Lenskart Solutions IPO is a Mainboard issue. The company is raising ₹2,150 Crores at a price band of ₹382 - ₹402 per share.
Lenskart Solutions IPO Review & Analysis
Our reading of the numbers below — growth rates, margins, pricing and demand are calculated from the company's own filed figures, not copied from anywhere.
Total subscription
9.04x
across all categories
GMP-implied listing gain
+5%
₹20 premium on a ₹402 issue price
Lenskart Solutions is a mainboard issue raising ₹2,150 Crores, offered in a band of ₹382–₹402 per share. At the upper end that is 201 times the ₹2 face value, so ₹400 of every share subscribed is share premium rather than capital.
For Lenskart Solutions, allotment is finalised on 6 Nov 2025, the shares list on 10 Nov 2025.
The issue is reserved 75% to qualified institutional buyers, 15% to non-institutional investors, 10% to retail. At 10%, the retail portion is on the narrower side, so retail allotment turns into a lottery quickly once the book fills. An oversubscribed retail portion is not allotted in proportion to the amount applied for: applications are reduced to single lots and drawn by lot, so several small applications from different PANs are more effective than one large one.
The book is 9.04x subscribed across all categories. That headline covers institutional, non-institutional and retail bids together, and allotment odds are decided within each category separately — an issue can be heavily subscribed overall while the retail portion is comfortable, or the other way round. An oversubscribed retail book is settled by a draw on single-lot applications, so more distinct PANs help where a bigger single bid does not.
MUFG Intime India Pvt. Ltd. is the registrar for this issue, which means the allotment status for Lenskart Solutions is published on their portal from 6 Nov 2025. A PAN, application number or demat client ID is enough to look it up; the credited shares also appear in the demat account itself a day or so before listing.
A grey market premium of ₹20 on the upper band of ₹402 implies a listing gain of roughly 5%. The grey market is unofficial and unregulated, the premium can change daily, and it has no bearing on allotment — treat it as a sentiment reading, not a forecast.
The figures above are worked out from the issue's own filed numbers and are for information only. They are not investment advice — read the RHP before you apply.
What is Lenskart Solutions IPO?
Lenskart Solutions IPO is a Mainboard issue. The company is raising ₹2,150 Crores at a price band of ₹382 - ₹402 per share.
What is the Lenskart Solutions IPO price band?
The price band is ₹382 - ₹402 per equity share, against a face value of ₹2 . Retail investors may bid at cut-off, meaning they accept the final discovered price within this band.
What is the Lenskart Solutions IPO issue size?
The total issue size is ₹2,150 Crores.
How is Lenskart Solutions IPO reserved between investor categories?
The issue is reserved as retail 10%, QIB 75, HNI 15. If the retail portion is oversubscribed, allotment there is decided by a lottery on lot-sized applications rather than in proportion to the amount applied for.
When is the Lenskart Solutions IPO allotment date?
Basis of allotment is expected to be finalised on 6 Nov 2025. You can check your status on the registrar's website (MUFG Intime India Pvt. Ltd.) using your PAN.
When does Lenskart Solutions IPO list?
Listing is expected on 10 Nov 2025, following the T+3 timeline that applies to Indian IPOs.
