LENSKART SOLUTIONS LIMITED
₹ 382 - ₹ 402
31-Oct-2025 - 04-Nov-2025
₹ 14874.00

/ 37 Shares

LENSKART SOLUTIONS LIMITED

31-Oct-2025 - 04-Nov-2025

₹ 382 - ₹ 402

Price Band

₹ 14874.00

Minimum Investment

37

Bid Lot

180,672,025

Shares

  • Face Value - ₹ 2/- Per Share

  • Listing at BSE, NSE

  • 488,302 Application Required in Retail for 1 Time.

  • Registrar : Link Intime India Private Ltd

IPO Details

Category % Shares/Amount
QIB 75% 135,504,020 Shares RS.5447.26 CR
HNI 1 5% 9,033,601 Shares RS.363.15 CR @ 17439 FORM 1X
HNI 2 10% 18,067,202 Shares RS.726.30 CR @ 34879 FORM 1X
Retail 10% 18,067,202 Shares 726.30 CR @ 488303 FORM 1X
Employee 0% 391,644 Shares RS.15.00 CR

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
488303 FORM 1X 17439 FORM 1X 34879 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 37 ₹ 14,874
Retail (Upto 2 Lakh) 13 481 ₹ 193,362
S-HNI (2 Lakh to 10 Lakh) 14 518 ₹ 208,236
S-HNI (2 Lakh to 10 Lakh) 67 2479 ₹ 996,558
B-HNI (Above 10 Lakh) 68 2516 ₹ 1,011,432

IPO Timeline

  • Open Date

    31-Oct-2025

  • Close Date

    04-Nov-2025

  • Basis of Allotment Date

    06-Nov-2025

  • Initiation of Refunds

    07-Nov-2025

  • Credit Shares to Demat A/c

    07-Nov-2025

  • IPO Listing Date

    10-Nov-2025

About Company

Lenskart Solutions Ltd., established in 2008, is a technology-focused eyewear company involved in the design, manufacturing, branding, and retail of prescription eyeglasses, sunglasses, contact lenses, and accessories. India serves as its primary market, and as per the Redseer Report, the company recorded the highest volume of prescription eyeglasses sold in India during FY 2025.

Operating under a direct-to-consumer model, the company offers a broad range of eyewear under its own brands and sub-brands, catering to all age groups and price segments. In FY 2025, 105 new collections were launched, including collaborations with well-known brands and personalities.

As of March 31, 2025, Lenskart operated 2,723 stores globally—2,067 in India and 656 overseas—with 1,757 owned and 310 franchised stores in India. Remote eye testing is offered through 136 optometrists at 168 stores across India and select international locations, including Japan and Thailand.

Manufacturing is centralized in Bhiwadi and Gurugram, supported by regional facilities in Singapore and the UAE. This setup enables next-day delivery in 40 Indian cities and 3-day delivery in 69 cities for single-vision prescription eyewear.

The company posted revenues of ?37,880.28 million, ?54,277.03 million, and ?66,525.17 million in FY 2023, 2024, and 2025 respectively, showing consistent year-on-year growth. Its apps have over 100 million cumulative downloads, with a tech team of 532 members.

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Strengths

  • Centralized supply chain and in-house manufacturing
  • In-house frame and lens engineering
  • Direct-to-consumer approach
  • Customer-centric product design
  • Owned eyewear brand portfolio
  • Technology-led operations and retail experience
  • Omnichannel retail presence
  • Multi-year revenue and EBITDA growth trajectory

Company Promoters

Company Financials

Period Ended 30 Jun 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 10,845.68 10,471.02 9,531.02 9,528.28
Total Income 1,946.10 7,009.28 5,609.87 3,927.97
Profit After Tax 61.17 297.34 -10.15 -63.76
EBITDA 336.63 971.06 672.09 259.71
NET Worth 6,176.87 6,108.30 5,642.38 5,444.48
Reserves and Surplus 5,855.43 5,795.00 5,466.50 5,411.96
Total Borrowing 335.48 345.94 497.15 917.21
Amount in ? Crore

Objects of the Issue

The Company Lenskart Solutions IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

S.No. Objects of the Issue Expected Amount (? in crores)
1 Capital expenditure towards set-up of new CoCo stores in India 272.62
2 Expenditure for lease/rent/license agreements related payments for our CoCo stores operated by the Company, in India 591.44
3 Investing in technology and cloud infrastructure 213.38
4 Brand marketing and business promotion expenses for enhancing brand awareness 320.06
5 Unidentified inorganic acquisitions and general corporate purposes

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to InvestoYard.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with InvestoYard, in just a few clicks your application is processed. You can bid for any IPO through InvestoYard, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on InvestoYard’s IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

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