Lenskart Solutions Ltd (LSL) is all ,and it will close on November 4, 2025. The allotment is expected on November 6, with a tentative listing date of November 10, 2025, on both BSE and NSE.
IPO DETAILS
The IPO price band has been fixed between Rs 382 and Rs 402 per share, and the minimum investment for retail investors is Rs 14,874 for one lot (37 shares). For small non-institutional investors (sNIIs), the minimum investment is Rs 2,08,236 (518 shares), while big non-institutional investors (bNIIs) will need to invest Rs 10,11,432 (2,516 shares).
The grey market premium (GMP) for the Lenskart Solutions IPO stood at Rs 63 on October 30, 2025. Based on this, the estimated listing price could be around Rs 465 per share, translating to an expected gain of about 15.6%.
ABOUT THE COMPANY
Founded in 2010, Lenskart has become one of India’s most recognised eyewear brands, known for its trendy designs, online reach, and strong retail presence.
The company follows a direct-to-consumer (D2C) model, which cuts out middlemen, allowing it to offer high-quality eyewear at affordable prices.
SHOULD YOU SUBSCRIBE?
According to Asit C Mehta Investment Intermediates Limited (ACMIIL Research), “LSL was awarded India’s Most Trusted Eyewear Brand of 2025 by TRA Research. The company’s centralised prescription eyeglasses supply chain and manufacturing allow it to manage operations efficiently and meet customer demand quickly.”
It adds, “This approach drives the company’s core proposition of providing accessibility to quality eyewear at affordable prices, while positioning eyewear as a ‘fast fashion’ category.”
ACMIIL further noted, “The company will continue to expand and diversify the brand portfolio and product offerings to address evolving customer needs and enhance customer engagement.”