IPO Details
Bidding Dates
To be announced
Minimum Investment
To be announced
Price Range
To be announced
Maximum Investment
To be announced
Retail Discount
To be announced
Issue Size
To be announced
Investor category and sub category
Retail Individual Investors (RII) | Non-institutional Investors (NII) | Qualified Institutional Buyers (QIB) |About Lenskart Solutions IPO
Lenskart Solutions Limited filed its Draft Red Herring Prospectus (DRHP) with SEBI on July 29, 2025, to raise funds through an Initial Public Offer (IPO). The IPO will be a Book Build Issue, consisting of a fresh issue worth ₹2,150.00 crore along with an offer for sale (OFS) of up to 13.23 crore equity shares.
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, while the book running lead manager is yet to be announced.
Key details such as the IPO price band, lot size, and the opening and closing dates of the issue are still awaited. These details will be finalised and declared ahead of the IPO launch.
Investors seeking further insights into the offering and related details can refer to the Draft Red Herring Prospectus filed by Lenskart Solutions Limited.
Industry Outlook
- The global eyewear market, valued at approximately ₹15,207 billion (US$ 177 billion) in FY 2025, is projected to grow steadily and reach around ₹18,657 billion (US$ 217 billion) by FY 2030, recording a CAGR of nearly 4%.
- India’s eyewear market is forecasted to expand at a much faster pace, with a CAGR of nearly 13%, increasing from around ₹788 billion (US$ 9.2 billion) in FY 2025 to approximately ₹1,483 billion (US$ 17.2 billion) by FY 2030.
- Prescription eyeglasses form the largest share of the eyewear segment, contributing about 70% of global market value and nearly 73% in India as of FY 2025, making it the most significant product category.
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.
About Lenskart Solutions Limited
Lenskart Solutions Limited is a technology-driven eyewear company focused on making quality and affordable eyewear accessible to all. The company operates an integrated model that spans designing, manufacturing, branding, and retailing of products such as prescription eyeglasses, sunglasses, contact lenses, and accessories. 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.
How To Check the Allotment Status of Lenskart Solutions IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
How To Apply for the Lenskart Solutions IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Lenskart Solutions IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
Contact Details of Lenskart Solutions IPO
Registered office: Plot No. 151, Okhla Industrial Estate, Phase III, New Delhi–110020, Delhi, India
Phone: +911244293191
E-mail:compliance.officer@lenskart.com
Lenskart Solutions IPO Reservation
|
Investor Category |
Shares Offered |
|
QIB Shares |
Not less than 75% of the Net Offer |
|
Retail Shares |
Not more than 10% of the Net Offer |
|
NII Shares |
Not more than 15% of the Offer |
Lenskart Solutions IPO Lot Size
Lenskart Solutions IPO, the exact lot size, the number of shares in each lot, and the minimum investment amount have not yet been officially announced. These details will be provided closer to the IPO opening date and will help investors know how much they need to invest at a minimum to participate in the IPO.
Lenskart Solutions IPO Promoter Holding
The promoters of the company include Peyush Bansal, Neha Bansal, Amit Chaudhary and Sumeet Kapahi.
|
Share Holding Pre-Issue |
19.97% |
|
Share Holding Post Issue |
- |
Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.
Key Performance Indicators for Lenskart Solutions IPO
|
KPI |
Value |
|
RoCE (%) |
13.84 |
|
RoNW (%) |
4.84 |
|
EBITDA Margin (%) |
14.60 |
Lenskart Solutions IPO Prospectus
Lenskart Solutions IPO Registrar and Lead Managers
Lenskart Solutions IPO Lead Managers
- Kotak Mahindra Capital Co.Ltd.
Registrar for Lenskart Solutions IPO
MUFG Intime India Private Limited
- Contact Number: +91-22-4918 6270
- Email Address: lenskart.ipo@in.mpms.mufg.com
Lenskart Solutions IPO Registrar
Financial Performance of Lenskart Solutions Limited
| Particulars | Year ending on March 31, 2025 | Year ending on March 31, 2024 | Year ending on March 31, 2023 |
|---|---|---|---|
| Revenue from Operation (in ₹ million) | 66,525.17 | 54,277.03 | 37,880.28 |
| Profit/ (loss) for the year (in ₹ million) | 2,973.40 | (101.54) | (637.57) |
| Earnings per Share (₹) | 1.76 | (0.11) | (0.43) |
| Net Worth (in ₹ million) | 61,082.99 | 56,423.78 | 54,444.79 |
| Return on Net Worth (%) | 4.84 | (0.31) | (1.25) |
| EBITDA (in ₹ million) | 9,710.56 | 6,720.91 | 2,597.09 |
| Total Borrowing (in ₹ million) | 3,459.39 | 4,971.54 | 9,172.08 |
Know before investing
Strengths
6-
Centralised supply chain ensures 75.37% inventory efficiency, driving accessibility and affordability.
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Robotic lens edging manufactures 27 prescription eyeglasses per minute with precision.
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Next-day delivery across 40 Indian cities makes Lenskart a logistics leader.
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Wide product range with 79,000 SKUs and 105 yearly collections.
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Expansive presence with 2,067 stores in India and 656 abroad.
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Strong brand reach with 29.52 million store visits in FY2025.
Risks
6-
Raw materials cost ₹16,229.74 million, 24.52% of total FY2025 expenses.
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Heavy dependence on China suppliers and Baofeng JV exposes to disruptions, tariffs.
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Breakdowns, strikes, or cyberattacks at factories may halt production and deliveries.
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Gurugram industrial cluster reliance increases concentration risks for manufacturing and logistics operations.
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Non-compliance with environmental, health, safety laws may attract penalties and shutdowns.
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Telangana greenfield facility worth ₹15,000 million faces approval, construction, funding delays.
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Lenskart Solutions IPO FAQs
Lenskart Solutions IPO is a book-built issue IPO. The opening and closing dates are yet to be announced.
The Basis of Allotment date is not announced yet.
The IPO subscription window is yet to be announced.
The minimum lot size retail investors can subscribe to is 1 lot, however the lot size is yet to be announced.
The listing date for Lenskart Solutions IPO is not announced yet.
The issue size of the Lenskart Solutions IPO is not announced yet.
The open and close dates for Lenskart Solutions IPO are not announced yet.
Listing gains cannot be ascertained before the listing of the IPO on the stock exchange.
- Multiple Submissions: Use different Demat accounts to make multiple applications.
- Higher Price Band Bidding: Opt for bidding at the cut-off price or higher price band.
- Timely Subscription: Ensure you subscribe to the IPO within the specified time frame.
You must complete the payment process by logging in to your UPI handle and approving the payment mandate.
MUFG Intime India Private Limited is the registrar responsible for managing the IPO allotment process and handling investor queries.
The Lenskart Solutions IPO is proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
