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Explore how Lenskart Solutions Ltd’s IPO performed on its opening day, including subscription details, investor response, price band, key dates, and step-by-step guidance on how to apply through ASBA or UPI.
Lenskart Solutions Ltd which is one of India’s leading omni-channel eyewear brand, opened its ₹7,278.02 crore IPO for subscription on October 31, 2025. Backed by strong brand recognition and robust retail expansion, the IPO has drawn attention from both institutional and retail investors.
The issue includes a fresh issue of ₹2,150 crore and an offer for sale (OFS) of ₹5,128.02 crore, with shares priced between ₹382 and ₹402 per share.
The Lenskart Solutions IPO opened with steady participation across investor categories, reflecting balanced interest from institutional and retail investors on the first day of bidding.
On its opening day, October 31, 2025, the Lenskart IPO witnessed steady participation across investor categories. The issue was subscribed 1.12 times overall, led by Qualified Institutional Buyers (QIBs) and strong retail demand.
| Investor Category | Subscription (Times) | Shares Offered | Shares Bid For |
|---|---|---|---|
Qualified Institutional Buyers (QIB) |
1.42× |
5,41,87,724 |
7,70,37,589 |
Non-Institutional Investors (NII) |
0.39× |
2,70,98,027 |
1,06,67,766 |
bNII (bids above ₹10L) |
0.28× |
1,80,65,352 |
51,28,570 |
sNII (bids below ₹10L) |
0.61× |
90,32,676 |
55,39,196 |
Retail Individual Investors (RII) |
1.29× |
1,80,65,352 |
2,33,85,046 |
Employee Category |
1.08× |
3,91,645 |
4,24,686 |
Total |
1.12× |
9,97,42,748 |
11,46,15,127 |
The QIB segment showed healthy participation on Day 1, while retail investors led the momentum with a 1.29× subscription, signaling strong confidence in the brand’s long-term growth story.
The price band for the IPO is set between ₹382 to ₹402 per share, with a face value of ₹2 per share.
Investors can bid for a minimum of 37 shares (1 lot) and in multiples thereof.
| Investor Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
Retail (Min) |
1 |
37 |
₹14,874 |
Retail (Max) |
13 |
481 |
₹1,93,362 |
S-HNI (Min) |
14 |
518 |
₹2,08,236 |
S-HNI (Max) |
67 |
2,479 |
₹9,96,558 |
B-HNI (Min) |
68 |
2,516 |
₹10,11,432 |
The minimum investment amount for retail investors is ₹14,874, while High Net-worth Individuals (HNIs) can invest starting at ₹2.08 lakh.
For detailed insights about the company, issue details, and updates, visit the Lenskart Solutions Ltd. IPO on Bajaj Markets.
The IPO timeline provides investors with a clear picture of key milestones, from bidding to listing:
| Event | Date | Details |
|---|---|---|
IPO Open Date |
October 31, 2025 |
IPO opens for subscription |
IPO Close Date |
November 4, 2025 |
Final day to apply |
Basis of Allotment |
November 6, 2025 |
Share allotment finalisation |
Initiation of Refunds |
November 7, 2025 |
Refunds begin for unallotted shares |
Credit of Shares to Demat |
November 7, 2025 |
Allotted shares credited to investors’ Demat accounts |
Listing Date (BSE, NSE) |
November 10, 2025 |
Lenskart Solutions Ltd shares to debut on BSE and NSE |
UPI Mandate Cut-Off Time |
5 PM, November 4, 2025 |
Last time to confirm UPI payment mandate |
Note: These dates represent procedural milestones based on publicly available data and are intended for informational purposes only.
through Net Banking or UPI via broker platforms. Both ensure a secure, paperless, and convenient application process.
Follow these simple steps to apply via your bank’s ASBA service:
Log in to your internet banking account.
Navigate to the ‘Investments’ or ‘IPO Application’ section.
Select ‘Lenskart Solutions IPO’ from the list of available issues.
Enter your bid details, including quantity (lots) and price.
Confirm and submit your application.
The bid amount will be blocked in your bank account until allotment.
Upon allotment, the required funds are debited, and the shares are credited to your Demat account.
You can also apply for the IPO through broker platforms or financial marketplaces using UPI.
Log in to your Demat account or trading account on your broker’s app or website.
Go to the IPO section and select ‘Lenskart Solutions IPO’.
Enter the number of lots and bid price.
Provide your UPI ID linked to your bank account.
Approve the payment request in your UPI app (BHIM, Google Pay, or PhonePe).
Once allotment is finalized, funds will be debited only if shares are allotted.
The allotted shares will be automatically credited to your Demat account.
Disclaimer
The information provided above is based on publicly available data from reliable financial news and market sources. Investors are advised to verify figures and consult financial experts before making investment decisions. Market conditions and subscription numbers are subject to change during the IPO window.
Sources
LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
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