Explore the Lenskart Solutions IPO 2025 — issue date, price band, lot size, GMP, allotment, listing date, financial performance, expert review, and competitor comparison. Full guide for investors.
Introduction to Lenskart Solutions IPO
Lenskart Solutions IPO 2025 is one of the most awaited upcoming IPOs in India 2025, reflecting the booming D2C and tech-driven retail sector. Founded by Peyush Bansal, who is also a known Shark Tank India investor, Lenskart has transformed from a simple online eyewear startup into India’s largest omnichannel eyewear company.
With over 2,700 stores in India and international presence, the company leverages AI-powered lens customization, virtual try-on technology, and affordable pricing to dominate the eyewear industry in India.
This blog provides a complete Lenskart IPO review, including Lenskart IPO date, price, GMP, lot size, allotment date, listing date, and expert analysis, helping investors decide whether this IPO is worth subscribing to.
Lenskart Solutions Ltd – Company Overview
Founded in 2010, Lenskart Solutions Ltd has grown to a valuation of approximately ₹69,700 crore as of 2025. The company is backed by SoftBank Vision Fund, Temasek Holdings, Premji Invest, and Alpha Wave Global, giving it strong financial credibility.
Key Highlights:
- Founder: Peyush Bansal
- Headquarters: Gurugram, India
- Product Range: Eyeglasses, sunglasses, contact lenses, accessories
- Business Model: Omnichannel (Online + Offline retail)
- Innovation: AI-powered lenses, home eye checkups, virtual try-on
Investor Insight: Lenskart’s strong brand recognition, technology-driven approach, and market leadership make it a promising multibagger IPO 2025 candidate.
Lenskart IPO 2025 – Key Details
| Particular | Details |
|---|---|
| IPO Name | Lenskart Solutions Ltd IPO |
| Issue Size | ₹7,278 crore (Fresh Issue: ₹2,150 Cr, OFS: ₹5,128 Cr) |
| Price Band | ₹382 – ₹402 per share |
| Lot Size | 37 shares |
| Minimum Investment | ₹14,874 |
| IPO Open Date | October 31, 2025 |
| IPO Close Date | November 4, 2025 |
| Allotment Date | November 6, 2025 |
| Listing Date | November 10, 2025 |
The Lenskart IPO issue size positions it among the largest Indian startup IPOs in 2025, attracting attention from retail and institutional investors alike.
Lenskart Solutions IPO Lot Size
Investors can bid for a minimum of 37 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 37 | ₹14,874 |
| Retail (Max) | 13 | 481 | ₹1,93,362 |
| S-HNI (Min) | 14 | 518 | ₹2,08,236 |
| S-HNI (Max) | 67 | 2,479 | ₹9,96,558 |
| B-HNI (Min) | 68 | 2,516 | ₹10,11,432 |
How to Apply for Lenskart IPO Online
Investors can apply for Lenskart IPO online via:
- UPI applications through Zerodha, Groww, Paytm Money
- ASBA facility through NetBanking (ICICI, SBI, HDFC, etc.)
Steps to Apply:
- Log in to your demat account.
- Search Lenskart Solutions IPO.
- Enter bid quantity and price band.
- Confirm via UPI or ASBA.
- Track IPO subscription and allotment.
Tip: Check Lenskart IPO GMP today to gauge expected listing gains.
Lenskart IPO Financial Performance
| Period Ended | Revenue (₹ Crore) | Expense (₹ Crore) | PAT (₹ Crore) | Assets (₹ Crore) |
|---|---|---|---|---|
| 2023 | 3,927.97 | 4,025.07 | 63.76 | 9,528.28 |
| 2024 | 5,609.87 | 5,549.59 | 10.15 | 9,531.02 |
| 2025 | 7,009.28 | 6,619.48 | 297.34 | 10,471.02 |
| June 2025 | 1,946.10 | 1,836.58 | 61.17 | 10,845.68 |
Analysis:
- Consistent revenue growth highlights scalability.
- Profitability improvement indicates strong business execution.
- Solid financials support Lenskart IPO allotment and listing success.
Lenskart IPO Grey Market Premium (GMP)
The Lenskart IPO GMP is currently ₹70, suggesting potential listing gains of 17% above the upper price band. GMP is an important factor for investors seeking short-term gains.
Observation: The high GMP reflects strong investor demand and confidence in Lenskart’s growth strategy.
Expert Review – Lenskart IPO Analysis
Strengths
- Dominates the Indian eyewear market both online and offline.
- Uses technology-driven customization and AI-based services.
- Backed by global investors, ensuring financial credibility.
Risks
- Intense competition from Titan Eye+, Nykaa, and Amazon.
- High marketing and operational expenses.
- Premium valuation may affect immediate listing returns.
Verdict: For investors seeking exposure to D2C retail and tech-driven startups, Lenskart IPO is a promising investment with potential for long-term growth.
Lenskart vs Competitors
| Company | Valuation (₹ Cr) | Revenue (₹ Cr) | Focus Area |
|---|---|---|---|
| Lenskart | 69,700 | 2,400 | Eyewear Retail |
| Titan Eye+ | 35,000 | 1,800 | Premium Eyewear |
| Nykaa | 40,000 | 5,000 | Beauty & Fashion |
| Mamaearth | 15,000 | 1,500 | Personal Care |
Observation: Lenskart leads the tech-driven eyewear market, giving it a competitive edge over traditional retail competitors.
Key Dates for Lenskart IPO
- IPO Open: October 31, 2025
- IPO Close: November 4, 2025
- Allotment Date: November 6, 2025
- Listing Date: November 10, 2025
FAQs – Lenskart IPO 2025
- What is the Lenskart IPO price band?
₹382 – ₹402 per share - When does the IPO open and close?
October 31 – November 4, 2025 - What is the lot size for the Lenskart IPO?
37 shares - What is the GMP of Lenskart IPO?
₹68 - When is the allotment and listing date?
Allotment: November 6, 2025; Listing: November 10, 2025 - Should I invest in Lenskart IPO?
Strong growth fundamentals make it a promising option. - How to apply online for Lenskart IPO?
Via Zerodha, Groww, Paytm Money, or NetBanking ASBA - Can Lenskart IPO become a multibagger?
Long-term potential exists due to brand strength and scalability - Who are the main competitors?
Titan Eye+, Nykaa, Mamaearth - How much fund will Lenskart raise?
Approx ₹7,278 crore
Conclusion
The Lenskart Solutions IPO is one of the most anticipated Indian startup IPOs in 2025, reflecting the growth of D2C retail and tech-driven businesses. Strong financials, innovative technology, and market dominance position it as a potential multibagger IPO 2025. Investors should evaluate the IPO’s price band, GMP, and subscription trends before investing.
Disclaimer
The information provided in this article is solely for educational and informational purposes and does not constitute financial, investment, or professional advice. Lenskart Solutions IPO details, including price band, lot size, GMP, and listing dates, are based on publicly available sources as of October 2025 and may be subject to change. Investors should conduct their own research, carefully assess risks, and consult a licensed financial advisor before making any investment decisions. The author or publisher is not responsible for any financial losses or consequences arising from investments in Lenskart IPO or related securities.
