Lenskart Solutions Ltd: Eyewear retail giant is finally going the Dalal Street way when its long-awaited Initial Public Offering (IPO) opens on October 31, 2025, and closes on November 4, 2025. The omni-channel eyewear brand that has its headquarters in Gurugram is planning to raise substantial capital under a fresh issue of around 2,150 crore as well as an Offer of Sale (OFS) component by existing shareholders, which will take the overall size of the issue to about 7,278 crore.
Price Band and Lot Size
The company has pegged the price band of between 382-402 per equity share with a face value of 2 per share. The IPO is going to be subscribed to by qualified institutional buyers (QIBs), non-institutional investors (NIIs), and retail investors.
Discount and Issue Size of the employees
Lenskart has also created a dedicated employee reservation section under the IPO in an attempt to reward its internal team and align them with its market goals. The qualified employees can avail their shares at a reduced discounted price of 363 to 383 per share as opposed to the ordinary investor price band.
This program will promote long-term involvement and make the employees more of the owners in the firm.
The structure of IPO and the use of funds
Lenskart intends to use the funds to achieve several strategic purposes out of the 2,150 crore it will raise in the fresh issue:
The ₹272.6 crore will be used in establishing new company-owned retail stores in India.
- The lease and rental costs of current outlets will take 591.4 crore.
- The amount to be spent on technology and cloud infrastructure upgrades is ₹213.3 crore.
- Brand marketing and expansion will be supported by 320 crore.
The Offer for Sale segment covers the sale of the shares of some of the early investors, with Lenskart giving them a partial exit opportunity.
Background and Development Projections of the Company
Lenskart is the top eyewear retailer in India and was established by Peyush Bansal in 2010 has developed into a powerful omni-channel company in the eyes of online and offline retailing. The company has over 2,500 stores in India and some of the global markets supported by global investors such as Temasek, KKR, and SoftBank.
The industry analysts think that the IPO will be a huge test of investor interest in consumer-technology brands in India. As the domestic eyewear market is expected to start expanding seriously within the upcoming 10 years, the combination of technology, low price, and convenience makes Lenskart one of the major actors in the sphere of retail innovation.
Valuation and Market Buzz
At the high end of the price range, the post-issue valuation should fall to around 70,000 crore (about 8 billion dollars) for Lenskart. The problem has already established a good interest in the grey market, showing a possibility of a premium listing.
Key Dates
- IPO Opens: October 31, 2025
- IPO Closes: November 4, 2025
- Allotment Date: November 6, 2025 (provisional)
- Listing Price: 14,000 to 18,000 (estimated on NSE and BSE)
Through its huge customer base, solid growth pattern, and a solid brand recall, Lenskart’s IPO is being viewed as one of the largest consumer-tech offers of the year. The fact that an employee quota is included at a discounted rate only serves to emphasise the company in its attempts to share its success with its employees, as it makes a new public step into a new chapter.
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