Lenskart Solutions IPO closed on a robust note, with an overall subscription of 28.26 times on the final day of bidding, Monday. The ₹7,278-crore IPO received bids for over 281.88 crore shares against the 9.97 crore shares available for subscription.
The IPO was open from October 31 to November 4, and the share allotment status is expected to be finalised on Thursday, November 6.
Investor demand was strong across all categories: the retail portion was subscribed 7.54 times, the Non-Institutional Investors (NIIs) booked 18.23 times, and the Qualified Institutional Buyers (QIBs) subscribed a massive 40.35 times of their quota.
Following allotment, shares will be credited to investors’ Demat accounts on Friday, November 7, with refunds for unallotted investors processed the same day. The listing of Lenskart Solutions Ltd shares is scheduled on both the NSE and BSE for Monday, November 10.
Proceeds from the issue will be directed towards expanding Lenskart’s retail footprint, enhancing its technology infrastructure, and meeting marketing and general corporate expenses.
Applicants can also verify their allotment through the NSE website using their PAN and Application Number.
Also Read: Studds Accessories Listing Date Scheduled For Tomorrow, November 7, 2025
Founded in 2010, Lenskart has grown into India’s leading omnichannel eyewear retailer, combining a strong digital platform with an expanding physical presence. The company currently operates 2,137 stores across India and 669 international outlets, underscoring its growing global footprint.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Nov 6, 2025, 9:25 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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