutions IPO is ₹382 to ₹402 per share. The retail share is 10%, QIBs 75%, and HNIs 15%. The Lenskart Solutions IPO will be listed on the BSE and NSE on November 10, 2025. The allotment for the Lenskart Solutions IPO will take place on November 6, 2025.
The company reported revenue of ₹7,009.28 crore in 2025, compared to ₹5,609.87 crore in 2024. The company reported a profit of ₹297.34 crore in 2025, compared to a loss of ₹10.15 crore in 2024. Based on the financials, IPO investors should invest in the IPO GMP for the long term.
Lenskart Solutions IPO Details
| IPO Open Date | October 31, 2025 |
| IPO Close Date | November 4, 2025 |
| Face Value | ₹2 Per Equity Share |
| IPO Price Band | ₹382 to ₹402 Per Share |
| Issue Size | Approx ₹7,278.02 Crores |
| Fresh Issue | Approx ₹2,150 Crores |
| Offer for Sale: | Approx 12,75,62,573 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus | . |
| RHP Draft Prospectus | . |
Lenskart Solutions IPO Market Lot
The Lenskart Solutions IPO minimum market lot is 37 shares with ₹14,874 application amount. The retail investors can apply up-to 13 lots with 481 shares of ₹1,93,362 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 37 | ₹14,874 |
| Retail Maximum | 13 | 481 | ₹1,93,362 |
| S-HNI Minimum | 14 | 518 | ₹2,08,236 |
| S-HNI Maximum | 67 | 2,479 | ₹9,96,558 |
| B-HNI Minimum | 68 | 2,516 | ₹10,11,432 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 75% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 10% |
Lenskart Solutions IPO Anchor Investors
| Anchor Bidding Date | October 30, 2025 |
| Anchor Investors List | . |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | December 4, 2025 |
| lock-in period end date 50% shares (90 Days) | February 2, 2026 |
Lenskart Solutions IPO Dates
The Lenskart Solutions IPO date is October 31 and the close date is November 4. The Lenskart Solutions IPO allotment will be finalized on November 6 and the IPO listing on November 10.
| IPO Open Date: | October 31, 2025 |
| IPO Close Date: | November 4, 2025 |
| Basis of Allotment: | November 6, 2025 |
| Refunds: | November 7, 2025 |
| Credit to Demat Account: | November 7, 2025 |
| IPO Listing Date: | November 10, 2025 |
| IPO Bidding Cut-off Time: | November 4, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Peyush Bansal, Neha Bansal, Amit Chaudhary and Sumeet Kapahi.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,68,10,15,590 | 19.85% |
| Promoter Holding Post Issue | – | 17.52% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Capital expenditure towards set-up of new CoCo stores in India | 272.62 |
| Expenditure for lease/rent/license agreements related payments for our CoCo stores operated by the Company, in India | 591.44 |
| Investing in technology and cloud infrastructure | 213.38 |
| Brand marketing and business promotion expenses for enhancing brand awareness | 320.06 |
| Unidentified inorganic acquisitions and general corporate purposes |
About Lenskart Solutions IPO
Founded in 2008, Lenskart Solutions Limited is one of the leading technology-based eyewear companies engaged in designing, manufacturing, branding, and selling eyewear products. The company’s portfolio consists of a wide range of products, including prescription eyeglasses, sunglasses, contact lenses, and eyewear accessories. In FY25, according to the report, Lenskart is the largest seller of prescription eyeglasses. India is their largest market, and the company has expanded into selected international markets such as Japan, Southeast Asia, and the Middle East.
The company mostly designs and sells its products under its own brand and sub-brands. As of March 31, 2025, the company consists of a 105-member design and merchandising team who are involved in designing eyeglasses, including both frames and lenses. They provide diversified eyewear products for all price ranges and age groups, targeting the needs of each customer. Moreover, in FY25, Lenskart had launched 105 new in-house designed collections worldwide, also collaborating with famous brands and celebrities. Its mobile app had over 100 million downloads, and it runs a total of 2,723 stores worldwide, 2,067 in India and 656 abroad as of March 31, 2025.
Lenskart Solutions IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹3,927.97 | ₹4,025.07 | ₹63.76 | ₹9,528.28 |
| 2024 | ₹5,609.87 | ₹5,549.59 | ₹10.15 | ₹9,531.02 |
| 2025 | ₹7,009.28 | ₹6,619.48 | ₹297.34 | ₹10,471.02 |
| June 2025 | ₹1,946.10 | ₹1,836.58 | ₹61.17 | ₹10,845.68 |
Lenskart Solutions IPO Valuation – FY2025
Check Lenskart Solutions IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | -% |
| ROCE: | 13.84% |
| EBITDA Margin: | -% |
| PAT Margin: | -% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹1.77 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 4.84% |
| Net Asset Value (NAV): | ₹36.43 |
Lenskart Solutions Limited, founded in 2008, is a technology-focused eyewear company engaged in the design, manufacturing, branding, and retail of prescription eyeglasses, sunglasses, contact lenses, and other accessories. India is its primary market, and according to a RedSeer report, the company recorded the highest prescription eyewear sales in India during FY2025.
Operating under a direct-to-consumer model, the company offers a wide range of eyewear under its own brands and sub-brands, catering to the needs of all age groups and price segments. In FY2025, 105 new collections were launched, including collaborations with renowned brands and celebrities.
As of March 31, 2025, Lenskart operated 2,723 stores globally—2,067 in India and 656 overseas—of which 1,757 were owned and 310 were franchised stores in India. Remote eye exams are available through 136 optometrists in 168 stores across India and select international locations, including Japan and Thailand.
Manufacturing is centered in Bhiwadi and Gurugram, supported by regional facilities in Singapore and the United Arab Emirates. This arrangement offers next-day delivery in 40 Indian cities and 3-day delivery in 69 cities for single-vision prescription eyewear.
The company generated revenues of ₹37,880.28 million, ₹54,277.03 million, and ₹66,525.17 million in fiscal years 2023, 2024, and 2025, respectively, demonstrating consistent year-over-year growth. Its apps have over 100 million cumulative downloads, and its technical team consists of 532 members.
Key strengths include:
Centralized supply chain and in-house manufacturing
In-house frame and lens engineering
Direct-to-consumer access
Customer-centric product design
Owned eyewear brand portfolio
Technology-driven operations and retail experience
Omni-channel retail presence
Multi-year revenue and EBITDA growth trajectory