Lenskart IPO: The IPO of Lenskart, a famous company manufacturing eye wear products, is ready to be launched tomorrow i.e. on 31st October. Bids for investment in this can be made till November 4. The issue size of the IPO is Rs 7,278.02 crore. The price band for the IPO has been fixed at Rs 382-402 per share.

5.35 crore equity shares worth Rs 2,150 crore will be issued in the IPO and about 12.8 crore equity shares will be sold through OFS. Equity shares of Lenskart Solutions will be listed on both the stock exchanges BSE and NSE. The date of IPO listing has been fixed as November 10, 2025. Axis Capital, Kotak Mahindra Financial, Morgan Stanley India, Avendus Capital, Citigroup Global and Intensive Fiscal are the book running lead managers for the IPO, while MUFG Intime India Pvt Ltd is the IPO registrar.

What is the GMP of IPO?

Lenskart’s IPO has made a huge entry in the gray market even before its opening. Its gray market premium (GMP) remains strong. Today its gray market premium (GMP) is Rs 70 per share. That means in the gray market its shares are trading at Rs 70 per share more than its IPO price.

With the announcement of the price band on Monday, a spectacular rise in its GMP was seen in the gray market. Even that day, the shares were trading at a premium of Rs 75, which represents an increase of 18.66 percent compared to the upper price band of the IPO of Rs 402. Lenskart is the fourth largest IPO of this year so far. Before this, companies like Tata Capital, HDB Financial Services and LG Electronics have launched their IPOs.

Promoter Neha Bansal sold her share

Meanwhile, Neha Bansal, one of the promoters of Lenskart Solutions, has sold 0.15 per cent stake at a value of Rs 100 crore to two schemes of SBI Mutual Fund in a pre-IPO offer. This transaction took place at the upper price band of IPO at Rs 402 per share. Before this transaction, Neha had 7.61 percent stake in the company and now after transferring 2.5 lakh equity shares to the mutual fund, her stake in the company is now 7.46 percent.

With this transaction, SBI Optimal Equity Fund (AIF) and SBI Emergent Fund (AIF) invested at a transfer price of Rs 402 per equity share. The company bought 870,646 shares or 0.05 percent stake of Lenskart, while SBI Emergent Fund bought 16,16,915 shares or 0.10 percent stake. Earlier, on October 23, well-known investor and DMart founder Radhakishan Damani invested about Rs 90 crore in Lenskart through a pre-IPO transaction. According to media reports, Neha Bansal married Srikant R. 2,238,806 equity shares were sold to Damani.

Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

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Lenskart IPO: Draft Red Herring Prospectus (DRHP) of ievier retailer Lenskart has been approved by the market regulator SEBI. With this, the way to bring its IPO has also been cleared. According to the Moneycontrol report, the size of the IPO is Rs 2150 crore. This includes both the Fresh Issues as well as the offer for sale (OFS), in which the company’s current investors and founders will sell shares worth Rs 13.23 crore.

Piyush Bansal will sell 2 crore shares

Through IPO, Lenskart co-founder Piyush Bansal, Neha Bansal, Amit Chaudhary and Sumit Kapahi will sell their stake in the company. In addition, SVF II Lightbalb (Cayman) Limited, Shroders Capital Private Equity Asia Mauritius Limited, PI Opportunities Fund-II, Macrichie Investments Private Limited, Kedara Capital Fund II LLP and Alfa Way Veters LP can also sell their share under the Window. In the IPO, Lenskart CEO and Promoter Piyush Bansal will sell 2 crore shares.

In which work will be the use of money?

The draft prospectus filed in July 2025 stated that the company will use 272.6 crores raised from the fresh issue of 272.6 crores, will be used for the new COCO (company owned, operated by the company) store and use 591.4 crores for lease, rented payment and license expenses. Lenskart made his debut as an online eyewear retailer, but gradually extending its scope, it opened its branded showrooms across the country and entered the retail segment.

Apart from this, 213.4 crore will be kept for technology and cloud infrastructure, while 320 crore will be for brand marketing and promoter activities. The remaining amount is expected to fulfill inorganic acquisition and general corporate purposes.

The company earned more than 6000 revenue

In the business year 2025, Lenskart’s operational revenue increased by 22.5 percent to 6,652.5 crore, which was 5,427.7 crore last year. During this time, the company recorded a net profit of Rs 297.34 crore against the loss of Rs 10.15 crore in 2024. Ebitda also reached 971 crore, which is more than 672 crores from a year ago.

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

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The Ivier brand Lenskart is preparing for its IPO (entering the stock market) these days, but during this time an interesting thing has come out. Something happened about the degree and marksheet of the company’s co-founder Sumit Kapahi that now this matter is in social media and news. In fact, when Lenskart handed over his draft to the market regulator SEBI, when he handed over his draft to the market regulator, a special thing in it is not able to find his B.Com degree and marksheet.

Showing transparency, the company wrote in the “risks” section of IPO documents that their global head of source and promoter Sumit Kapahi is not getting degrees and marksheets received from Delhi University (DU). He claimed that several emails and letters have been sent to DU. Even he applied online on DU’s website, but no response was received.

What did Du say?

Now an official statement has come from Delhi University on this matter, in which the whole situation has been cleared. The university said that Sumit Kapahi has not applied any online nor offline for a degree or marksheet. That is, till now the university has not received any request of any kind.

After scrutinizing all the records, the DU examination branch made it clear that no email, letter or application form is recorded from the Kapahi. However, the investigation revealed that a person named Dipesh, who had deposited a fee for a duplicate marksheet in the name of Sumit Kapahi on 16 July 2025, but he did not fill the necessary online form, which led to the process incomplete.

What to do now?

DU has clarified that if Sumit Kapahi really wants a copy of his marksheet or degree, he will have to go to the official portal and apply online under the prescribed process and pay the fees.

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Lenskart IPO: The Ivier Retailer Lenskart plans to raise Rs 8500 crore i.e. about 1 billion dollars through the IPO. Lenskart Solutions has filed an application for IPO on the stock exchange on Monday. Under this proposed IPO, the company will issue new shares up to Rs 2150 crore (about $ 25 million). Along with this, the current shareholders will be able to sell their shares through the offer for sale (OFS). The company is trying to listed in the stock market by the end of this year.

Founder and investor

Lenskart was founded by Amit Chaudhary, Piyush Bansal, Neha Bansal and Sumit Kapahi. The company has invested in this company by prominent investors like Temasake, Alphevev Global, SoftBank, KKR, Kedara Capital and TPG.

India’s leading ievier brand

Lenskart is a major iwear brand of India. It has about 2000 physical stores across the country, and it is also active online. Recently it has officially become a public company. In the board meeting held on May 30, the special proposal was passed to change the name of the company from Lenskart Solutions Private Limited to Lenskart Solutions Limited.

Great growth in revenue

Lenscart’s revenue in the financial year 2023 was $ 44.3 million, which increased to $ 64.5 million in the financial year 2024 – ie an annual growth of 46%. The company is expected to have a revenue of $ 75.5 million in the financial year 2025, which will increase by about 17% compared to the previous year. Lenskart was started by Piyush Bansal in 2010, he is still the CEO of this company. India’s eyewear company Lenskart sells contract lenses as well as contract lenses.

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)