Lenskart IPO Live Updates: Lenskart IPO opens today: Check GMP, brokerage views, subscription status and other key details here – The Economic Times

Lenskart IPO Live Updates: Lenskart Solutions, will open its ₹7,278 crore initial public offering (IPO) for subscription today. The issue, which will remain open until November 4, is priced between ₹382 and ₹402 per share. It comprises a fresh issue of ₹2,150 crore and an offer for sale of ₹5,128 crore by existing shareholders, including SoftBank, Kedaara Capital, and Temasek.

Lenskart ipo gmp – Latest Details-The Lenskart IPO grey market premium (GMP) stood at ₹70 per share on Friday, indicating that the stock is trading ₹70 above its issue price of ₹402. Based on the current GMP and price band, Lenskart shares could list at around ₹472, reflecting a potential listing premium of 17.41%.

How to Subscribe Lenskart IPO-You can apply for the Lenskart Solutions IPO online through either the UPI or ASBA payment option. The ASBA facility is available via your bank’s net banking portal, while the UPI option can be used through brokers that do not provide banking services.

Lenskart IPO Price Band and Lot Size-Lenskart Solutions has fixed its IPO price band at ₹382–₹402 per share. At the upper end of the range, the company aims to raise ₹7,278 crore through the public offering. Investors can bid for the Lenskart IPO in lots of 37 shares. For retail investors, the minimum investment at the upper end of the price band amounts to ₹14,874.

Lenskart IPO Opening Date and Subscription-The Lenskart IPO will open for subscription on October 31 and close on November 4. The share allotment is scheduled to be finalized on November 6, while the company’s stock is set to make its market debut on November 10.

Lenskart IPO Closing and Allotment Date-The share allotment is scheduled to be finalized on November 6, while the company’s stock is set to make its market debut on November 10.

Is Lenskart IPO worth buying? Expert Reviews-SBI Securities has given a “Subscribe for long term” rating, citing Lenskart’s robust business model and leadership in an underpenetrated market. The brokerage notes that while the listing gains could be limited, the company’s integrated supply chain, improving profitability, and brand strength provide a long runway for growth.