Lenskart Solutions IPO Details
Lenskart Solutions Ltd. has received SEBI approval for its much-awaited Initial Public Offer (IPO) on October 3, 2025. With this clearance, the company will now move ahead with the next steps to launch the issue, subject to market conditions and other statutory approvals. The SEBI approval will remain valid for 12 months.
The proposed Lenskart Solutions IPO will be a Book-Built Issue comprising a fresh issue of Rs. 2,150 crore and an Offer for Sale (OFS) of up to 13.23 crore equity shares by existing shareholders.
The equity shares are proposed to be listed on both NSE and BSE. The Book Running Lead Manager (BRLM) is yet to be announced, while MUFG Intime India Pvt. Ltd. will act as the Registrar to the issue.
Key details such as the IPO opening and closing dates, price band, and lot size will be declared in due course.
🕗 Last Update: 16 October 2025, 6.00 AM
IPO Key Dates
| IPO Opens on | Oct, 2025 |
| IPO Closes on | Oct, 2025 |
| Allotment on | Oct, 2025 |
| Initiation of Refunds | Oct, 2025 |
| Credit of Shares | Oct, 2025 |
| Listing Date | Oct, 2025 |
Subscription updates:
The promoters
Peyush Bansal, Neha Bansal, Amit Chaudhary and Sumeet Kapahi are the company promoters.
The promoters hold 19.97 % shares in the pre-IPO capital of the company.
Objects of IPO
The IPO consists fresh issue of capital and an offer for sale
| Objects of the Issue | Rs. in crores |
| Capital expenditure towards set-up of new CoCo stores in India | 272.62 |
| Expenditure for lease/rent/license agreements related payments for our CoCo stores operated by the Company, in India | 591.44 |
| Investing in technology and cloud infrastructure | 213.38 |
| Brand marketing and business promotion expenses for enhancing brand awareness | 320.06 |
| Unidentified inorganic acquisitions and general corporate purposes |
Business :
IPO Details
| Opens On | ? October 2025 |
| Closes on | ? October 2025 |
| Face Value | Rs.10 |
| Issue Price Band | Rs.? |
| Lot Size | ? Shares |
| Sale Type | Offer for Sale |
| Total Issue Size | ? shares |
| Total Issue Size | Rs. 3000 Cr |
| Employee Discount | Rs. 0 |
| Shareholder Discount | Rs. 0 |
| Listing At | BSE, NSE |
How are the shares offered?
| Investor Category | Shares Offered |
| QIB Shares Offered | Not less than 50% of the Net Offer |
| Retail Shares Offered | Not more than 35% of the Net Offer |
| NII Shares Offered | Not more than 15% of the Net Offer |
How Shares can be applid?
| Application | Lots | Shares | Amount Rs. |
| Retail (Min) | |||
| Retail (Max) | |||
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) |
How to check Allotment Status
Allotment of this IPO will be announced on ? October 2025 and the link to check allotment is given below:
https://linkintime.co.in/Initial_Offer/public-issues.html
| Registered Office of the company Lenskart Solutions Ltd. Plot No. 151, Okhla Industrial Estate Phase III Delhi, New Delhi, 110020 Email: compliance.officer@lenskart.co |
|
| The Lead Managers Kotak Mahindra Capital Co.Ltd. Morgan Stanley India Co.Pvt.Ltd. Avendus Capital Pvt.Ltd. Citigroup Global Markets India Pvt.Ltd. Axis Capital Ltd. Intensive Fiscal Services Pvt.Ltd. |
|
| Registrar to IPO | |
| Mufg Intime India Pvt ltd |
Financial Snapshot
| Period Ended | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
| Assets | 10,471.02 | 9,531.02 | 9,528.28 |
| Total Income | 7,009.28 | 5,609.87 | 3,927.97 |
| Profit After Tax | 297.34 | -10.15 | -63.76 |
| EBITDA | 971.06 | 672.09 | 259.71 |
| Net Worth | 6,108.30 | 5,642.38 | 5,444.48 |
| Total Borrowing | 345.94 | 497.15 | 917.21 |
| Amount in Rs. Crore | |||
Key Performance Indicators
| KPI | Values |
| ROCE | 13.84% |
| RoNW | 4.84 |
| EBITDA Margin | 14.60% |
Peer Comparison
IPO Concise Review by Paresh Gordhandas, CA & Research Analyst
Chanakya has strong following because of its IPO reviews. We shall update our review for this IPO, once the price band and latest results are available.
Lenskart Solutions IPO dates
Lenskart Solutions IPO price & Lot
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