Lenskart Solutions Ltd (LSL) is gearing up to launch its Initial Public Offering (IPO) for subscription from October 31 to November 4, 2025. The allotment is anticipated on November 6, and there is a tentative listing date of November 10, 2025, on both the BSE and NSE.
The IPO price range is set at Rs 382 to Rs 402 per share, with a minimum investment of Rs 14,874 for retail investors (for one lot consisting of 37 shares). Small non-institutional investors (sNIIs) need to invest a minimum of Rs 2,08,236 (equivalent to 518 shares), while big non-institutional investors (bNIIs) are required to invest Rs 10,11,432 (equivalent to 2,516 shares).
As of October 30, 2025, the grey market premium (GMP) for the Lenskart Solutions IPO was reported at Rs 63. Based on this, the anticipated listing price could be approximately Rs 465 per share, which suggests a potential gain of around 15.6%.
Founded in 2010, Lenskart has emerged as one of India’s most prominent eyewear brands, recognized for its fashionable designs, extensive online presence, and robust retail footprint. The company follows a direct-to-consumer (D2C) model, eliminating intermediaries to offer high-quality eyewear at competitive prices.
According to Asit C Mehta Investment Intermediates Limited (ACMIIL Research), Lenskart was honored as India’s Most Trusted Eyewear Brand of 2025 by TRA Research. The company’s streamlined prescription eyeglasses supply chain and production capabilities enable efficient operations and swift response to customer demands.
ACMIIL emphasized that Lenskart’s strategy of providing accessibility to quality eyewear at affordable prices aligns with its positioning of eyewear as a ‘fast fashion’ category. Additionally, the company’s direct-to-consumer approach streamlines the traditional eyeglasses supply chain, enabling cost-effective product delivery and next-day service to customers.
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