Lenskart Solutions Ltd. IPO
Lenskart Solutions Ltd. IPO Get ready for a significant development in the world of eyewear and e-commerce! Lenskart Solutions is preparing to launch its Initial Public Offering (IPO), presenting a substantial opportunity for investors. This book-built issue aims to raise a considerable ₹7,278.02 crores, signaling the company's ambitious growth plans.
The offering is structured as a combination of fresh equity and an offer for existing shareholders to sell a portion of their holdings. Specifically, Lenskart plans to issue 5.35 crore new shares, raising ₹2,150.00 crores in fresh capital. Alongside this, 12.76 crore shares will be offered for sale, amounting to ₹5,128.02 crores. This structure allows the company to both raise funds for its own expansion and provide an exit opportunity for some early investors.
Keen to participate? The IPO window is scheduled to open on October 31st, 2025, and will remain open until November 4th, 2025. Following the closure of the subscription period, the allotment of shares is anticipated to be finalized around November 6th, 2025. The subsequent listing on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) is provisionally set for November 10th, 2025. These dates are, of course, subject to change based on regulatory approvals and market conditions.
For those looking to invest, the price band has been fixed between ₹382.00 and ₹402.00 per share. The minimum lot size for an application is 37 shares, translating to a minimum investment of ₹14,874 for retail investors (calculated at the upper end of the price band). For those investing under the small Non-Institutional Investor (sNII) category, the lot size investment is 14 lots (518 shares), requiring an investment of ₹2,08,236. Larger Non-Institutional Investors (bNII) will need to apply for a minimum of 68 lots (2,516 shares), amounting to ₹10,11,432.
While the book-running lead manager is yet to be officially announced, MUFG Intime India Pvt. Ltd. has been appointed as the registrar for the issue, responsible for managing the share allocation process. Keep an eye out for further announcements regarding the lead manager, as they will play a crucial role in guiding the IPO process. This IPO marks a significant milestone for Lenskart, reflecting its growth trajectory and potential within the dynamic eyewear and e-commerce landscape.
