Lenskart Solutions IPO Date, Price, GMP, Review (2025)

Lenskart Solutions IPO details

If you’ve been following India’s IPO season, you’ve probably heard the buzz around Lenskart Solutions Limited’s IPO. It’s not just another market listing — it’s one of India’s most recognizable consumer brands stepping into the stock market spotlight.

In our article, we will take you through all the important aspects of the Lenskart Solutions IPO including IPO date, price band, and Lenskart IPO GMP (Grey Market Premium) to financials, strengths, risks, and expert reviews.

We will make it easy, easy to read, and loaded with practical advice so that you can determine whether or not this IPO should be added to your portfolio.

Disclaimer

This article by Firstock - (Trading app) shares details on the Lenskart Solutions IPO for informational purposes only. It is not investment advice. Please do your own research before investing.

Overview of Lenskart Solutions

Lenskart Solutions Ltd is an Indian-based omni-channel eyewear brand - which sells eyeglasses, sunglasses and contact lenses online as well as offline through its retail network.

Lenskart, the eyewear company founded by Peyush Bansal, transformed the process of eyewear purchase in India by combining technology, affordability and convenience. The company already has more than 2,500 retail outlets and a thriving online presence that reach many markets in India and Singapore among others.

Simply put, Lenskart is to eyewear what Apple is to devices - high-end but affordable, featuring a combination of style, technology and consumer confidence.

Why Investors Are Excited About This IPO

Investors are eagerly eyeing the Lenskart IPO for several reasons:

• Strong consumer brand – Lenskart is a household name in urban India.
• Proven omni-channel model – Successful blend of online + offline presence.
• Profit turnaround – Shifted from losses to consistent profits in FY25.
• Sectoral growth – India’s eyewear industry is projected to grow rapidly due to increased screen time and rising eye-care awareness.
• IPO momentum – 2025 has seen strong investor interest in large, consumer-facing IPOs.

Think of it like the Apple of eyewear entering the stock market — everyone wants a piece of the vision!

Lenskart Solutions IPO Date & Schedule

Here are the exact dates and milestones for the IPO:

So if you’re planning to apply, mark your calendar for October 31st to November 4th — that’s your window to subscribe.

IPO Price Band and Issue Details

Here’s what the Red Herring Prospectus and brokerage platforms reveal:

Interpretation: This is a large-cap IPO with both a fresh issue and OFS component, allowing investors to participate in both company expansion and partial promoter exit.

Lenskart Solutions IPO GMP (Grey Market Premium)

The Lenskart Solutions IPO GMP — or Grey Market Premium — indicates how much the IPO shares are trading above their issue price in unofficial markets.

What it means:

• A moderate Lenskart Solutions IPO GMP suggests investors are expecting a 12–19% listing gain.
• However, GMP is not an official indicator; it only reflects market sentiment.

Think of GMP like the “movie trailer buzz” before release — it gives a vibe, but not the whole story.

Financial Performance and Profitability

Lenskart’s recent financials show a significant turnaround.

Highlights:

• Revenue grew consistently year-over-year.
• Turned profitable after FY25, indicating a sustainable business model.
• Improved EBITDA margin signals operational efficiency.

Key Strengths and Growth Drivers

 ✅ 1. Strong Brand Identity – Lenskart dominates India’s eyewear market with strong recall and trust.

✅ 2. Omni-channel Distribution – Seamless online-offline integration gives them an edge.

✅ 3. Profitability Turnaround – Recent quarters show strong financial recovery.

✅ 4. Market Expansion – Aggressive expansion in Tier-II & Tier-III cities and global markets.

✅ 5. Technological Edge – AI-powered lens fitting and customer customization enhance retention.

In simple terms, Lenskart isn’t just selling glasses; it’s building a vision ecosystem.

Risks and Challenges to Consider

 ⚠️ 1. High Valuation: At the upper band, valuations appear stretched (~10x sales multiple).

⚠️ 2. Competitive Market: Faces rivals like Titan Eye+ and international brands.

⚠️ 3. Execution Risk: Managing supply chain, expansion, and global operations requires precision.

⚠️ 4. Fluctuating GMP: GMP dropped from 27% to 12%, showing cooling investor sentiment.

⚠️ 5. Dependence on Imports: Some materials are imported, exposing it to forex fluctuations.

Even the best ships need steady winds — investors should balance optimism with caution.

Valuation Analysis

At ₹402 per share:

• Revenue multiple (EV/Sales): ~10x
• EV/EBITDA: ~68x

These are high compared to traditional retail peers. Essentially, investors are paying a premium for brand strength and future growth.

If Lenskart continues to grow at its current pace, the valuation might justify itself. But for short-term traders, it could feel pricey.

Expert Review & Subscription Recommendation

Analyst consensus (as per leading brokerages):

• Kotak Securities: Subscribe for Long-Term
• Chola Securities: Positive outlook due to profitability and market dominance
• JM Financial: Reasonable for growth investors, but valuation-rich

Summary Table – Key IPO Details

Conclusion

One of the most expected IPOs in 2025 is the Lenskart Solutions. It has a solid brand, attractive growth rate, and giant market size to be a long-term winner.

But investors should remember the high valuation and average Lenskart IPO GMP which points towards realistic, as opposed to euphoric expectations.

This IPO would be worth considering in your portfolio in case you believe in the growing eyewear market situation in India and have a certain degree of trust in the Lenskart brand. However, when you are trying to make a quick listing, be cautious.

Final Word:

The Lenskart Solutions IPO is like a new lens for investors — offering a clearer view of India’s evolving consumer retail sector. Whether you look through it for the short-term sparkle or long-term vision, make sure you know your focus before applying.

FAQs

1. What is the Lenskart Solutions IPO price band?

The price band for the Lenskart IPO is ₹382 to ₹402 per share.

2. What are the IPO dates?

The IPO opens on October 31, 2025, and closes on November 4, 2025.

3. What is the latest Lenskart Solutions IPO GMP ?

As of October 30, 2025, the Lenskart IPO GMP is in the range of ₹48 – ₹76, indicating ~12–19% listing premium.

4. What is the total issue size of the IPO?

The total issue size is ₹7,278 crore, including a fresh issue of ₹2,150 crore and an OFS of ₹5,128 crore.

5. Should I subscribe to the Lenskart IPO?

If you’re a long-term investor with belief in brand-led growth stories, yes. For short-term traders, returns may be modest.