Summary of this article
Lenskart founders are set to make up to 52x returns from the IPO.
The eyewear brand aims to raise Rs 7,278 crore through the public issue.
Shares may list around Rs 500, implying a 24.38 per cent premium over the issue price.
Lenskart IPO: As Lenskart Solutions prepares for its much-awaited initial public offering (IPO), founders Peyush Bansal, Neha Bansal, Amit Chaudhary, and Sumeet Kapahi are set to gain significant returns on their investments.
According to the red herring prospectus (RHP), Peyush Bansal will sell up to 2.05 crore shares, Neha Bansal about 10.1 lakh shares, and co-founders Amit Chaudhary and Sumeet Kapahi 28.7 lakh shares each.
At a weighted average acquisition cost of Rs 18.60 per share and the upper price band of Rs 402, Peyush Bansal is poised to earn 20.61 times his initial investment. His investment of Rs 38.11 crore will turn into Rs 785.44 crore.
Neha Bansal’s weighted average acquisition cost is Rs 7.60 apiece. She is set to gain 51.89 times her initial investment, which will turn her Rs 76.80 lakh into Rs 39.85 crore.
Similarly, fellow co-founders Amit Chaudhary and Sumeet Kapahi, who acquired the shares at Rs 8.16 and 8.11 per share, are set to pocket 48.26 times and 48.57 times their initial investments, respectively. Their Rs 2.34 crore and Rs 2.33 crore is set to turn into Rs 112.96 crore and 112.98 crore, respectively.
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.
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 Listing Date: The company’s shares are likely to list on the BSE and NSE on November 10, 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.
Lenskart Solutions IPO GMP
As of October 28, Lenskart Solutions IPO shares are trading at a grey market premium (GMP) of Rs 98 per share, according to multiple websites that track such trades.
Given the upper price band of Rs 402 and the current GMP, Lenskart Solutions’ shares are expected to list at Rs 500 per share. This translates into a potential listing gain of 24.38 per cent.
Lenskart Solutions: Company Profile
Lenskart Solutions Ltd, founded in 2008, is a technology-driven eyewear company that designs, manufactures, brands, and retails a wide range of products, including prescription glasses, sunglasses, contact lenses, and accessories.
According to RHP, the company follows a direct-to-consumer model and offers an extensive portfolio of eyewear under its own brands and sub-brands, catering to all age groups and price points.
As of March 31, 2025, Lenskart operated 2,723 stores across the globe, including 2,067 in India and 656 overseas. Of these, 1,757 are company-owned and 310 are franchised in India. It also provides remote eye testing through 136 optometrists at 168 stores, both in India and key international markets like Japan and Thailand.
The company manufactures its products in Bhiwadi and Gurugram and also has regional facilities in Singapore and the UAE.
