Introduction
An eyewear retailer, Lenskart has set the price band for its Initial Public Offering (IPO) within the range of Rs. 382 to Rs. 402 per share, with a lot size of 37.
Lenskart IPO
On Friday, 31st October, 2025, Lenskart, an eyewear retailer, is all set to launch its Rs. 7,278 cr. IPO. The pathway offering possesses an unmarked insurance of 53.5 million equity shares aggregating to Rs. 2,150 cr. along with an offer for sale (OFS) of 127.6 million equity shares aggregating to Rs. 5,128.02 cr.
- For the qualified institutional buyers (QIB), the organization has set aside not fewer than 75% of the shares within the public issue.
- Not fewer than 15% for the non-institutional investors (NII).
- Not more than 10% of the offer is being reserved for the retail investors.
- However, a discount of Rs. 19 per equity share is being offered to the eligible staff.
List of shareholders
- Promoters selling shareholders: Sumeet Kapahi, Amit Chaudhary, Neha Bansal, and Peyush Bansal.
- Investors selling shareholders: Alpha Wave Ventures, Kedaara Capital Fund II, mACrITCHIE Investments, PI Opportunities Fund-II, Equity Asia Mauritius, Schroders Capital Private, and SVF II Lightbulb (Cayman).
Lenskart IPO price band and lot size
The organization has set the price band within the range of Rs. 382 to Rs. 402 per share, along with a lot size of 37. It is seen that a retail investor is entitled to a proposal for at least one lot of 37 shares as well as for various thereof.
Moreover, at the higher price band, a retail investor might need at least an investment of Rs. 14,874.
IPO key dates of Lenskart
- As per the RHP, on Tuesday, 4th November 2025, the three-day subscription window will be closed cautiously.
- On Thursday, 6th November, 2025, the foundation of the allocation of shares has a higher chance of being finalized.
- On Monday, 10th November, 2025, the shares of Lenskart will be listed on both the exchanges such as the BSE and the National Stock Exchange.
Lenskart, lead manager, registrar: MUFG Intime India is considered to be the registrar of the issue. While Intensive Fiscal Services, Axis Capital, Citigroup Global Markets, Avendus Capital, Morgan Stanley India Company, and Kotak Mahindra Capital Company are regarded as the book-running lead managers.
IPO objective of Lenskart
- As per RHP, Lenskart plans to use around Rs. 272.62 cr. from the net unmarked issue profits for the capital expenses for the set-up of novel CoCo stores within India.
- Approximately, Rs. 591.144 cr. for the expenses of contracts, rent, and lease associated payments, for CoCo stores are being executed by the organization within India.
- In addition, Rs. 213.38 cr. will be utilized for investing in cloud infrastructure along with technology.
- Moreover, Rs. 320.06 cr. within business promotion expenditures and brand marketing in order to improve brand awareness.
- The rest of the funds will be utilized for usual corporate purposes and unrecognized acquisitions.
Financial snapshot of Lenskart
Lenskart reported revenue for the quarter ended 30th June, 2025 from the executions of approximately Rs. 1,894.45 cr., up to 24.6% from Rs. 1,520.42 cr. within the year-ago period. Along with this, the tax stood at Rs. 61.17 cr. The organization’s revenue within the Q1FY26 against a loss of Rs. 10.9 cr. within the corresponding quarter of the past fiscal.
Furthermore, before the interest tax, it reported earnings, amortization, and depreciation along with tax of Rs. 971.05 cr. against Rs. 672.09 cr. within the past fiscal.
