Eyewear brand Lenskart Solutions Limited is all set to launch its much-awaited Initial Public Offering (IPO) this week.
Led by CEO and co-founder Peyush Bansal and backed by major investors, this IPO is among the most anticipated in 2025.
Here’s a quick look at all the key details — from dates and price band to listing and grey market trends.
IPO Dates: When Can You Apply?
The Lenskart IPO will open for public subscription on Friday, October 31, 2025, and close on Tuesday, November 4, 2025.
The company plans to finalise share allotments by November 6, and the stock is expected to be listed on both the BSE and NSE on November 10, 2025.
Price Band and Issue Size
Lenskart has set its price band between ₹382 and ₹402 per share.
At the higher end, the company is valued at nearly $7.9 billion (around ₹72,700 crore).
The IPO includes a fresh issue worth ₹2,150 crore, along with an offer-for-sale (OFS) of over 12.75 crore equity shares, where existing investors and promoters will sell part of their holdings.
Grey Market Buzz: Premium Indicates Strong Demand
As per market reports, Lenskart’s unlisted shares are trading at around ₹479 each in the grey market, which is about 19% higher than the IPO’s upper price limit.
This grey market premium (GMP) suggests that the IPO could see strong listing gains.
However, GMP values are not official — they fluctuate based on investor sentiment before the listing.
Who’s Selling in the OFS?
Several big names are participating in the offer-for-sale, including SoftBank’s SVF II Lightbulb (Cayman), Schroders Capital, PI Opportunities Fund, MacRitchie Investments, Kedaara Capital Fund, and Alpha Wave Ventures.
Among them, Schroders Capital Private Equity Asia (Mauritius) will fully exit its investment by selling 1.9 crore shares, representing a 1.13% stake in Lenskart.
About the Company
Founded in 2010, Lenskart started as an online eyewear retailer and has now evolved into one of India’s top omnichannel eyewear brands, with both a strong online presence and physical stores nationwide.
In June 2025, it became a public limited company, changing its name from Lenskart Solutions Private Limited to Lenskart Solutions Limited.
According to Tracxn data (via Reuters), it was valued at $6.1 billion as of September 2025.
What Will the Funds Be Used For?
The company plans to use the fresh issue proceeds for business expansion, acquisitions, new investments, and other corporate purposes.
The IPO will be managed by a group of leading investment bankers and coordinators.
With a strong brand, loyal customer base, and solid investor backing, the Lenskart IPO is expected to draw huge attention from retail and institutional investors alike.
