Lenskart Share Price Lists Below Issue Price on NSE

Lenskart IPO opened for subscription on Oct 31, 2025 and closed on Nov 4, 2025. 

Lenskart IPO is a book-built issue worth ₹7,278.76 crore, comprising a fresh issue of 5.35 crore shares totaling ₹2,150.74 crore and an offer for sale of 12.76 crore shares amounting to ₹5,128.02 crore.

Lenskart’s IPO was subscribed 28.27 times in total by the close of Day 3 on November 4, 2025, at 5:04:33 PM. The issue saw participation across investor categories, with the retail portion subscribed 7.56 times, the Qualified Institutional Buyers (QIBs) segment (excluding anchor investors) subscribed 40.36 times, and the Non-Institutional Investors (NII) category subscribed 18.23 times.

The share allotment was finalised on Nov 6, 2025, and the shares were listed on BSE and NSE on Monday, Nov 10, 2025.

Lenskart Share Price

On the listing day, on the NSE, Lenskart share price (NSE: LENSKART) opened at ₹395.00, down from its issue price of ₹402.00. At 10:15 AM, the share price was trading at ₹397.60, up by 0.66% from its open price and down by 1.17% from its issue price. As of the same time, the stock touched its day’s low at ₹356.10. The company’s market cap was ₹68,813.63 crore. 

On the BSE, at 10:15 AM, Lenskart share price was trading at ₹395.60, up by 1.44% from its opening price of ₹390.00 and 1.59% down from its issue price of ₹402.00.

About Lenskart Limited

Founded in 2008, Lenskart Solutions Ltd is a technology-driven eyewear company engaged in designing, manufacturing, branding, and retailing prescription glasses, sunglasses, contact lenses, and accessories. India remains its key market, and according to the Redseer Report, Lenskart recorded the highest volume of prescription eyeglasses sold in the country during FY2025.

Operating through a direct-to-consumer model, the company offers a diverse range of eyewear across multiple in-house brands and sub-brands, catering to various age groups and price categories. In FY2025, Lenskart introduced 105 new collections, featuring collaborations with leading brands and popular personalities.

As of March 31, 2025, the company had a network of 2,723 stores worldwide, including 2,067 in India and 656 overseas. Within India, 1,757 stores are company-owned while 310 operate under a franchise model. The company also provides remote eye testing services through 136 optometrists at 168 stores across India and select international markets such as Japan and Thailand.

Lenskart’s manufacturing operations are primarily based in Bhiwadi and Gurugram, complemented by regional facilities in Singapore and the UAE. This integrated setup allows the company to ensure quick turnaround times, next-day delivery in 40 Indian cities and three-day delivery in 69 cities for single-vision prescription eyewear.

Also Read: Jio Platforms May Be Valued Up to US$170 Billion Ahead of IPO!

Conclusion

Lenskart’s stock made a cautious debut, opening below its issue price of ₹402 on both NSE and BSE.

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