The stock market today opened to one of the most-watched listings of the season — Lenskart.
But instead of a celebratory pop, the much-anticipated Lenskart IPO listing took a softer route, delivering a calm, almost cautious debut.
Across search trends and investor conversations, keywords like Lenskart share price, Lenskart stock price, Lenskart IPO listing details, and Lenskart IPO news dominated the morning. And all of them pointed to one thing — the listing came at a discount.
Market Performance: Lenskart Share Price Opens Lower
When Lenskart finally hit the exchanges, the tone was subdued.
- BSE Listing Price: ₹390
(2.99% below IPO price of ₹402) - NSE Listing Price: ₹395
(1.74% below IPO price)
For a company often associated with youthful branding, aggressive expansion, and strong recall value, the debut was quieter than expected. Still, the listing drew massive online attention simply because Lenskart commands a unique space in the Indian eyewear market.
Lenskart IPO News: Subscription, Size & Key Details
Despite the muted listing, interest in the IPO was massive during the offering window.
Subscription Numbers
- Total Subscription: 28.26 times
- QIB Subscription: 40.35 times
- NII Subscription: 18.23 times
- Retail Subscription: 7.54 times
The numbers tell their own story — investors across categories participated actively.
IPO Size & Structure
- Total Issue Size: ₹7,278 crore
- Fresh Issue: ₹2,150 crore
- Offer for Sale: 12.75 crore shares
- Price Band: ₹382–₹402 per share
- Valuation Target at Upper Band: ₹69,700 crore
Use of Funds
Lenskart plans to channel the fresh issue proceeds into:
- Expansion of new company-owned, company-operated (CoCo) stores
- Lease, rent and license-related payments for these stores
- Technology and cloud infrastructure upgrades
- Brand marketing and promotional activities
- Potential inorganic acquisitions
- General corporate purposes
Company Details: Lenskart's Growing Footprint
Founded in 2008, Lenskart has evolved into one of India’s largest omni-channel eyewear brands. Its presence now spans:
- Metro cities
- Tier-1 and Tier-2 cities
- Lenskart has also expanded its reach into Southeast Asia and the Middle East, strengthening its presence outside India. The brand’s portfolio spans everyday essentials like prescription glasses, sunglasses, and contact lenses.
- Prescription eyeglasses
- Sunglasses
- Contact lenses
Its strong branding, digital-first approach, and hybrid retail model have helped it dominate the eyewear space over the past decade.
Summary: What Lenskart’s Listing Means for the Market Today
The Lenskart IPO listing date finally arrived with high expectations and heavy market buzz. While the debut came at a discount — ₹390 on BSE and ₹395 on NSE — the strong subscription numbers and the company’s long-term strategy kept the spotlight firmly on the stock.
Investors, traders, and market watchers will continue tracking Lenskart share price and Lenskart stock price movement closely as the company steps into its next phase as a listed entity.
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