₹7,278.02 Crore Lenskart IPO Opens for Subscription Today

Gurugram, October 31, 2025: Lenskart IPO opens for subscription today, on October 31. Investors can apply to the IPO of Lenskart through their net banking’s ASBA facility, or through a UPI mandate. The ₹7,278.02 crore Lenskart IPO is a combination of fresh issue of 5.35 crore shares aggregating to ₹2,150.00 crore and offer for sale of 12.76 crore shares aggregating to ₹5,128.02 crore.

Lenskart IPO price band is at ₹382 to ₹402 per share. The lot size is 37 shares per application, with a minimum investment amount required by a retail investor at ₹14,874 (37 shares), at the upper price band. The lot size investment for sNII is 14 lots (518 shares), amounting to ₹2,08,236, and for bNII, it is 68 lots (2,516 shares), amounting to ₹10,11,432. Share allotment for the Lenskart IPO is expected on November 6. The company will credit the shares and initiate refunds on November 7. The shares of Lenskart Solutions are expected to list on NSE and BSE on November 10.

Lenskart Raises ₹3,268.36 Crore From 147 Anchor Investors

Ahead of the IPO, Lenskart Solutions raised ₹3,268.36 crore from 147 anchor investors by allocating 8,13,02,412 equity shares at ₹402 per share. Key investors included the Government of Singapore, Monetary Authority of Singapore, T. Rowe Price, BlackRock, Fidelity, Capital Group, and Goldman Sachs India Equity Portfolio. The anchor book also saw investment from leading domestic funds such as SBI, HDFC, ICICI Prudential, Kotak, Axis, Aditya Birla Sun Life, Mirae Asset, and DSP Mutual Fund.

Utilisation of Lenskart IPO Proceeds

According to the dRHP, the company will use the IPO proceeds to set up new Company-Owned Company-Operated (CoCo) stores in India, make investments in technology and cloud infrastructure, fuel its brand marketing and promotional activities, and for inorganic acquisitions and general corporate purposes.

Outlook for Lenskart IPO

Lenskart IPO has been much-awaited by investors as it is a well-known brand backed by strong financials. The company turned profitable in FY25 with a net profit of ₹297.3 crore, compared with a loss of ₹10.15 crore in FY24 and ₹63.75 crore in FY23. With strong anchor book allocation, the issue enters the subscription phase with a focus on overall investor response.

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