Lenskart Solutions, a leading omni-channel eyewear retailer, is going public via its IPO. The offer consists of both a fresh issue and an offer for sale by existing shareholders. The company is already in the news for its rapid growth, global presence and strong backing in the private equity space.
IPO Name
The IPO is from Lenskart Solutions Ltd.
Price Band and Lot Size
- The price band is set at ₹ 382 to ₹ 402 per share (face value ₹ 2).
- The lot size for retail investors is 37 shares.
- At the upper price band, one lot translates into approximately ₹ 14,874 investment.
IPO Date
The IPO opens for subscription on October 31, 2025 and closes on November 4, 2025. The allotment is expected on November 6 and listing on November 10.

Grey Market Premium (GMP) & Listing Price Outlook
The lenskart ipo gmp is around ₹ 75 per share above the upper price band, which implies a listing around ₹ 477 per share (i.e., roughly 18-19% premium over ₹ 402). While this is not a guarantee, it reflects market sentiment ahead of listing.
Corporate Events and Other Details
- The issue size is about ₹ 7,278 crore, comprising fresh issue of ₹ 2,150 crore and offer-for-sale of ₹ 5,128 crore.
- Promoters and early investors, including founder Peyush Bansal, are selling shares. The founder is expected to receive around ₹ 824 crore by selling 2 crore shares.
- Funds raised will be used to open new company-owned stores (CoCo model), pay leases/rent, invest in technology and for brand marketing.
Dividend, Bonus and Multibagger Potential
At present there is no public information that Lenskart has declared a dividend or issued bonus shares ahead of listing. Investors should watch for such announcements post-listing.
Regarding multibagger potential: Lenskart is positioned in a large, growing eyewear market and has turned profitable (FY25 net profit about ₹ 297 crore from revenue of ₹ 6,652 crore) which is a positive sign. However, IPO investors should keep in mind risks such as raw material import dependence and market volatility. While “multibagger” status might be possible over time, it is not guaranteed and involves risk.
Steps to Check IPO Allotment Status
Once the closing date is over and the basis of allotment date is reached (for Lenskart, November 6 2025), you can check if you have been allotted shares by following these steps:
- Visit the registrar’s website (MUFG Intime India Pvt Ltd).
- Select the company name (Lenskart Solutions Ltd) and enter your PAN, application number or DP/Client ID.
- Alternatively, you can go to the BSE website under ‘Investors → IPO Allotment Status’ and enter the required details.
- If shares are allotted, they will get credited to your demat account and the blocked funds will be released for unallotted cases.
Disclaimer
This article is for informational purposes only and should not be considered investment advice. Investing in IPOs involves risk, including market and company-specific risks. Please consult a qualified financial advisor before investing.
FAQs
Q1. How many shares must a retail investor apply for in the Lenskart IPO?
A1. One lot consists of 37 shares. You can apply in multiples of one lot.
Q2. What does GMP Today mean for the Lenskart IPO?
A2. GMP (Grey Market Premium) shows how much above the issue price the shares are trading in the unofficial market. For Lenskart the GMP is about ₹ 75, suggesting a possible listing around ₹ 477. This is only indicative, not guaranteed.
Q3. When will I know if I have been allotted shares in the Lenskart IPO?
A3. The basis of allotment is expected on November 6 2025. After that, you can check your allotment status online via the registrar or the exchange website.