LENSKART SOLUTIONS LIMITED

31 Oct 2025 - 04 Nov 2025 Individual Category Main Board BSE NSE

Min Investment

₹14874

Price Band

₹382-₹402

Issue Size

₹9.98 Cr

Lot Size

37 (per lot)

IPO Dates
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31 Oct 2025

Open Date

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04 Nov 2025

Close Date

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06 Nov 2025

Allotment Date

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10 Nov 2025

Listing Date

Know Before Investing

Strengths icon

  • India’s largest seller of prescription eyeglasses by volume in FY25.
  • Own brand portfolio with 105 in-house collections launched in FY25.
  • Strong omnichannel network with 2,723 stores and over 100 million app downloads.
  • Centralized and tech-enabled supply chain with quick delivery capabilities.
  • International presence across Asia, including Singapore, the UAE, and Japan.

Weaknesses icon

  • High dependence on India for revenue; limited international contribution so far.
  • Faces intense competition from online and offline eyewear players.
  • Incurred losses in FY23 and FY24; profitability depends on scaling.
  • Subject to risks related to rapid expansion and supply chain management.
  • Relies on continuous tech investment; any disruption may affect operations.

About Lenskart Solutions Limited

We are a technology-driven eyewear company with integrated operations spanning designing, manufacturing, branding and retailing of eyewear products. We primarily sell prescription eyeglasses, sunglasses, and other products such as contact lenses and eyewear accessories. India is our largest market, and according to the Redseer Report, we are the largest seller of prescription eyeglasses in terms of volumes sold in India in Financial Year 2025. Leveraging our experience and capabilities in India, we have expanded into select international markets including Japan, Southeast Asia and the Middle East. We are India’s largest, and in Asia, are amongst the two largest, organized retailers of prescription eyeglasses in terms of B2C eyeglasses sales volumes during the Financial Year 2025, according to the Redseer Report.

IPO Objectives

1. • Capital expenditure towards set-up of new CoCo stores in India;• Expenditure for lease/rent/license agreements related payments for our CoCo stores operated by our Company in India;• Investing in technology and cloud infrastructure;• Brand marketing and business promotion expenses for enhancing brand awareness; and• Unidentified inorganic acquisitions and general corporate purposes.

Company Promoters

Amit Chaudhary

Neha Bansal

Peyush Bansal

Sumeet Kapahi

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 40.35
Non-Institutional Buyers 18.23
Retail Investors 7.53
Total 66.11
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