Lenskart IPO to Hit Dalal Street on Oct 31: Key Details, GMP and Investor Buzz

About the IPO-bound Lenskart

Eyewear retailer Lenskart, led by Peyush Bansal, is preparing for one of the most awaited IPOs of 2025. The company has officially announced that the Lenskart IPO will hit Dalal Street on October 31, marking its entry into the public market after years of steady growth and investor interest. The offering has caught attention across the market due to its scale and timing, coming amid a steady recovery in consumer-driven businesses.

IPO Details and Price Band

According to official updates, the total offer size is expected to be around ₹7,278 crore. The price band is likely to be in the range of ₹280–₹300 per share. Investors can apply for a minimum lot size of 50 shares. The issue will open on October 31 and close on November 4. Market watchers believe the strong brand recall of Lenskart and its omnichannel strategy make it a promising listing for long-term investors.

DMart’s Radhakishan Damani Joins the Game

One of the most talked-about developments is the investment by DMart’s Radhakishan Damani. Reports suggest that Damani has invested ₹90 crore in IPO-bound Lenskart through his investment arm, signaling strong market confidence. His backing adds credibility to Lenskart’s public market debut and is expected to attract more institutional participation.

GMP and Subscription Trends

In the grey market, the Lenskart IPO GMP (Grey Market Premium) is trending around ₹45–₹50 per share, reflecting positive sentiment. While GMPs often fluctuate, this early enthusiasm indicates that retail and HNI investors are closely watching the issue. Subscription levels are expected to remain strong across all categories, especially retail and QIB segments.

Dividend, Bonus, and Long-Term Prospects

Lenskart has not yet announced any dividend or bonus details linked to its IPO. However, market analysts view it as a potential multibagger stock in the making, given its market leadership, technology-driven supply chain, and expansion across international markets. The funds raised are expected to fuel its growth, store expansion, and product innovation in India and abroad.

Comparison with Gold Price Drop

Interestingly, the buzz around the Lenskart IPO comes at a time when gold prices in India have seen a slight dip. Investors are looking beyond traditional assets and shifting focus toward equity opportunities like IPOs. Analysts note that such diversification trends could push subscription numbers higher for Lenskart’s issue.

Issue Date and Listing Information

• IPO Open Date: October 31, 2025
• IPO Close Date: November 4, 2025
• Allotment Date: November 6, 2025
• Listing Date: November 11, 2025 (Expected)
• Face Value: ₹10 per share

Why Investors Are Watching Closely

With strong financial backing, consistent growth, and a proven retail model, Lenskart is drawing attention from both retail and institutional investors. The company’s entry into the public market is being seen as a vote of confidence in India’s consumer sector, much like DMart’s earlier success story.

Disclaimer

This article is for informational purposes only and does not constitute investment advice. Readers should consult a registered financial advisor before making any investment decisions related to the Lenskart IPO.

FAQs on Lenskart IPO

Q1. When will the Lenskart IPO open?

The Lenskart IPO will open for subscription on October 31, 2025 and close on November 4, 2025.

Q2. What is the Lenskart IPO price band?

The expected price band for the IPO is between ₹280 and ₹300 per share, with a minimum lot size of 50 shares.

Q3. Who invested in IPO-bound Lenskart recently?

DMart’s Radhakishan Damani invested ₹90 crore in Lenskart ahead of its IPO, increasing market confidence in the offering.

Q4. What is the GMP for the Lenskart IPO?

The Lenskart IPO Grey Market Premium (GMP) is currently around ₹45–₹50 per share, showing strong investor demand.

Q5. What is the total issue size of the IPO?

The total issue size of the Lenskart IPO is estimated at around ₹7,278 crore, as per recent updates.