Lenskart Solutions IPO GMP has declined over 42 per cent in last three days to Rs 55 per share
Based on the current GMP, Lenskart Solutions shares are expected to list at Rs 457 apiece, a potential gain of 13.68 per cent
So far, as of 1 PM, the issue has been subscribed 6.24 times the shares on offer
Lenskart Solutions IPO GMP Continues To Decline On Final Day Of Subscription
Lenskart Solutions IPO GMP: The eyewear retailer’s grey market premium has dropped more than 42 per cent in the past three days, reflecting fading investor interest. Here’s a look at the Day 3 subscription numbers and the latest GMP
Summary
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The grey market premium (GMP) of Lenskart Solutions shares continued to decline on the final day of subscription, November 4, 2025, falling 42 per cent in the last three days. The public issue, which opened on October 31, will close today.
So far the issue has garnered decent subscription from investors, getting bids for 622.47 million shares against 99.76 million shares, as of 1 PM on the final day. This translates to 6.24 times subscription.
Lenskart Solutions IPO Subscription Status
The qualified institutional buyers (QIB) quota has been booked 5.50 times, the non-institutional investor (NII) category saw 8.38 times subscription, and retail investors booked the issue 5.30 times their quota.
Lenskart has reserved 75 per cent for the QIB category, 15 per cent for the NII category, and 10 per cent of the net issue for retail investors.
Lenskart Solutions IPO Details
Lenskart IPO Size: The eyewear retailer aims to raise up to Rs 7,278.02 crore through its IPO. The public issue includes a fresh issue of 5.35 crore shares worth Rs 2,150 crore and an offer for sale of 12.76 crore shares worth Rs 5,128.02 crore.
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Lenskart IPO Date: The issue will open for public subscription on October 31, 2025, and close on November 4, 2025.
Lenskart IPO Allotment Date: The allotment of shares is expected to be finalised on November 6, 2025.
Lenskart IPO Price Band: The IPO price band has been set at Rs 382 to Rs 402 per share.
Lenskart IPO Lot Size, Minimum Investment: The lot size for applications is 37 shares, and the minimum investment for retail investors is Rs 14,874, based on the upper price band.
Lenskart IPO BRLMs, Registrar: Kotak Mahindra Capital, Morgan Stanley India, Avendus Capital, Citigroup Global Markets India, Axis Capital, and Intensive Fiscal Services are the book running lead managers, and MUFG Intime India is the registrar to the issue.
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Lenskart Solutions IPO GMP Today
Lenskart Solutions IPO’s GMP quoted at Rs 55 per share, down from Rs 95 quoted on October 31, when the issue opened for subscription. This is a decline of 42 per cent.
Given the current GMP and the upper band of the issue price, Rs 402, Lenskart Solutions shares are expected to list at Rs 457 apiece, a potential gain of 13.68 per cent.
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