Kolkata: Bidding for the Lenskart IPO opens today. On October 30, the company informed the exchanges of a storm of anchor investment, when bids of Rs 68,000 crore were recorded. As many as 70 investors took part in the bid. The list included names such as the Government of Singapore, Monetary Authority of Singapore, T Rowe Price, BlackRock, Fidelity, Nomura, Goldman Sachs, SBI Mutual Fund, ICICI Prudential MF, HDFC MF, Kotak MF and Aditya Birla Sun Life MF. Foreign institutions accounted for 52% of the anchor round of investments.
Lenskart garnered a total of Rs 3,268 crore from the anchor round. While the total anchor bids were almost 10 times the issue size, the anchor round mobilised as much 45% of the Rs 7,278 crore intends to raise. The public offer comprises a fresh issue of shares aggregating to Rs 2,150 crore and an offer for sale of Rs 12.75 crore shares by promoters/investors.
Lenskart IPO GMP
The Lenskart Solutions IPO GMP stood at Rs 70 on the morning of October 31, the first day of the bidding process. At this level it indicates a listing gain of 17.41%, considering the upper end of the price band of Rs 402. The Grey Market Premium jumped from Rs 48, where it was recorded by investorgain on October 29. The highest GMP was Rs 108 on October 27. However, it must be kept in mind that GMP is an unofficial indicator that changes with time and does not guarantee listing gain (or loss).
Lenskart IPO lot size
The price band for the Lenskart IPO has been set at Rs 382-402 and a retail investor can bid for a minimum of 37 shares. For this lot, it has to cough p an application amount of Rs 14,874. The sNII investors have to apply for a minimum lot of 518 shares. On the other hand, bNII investors have to apply for a minimum of 2,516 shares.
Lenskart IPO important dates
The significant dates of the public issue are the following:
IPO Open: Oct 31-Nov 4, 2025
Allotment: Nov 6
Initiation of Refund: Nov 7
Credit of shares to demat: Nov 7
Listing: Nov 10
Cut-off time for UPI mandate confirmation: 5 pm on Nov 4
Lenskart Solutions was established in 2008. It has acquired a name as a technology-driven eyewear company that designs, manufactures, brands and retails eyewear, sunglasses, contact lenses and accessories. Its main market is in India. It operates on a direct-to-consumer (D2C) model and in FY25, Lenskart launched as many as 105 new collections.
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