Lenskart IPO: Date, Price Band, & Company Details
Lenskart Solutions, a leading global eyewear retailer, is launching its much-anticipated Initial Public Offering (IPO) on October 31, 2025. The public issue, which will close on November 4, 2025, aims to raise approximately Rs 7,278 crore through a combination of a fresh issue of shares and an Offer for Sale (OFS) by its promoters and existing investors.?
About Lenskart Solutions Ltd.
Founded in 2008 by Peyush Bansal, Lenskart has grown from an online eyewear seller to a full-fledged omnichannel retailer with a strong global presence. The company is known for its vertically integrated "direct-to-consumer" business model, which allows it to control the entire customer experience from manufacturing to retail.?
Key Business Highlights
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Omnichannel Presence: Lenskart operates through a network of online platforms and physical stores, offering a wide range of eyewear products.
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Strong Investor Backing: The company is backed by a host of prominent investors, including SoftBank, Temasek, Kedaara Capital, and Alpha Wave Ventures. Recently, it also received a pre-IPO investment of Rs 90 crore from billionaire investor Radhakishan Damani, the founder of DMart.?
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Market Position: Lenskart has established itself as a leading player in the eyewear market, with a focus on affordability, variety, and technological innovation.
Lenskart IPO Details (2025)
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IPO Open Date: October 31, 2025?
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IPO Close Date: November 4, 2025?
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Listing Date: November 10, 2025 (Tentative).?
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Price Band: Rs 382 – Rs 402 per share.?
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Issue Size: Rs 7,278 crore.?
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Fresh Issue: Rs 2,150 crore.?
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Offer for Sale (OFS): 12.75 crore shares.?
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Lot Size: 37 Shares.?
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Minimum Investment (Retail): Rs 14,874 at the upper price band.?
IPO Structure & Utilisation
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Offer for Sale: The OFS component will see promoters Peyush Bansal, Neha Bansal, Amit Chaudhary, and Sumeet Kapahi, along with other existing investors, offloading their shares.?
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Use of Proceeds: The funds raised from the fresh issue will be utilised for the company's expansion and growth plans:?
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Store Expansion: Rs 272.62 crore for setting up new company-owned stores.
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Store Operations: Rs 591.44 crore for lease and rental payments for existing stores.
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Technology and Infrastructure: Rs 213.38 crore for investments in technology and cloud infrastructure.
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Marketing and Branding: Rs 320.06 crore for brand promotion and marketing initiatives.
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Inorganic Growth: The remaining funds will be used for unidentified acquisitions and general corporate purposes.
Key Dates & Timeline
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Anchor Investor Bidding: October 30, 2025?
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IPO Opening: October 31, 2025?
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IPO Closing: November 4, 2025?
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Allotment Finalisation: November 6, 2025 (Tentative)?
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Listing on BSE & NSE: November 10, 2025 (Tentative)?
Frequently Asked Questions (FAQs) about Lenskart IPO
Q1: What are the key dates for the Lenskart IPO?
The IPO is open for subscription from October 31 to November 4, 2025. The tentative listing date is November 10, 2025.?
Q2: What is the price band for the Lenskart IPO?
The price band has been set at Rs 382 to Rs 402 per share.?
Q3: What will the funds raised be used for?
The proceeds from the fresh issue will be used for store expansion, technology upgrades, marketing, and potential acquisitions.?
Q4: Who are the book-running lead managers for the IPO?
The book-running lead managers for the issue have not been specified in the provided search results. MUFG Intime India Pvt. Ltd. is the registrar for the issue.