Lenskart Solutions Ipo Sees Full Retail Subscription On Day One

Ipo Performance Snapshot  
Lenskart Solutions Ltd kicked off its ₹7,278 crore initial public offering on October 31, 2025, with a price band of ₹382–₹402 per share. According to exchange data, the retail investor portion was fully subscribed within the first day of bidding, reflecting robust interest in the omni-channel eyewear retailer.

The IPO comprises a fresh issue of ₹2,150 crore and an offer-for-sale of 12.76 crore shares worth ₹5,128 crore. Lenskart raised ₹3,268 crore from 147 anchor investors ahead of the public offering, including SBI Mutual Fund, HDFC Mutual Fund, Goldman Sachs, and the Government of Singapore.

Major Takeaways  

• Retail portion of Lenskart IPO fully subscribed on Day 1  
• Total IPO size: ₹7,278 crore; price band: ₹382–₹402 per share  
• Fresh issue: ₹2,150 crore; OFS: ₹5,128 crore  
• Anchor investors include SBI MF, HDFC MF, Goldman Sachs, and Singapore’s sovereign funds  
• IPO subscription window: October 31 to November 4; listing expected on November 10

Notable Updates 

• Grey market premium (GMP) fluctuated around ₹63, indicating strong investor sentiment  
• Lenskart aims to use proceeds for expansion and debt repayment  
• The company’s omni-channel model and global footprint have attracted institutional interest  
• Allotment finalization expected by November 6

Sources: The Hindu Business Line, Fortune India, Financial Express, Chittorgarh