Lenskart Solutions Ltd.
Lenskart Solutions Limited filed its Red Herring Prospectus (DRHP) with SEBI on October 25, 2025, to raise funds through an Initial Public Offer (IPO). The IPO will be a Book Build Issue, consistin ...
The equity shares of Lenskart Solutions Limited are proposed to be listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). MUFG Intime India Private Limited has been appointed as the registrar of the issue.
The IPO opens for subscription on October 31, 2025, and will close on November 4, 2025.
The basis of allotment is expected to be finalised on November 6, 2025, and the shares are likely to be listed on NSE SME on November 10, 2025. The price band for the issue is set between ₹382 and ₹402 per share, offering investors an entry at different levels.
The minimum application size is 37 shares, making the minimum investment for retail investors ₹14,874 at the upper band. For HNI investors, the minimum lot size is 14 lots, equivalent to 518 shares, amounting to ₹2,08,236.
Read moreIPO Timeline
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30 Oct 2025Bidding Starts
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04 Nov 2025Bidding Ends
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06 Nov 2025Allotment Finalization
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07 Nov 2025Refund Date
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07 Nov 2025Demat Date
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10 Nov 2025Listing Date
Lenskart Solutions Ltd. Financial Result in crore
| Year | Asset | Revenue | Profit |
|---|---|---|---|
| 31 Mar 2023 | 9,528.28 Cr | 3,927.97 Cr | -63.76 Cr |
| 31 Mar 2024 | 9,531.02 Cr | 5,609.87 Cr | -10.15 Cr |
| 31 Mar 2025 | 10,471.02 Cr | 7,009.28 Cr | 297.34 Cr |
| 31 June 2025 | 10,845.68 Cr | 1,946.10 Cr | 61.17 Cr |
About Lenskart Solutions Ltd.
About Lenskart Solutions Limited
Lenskart Solutions Limited is a technology-driven eyewear company focused on making quality and affordable eyewear accessible to all. The
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India remains the largest market, where the company is recognised as the biggest seller of prescription eyeglasses by volume in FY 2025, according to the Redseer Report.
Lenskart Solutions Limited has also expanded internationally to markets including Japan, Southeast Asia, and the Middle East. With 2,723 stores worldwide, of which 2,067 are in India and 656 overseas, the company has built a strong omnichannel presence through retail stores, websites, and mobile applications, which have surpassed 100 million cumulative downloads.
A key strength lies in its centralised and technology-enabled supply chain. Facilities in Bhiwadi, Rajasthan, and Gurugram, Haryana, supported by regional hubs in Singapore and the UAE, allow efficient production and timely delivery. This integration has also positioned its Bhiwadi unit among the top two globally in terms of manufacturing capacity for prescription eyeglasses.
The company reported revenues of ₹66,525.17 million in FY 2025, reflecting consistent growth across both Indian and international operations. Beyond sales, it conducted over 16 million eye tests in FY 2025, making it one of the leading providers of vision services globally.
By combining technology, affordability, and design innovation, Lenskart Solutions Limited has established itself as India’s most trusted eyewear brand and a rising global player in the organised eyewear industry.
Strengths and Opportunities of Lenskart Solutions Limited
- Centralised supply chain ensures 75.37% inventory efficiency, driving accessibility and affordability.
- Robotic lens edging manufactures 27 prescription eyeglasses per minute with precision.
- Next-day delivery across 40 Indian cities makes Lenskart a logistics leader.
- Wide product range with 79,000 SKUs and 105 yearly collections.
- Expansive presence with 2,067 stores in India and 656 abroad.
- Strong brand reach with 29.52 million store visits in FY2025.
- Multi-brand portfolio of Lenskart, Owndays and 22 curated sub-brands.
- Large technology team of 532 members boosts AI-driven operational efficiency.
Risks and Threats of Lenskart Solutions Limited
- Raw materials cost ₹16,229.74 million, 24.52% of total FY2025 expenses.
- Heavy dependence on China suppliers and Baofeng JV exposes to disruptions, tariffs.
- Breakdowns, strikes, or cyberattacks at factories may halt production and deliveries.
- Gurugram industrial cluster reliance increases concentration risks for manufacturing and logistics operations.
- Non-compliance with environmental, health, safety laws may attract penalties and shutdowns.
- Telangana greenfield facility worth ₹15,000 million faces approval, construction, funding delays.
- Global operations across 14 countries exposes the company to currency and regulatory risks.
- Ongoing FEMA investigation by Enforcement Directorate could harm reputation, operations, and finances.
Lenskart Solutions IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- Capital expenditure for setting up new Company-Owned Company-Operated (CoCo) stores across India.
- Payments related to lease, rent, and license agreements for CoCo stores in India.
- Investment in technology and cloud infrastructure to strengthen digital operations.
- Brand marketing and promotional activities to boost awareness and reach.
- Inorganic acquisitions, along with meeting general corporate requirements.
Lenskart Solutions IPO Promoter Holding
The promoters of the company include Peyush Bansal, Neha Bansal, Amit Chaudhary and Sumeet Kapahi.
Share Holding Pre-Issue 19.85%
Share Holding Post Issue 17.52%
Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.
FAQs
What is the Lenskart Solutions IPO?
Lenskart Solutions IPO is a main-board IPO of 18,10,45,160 equity shares of the face value of ₹2 aggregating up to ₹7,278.02 Crores. The issue is priced at . The minimum order quantity is 37. The IPO opens on October 31, 2025, and closes on November 4
When Lenskart Solutions IPO will open?
The Lenskart Solutions IPO opens on October 31, 2025 and closes on November 4, 2025.
What is the lot size of Lenskart Solutions IPO?
Lenskart Solutions IPO lot size is 37, and the minimum amount required for application is ₹14,874.
When is Lenskart Solutions IPO listing date ?
The Lenskart Solutions IPO listing date is not yet announced. The tentative date of Lenskart Solutions IPO listing is Monday, November 10, 2025.
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