Lenskart Share price Live: Lenskart makes muted debut on D-street – Should you buy, sell or hold?

Shivani Nyati, Head of Wealth at Swastika Investmart, maintained a ‘Neutral’ view on the Lenskart IPO, citing stretched valuations even though the company’s business fundamentals remain solid.

Meanwhile, Siddharth Maurya, Founder and Managing Director at Vibhavangal Anukulakara, noted that with a potential valuation of around Rs 70,000 crore, Lenskart’s omni-channel presence and aggressive international expansion stand out as key differentiators. However, he cautioned that investors must assess the sustainability of its unit economics and margins, especially amid rising operational costs and global competition.

He added that while India’s under-penetrated eyewear market offers long-term growth potential, consistent profitability and disciplined capital management will determine whether Lenskart evolves from a high-growth startup into a sustainably profitable listed company.