Lenskart, the popular eyewear retailer, had a mixed start on the stock market but quickly bounced back. After listing at ₹390 per share with a small discount from the IPO price, the stock recovered sharply, gaining momentum on the second day.
By 11 November 2025, the shares had extended gains to nearly 7%, reflecting renewed investor interest following the initial debut.
Market Performance: Key Numbers
Lenskart’s early trading shows a positive post-listing trend:
- IPO Listing Price: ₹390 per share
- Debut Close (BSE): ₹403.30, up 0.3% from IPO price
- Day 2 Performance: Up ~4% from IPO price
- Two-Day Gain: Nearly 7%
The initial trading session was slightly subdued, but the stock has shown resilience, regaining investor confidence quickly.
Listing and Investor Sentiment
Despite a strong IPO subscription of 28 times, the listing opened slightly below expectations, highlighting valuation fatigue among investors. The company’s made-to-order model is capital-intensive, requiring careful operational execution to maintain profitability.
- Lenskart raised ₹7,278 crore through the IPO
- The issue included a fresh issue of ₹2,150 crore and an offer for sale of 12.75 crore shares.
- IPO price band: ₹382–402 per share, giving the company a valuation of around ₹70,000 crore
Investors received a minimum allotment of 37 shares, requiring an initial investment of ₹14,874.
Stock Performance Outlook
The stock’s early performance reflects a range-bound sentiment with cautious optimism.
- Shares rebounded sharply after a weak debut.
- Early trading indicates investors responding positively to Lenskart’s long-term growth story.
- Focus remains on earnings and store expansion as potential triggers for future movement.
While initial sentiment was muted, the post-listing recovery shows that Lenskart retains strong brand appeal and market interest.
Summary
Lenskart’s market debut highlights the dynamics of a highly anticipated consumer-tech IPO:
- Listing price: ₹390 per share, initially lower than IPO price
- Two-day gain: ~7%, closing around ₹403.30 on debut and extending upward
- Strong IPO subscription: 28 times, reflecting high investor demand
- Focus areas: Long-term growth, store expansion, and earnings visibility
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