Lenskart IPO Lists at ₹395, Below Issue Price of ₹402 on NSE and BSE

Gurugram, November 10, 2025: The much-anticipated debut of Lenskart Solutions Limited witnessed a subdued start on the exchanges. The shares were listed at ₹395 each, roughly 1.7% below the issue price of ₹402. Early selling pressure pushed the stock down to an intraday low of ₹356.10, a decline of around 11.4% from the issue price. However, the stock later showed signs of recovery, regaining momentum and trading at ₹402 per share by 11:10 AM. The total market capitalization of the company at the time of listing was close to ₹62143 crore, and the trading volume was slightly over 8 crore shares so far, dominated by sale orders.

Lenskart Listing Day Trade Snapshot (as of 11:10 AM)

As mentioned earlier, the stock opened at ₹395, slightly below its issue price of ₹402 per share. So far, the day’s high has reached ₹404.90, while the low touched ₹356.10. Investor response has been highly volatile, with the stock swinging more than 12% within the first few trading hours. However, some consolidation has occurred from the day’s low, as buying interest has kept the stock above its issue price since 11:00 AM.

Lenskart Anchor Allocation

The company had raised ₹3268.36 crore from 147 anchor investors before the IPO. The company had allotted 8.13 crore shares at ₹402 each. The anchor investors included a number of global and domestic institutions, including the Government of Singapore, the Monetary Authority of Singapore, BlackRock, Fidelity, SBI, and ICICI Prudential, along with leading Indian mutual fund investors.

Lenskart IPO Subscription Recap

The IPO saw robust investor interest, with the overall subscription status reaching 28.26 times. Retail investors contributed to a 7.54 times oversubscription, HNIs accounted for 18.23 times, and QIBs led with 40.35 times. The issue also drew strong participation from employees, registering around 4.96 times oversubscription.

Lenskart Solutions Limited is one of the most popular new-age start-ups, founded in 2008. The company is India’s largest omni-channel eyewear retailer that operates with 2723 stores in the domestic and global markets, along with a strong online presence through its app. The company reported total revenue of ₹6652 crore in the previous financial year with a net profit of ₹297 crore. The company has advanced manufacturing facilities in Gurugram, Bhiwadi, Singapore, and Dubai.

REF: https://www.nseindia.com/get-quotes/equity?symbol=LENSKART

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