Lenskart Solutions ipo gmp, Subscription Status Live Updates: Lenskart Solutions IPO is all set to open the subscription on October 31. The investors can bid for the IPO in a range of Rs 382 to Rs 402 per equity share. The company will mop up a sum of Rs 7,278.02 crore from the primary markets. The issue is a combination of 5.35 crore fresh shares amounting to Rs 2,150 crore and an offer for sale of 12.76 crore shares aggregating to Rs 5,128.02 crore.
| Orkla India IPO | Key Details |
| Price Band | Rs 382-402 per share |
| IPO Date | October 31-November 04 |
| GMP | 9.95% |
| IPO Allotment date | November 06 |
| Listing date | Novemeber 10 |
Lenskart Solutions will close the IPO subscription on November 04. The allotment for the Lenskart Solutions IPO is expected to be finalised on November 06. The issue is estimated to be listed on BSE and NSE on November 10, as per the tentative schedule.
Kotak Mahindra Capital Company, Morgan Stanley India Company, Avendus Capital, Citigroup Global Markets India, Axis Capital, and Intensive Fiscal Services are the book-running lead managers for the IPO, and MUFG Intime India is working as the registrar of the issue.
Lenskart Solutions is a technology-focused eyewear company involved in the design, manufacturing, branding, and retail of prescription eyeglasses, sunglasses, contact lenses, and accessories. Operating under a direct-to-consumer model, the company offers a broad range of eyewear under its own brands and sub-brands, catering to all age groups and price segments.
In FY25, 105 new collections were launched, including collaborations with well-known brands and personalities. As of March 2025, Lenskart operated 2,723 stores globally—2,067 in India and 656 overseas—with 1,757 owned and 310 franchised stores in India.
Live Updates
The Lenskart IPO aims to raise Rs 7,278 crore through a mix of fresh issue and offer for sale (OFS).
Fresh Issue: 53.5 million shares worth Rs 2,150 crore
Offer for Sale: 127.6 million shares worth Rs 5,128 crore, allowing existing investors to offload part of their holdings.
Bidding Dates: October 31 to November 4
Allotment Date: November 6
Listing Date: November 10 (on BSE and NSE)
Also read: Lenskart Vs Studds Accessories IPO: Which is a better bet? 5 ‘must know’ details before you subscribe
Lenskart is the largest organised eyewear retailer in India and is ranked among the top two in Asia for prescription eyeglasses in terms of B2C eyeglasses sales volumes during the FY25, according to the Redseer Report. Furthermore, Lenskart holds the number one position in India and Singapore in terms of B2C revenue from operations amongst leading large organised retailers of prescription eyeglasses in FY25.
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