Lenskart IPO opens on October 31, 2025 — here’s everything you need to know about India’s most-awaited consumer-tech listing.
Market Performance
The Indian IPO market is buzzing again, and this time, it’s the homegrown eyewear leader — Lenskart — taking center stage. The company’s initial public offering opens for subscription on October 31, 2025, marking one of the most talked-about debuts of the year.
Backed by marquee global investors, this listing highlights the rapid evolution of India’s consumer-tech space — from disruptive startups to large-scale market makers.
The subscription window stays open for three days, closing on November 4, 2025. With excitement building around retail and tech-driven brands, Lenskart’s market entry is being tracked closely by investors and industry watchers.
Lenskart IPO Details
Price Band: ₹382 – ₹402 per share
Face Value: ₹2
Important Dates:
- Issue Opens: October 31, 2025
- Issue Closes: November 4, 2025
- Expected Allotment: November 6, 2025
- Likely Listing: November 10, 2025
Lot Size: 37 shares (bidding in multiples of 37)
IPO Structure
- Fresh Issue: ₹2,150 crore
- Offer for Sale (OFS): 12.75 crore shares by promoters & early investors
Use of Funds
The fresh capital will be utilized for:
- Expanding company-owned (CoCo) stores
- Brand-building & marketing
- Upgrading technology & digital backbone
- Strengthening supply chain efficiency
Reservation Structure
- QIBs: 75%
- NIIs: 15%
- Retail: 10%
- Employees: ₹19 per share discount
Company Overview: Lenskart’s Journey
Founded in 2008 by Peyush Bansal, Lenskart evolved from a simple online eyewear platform into one of India’s most recognized omnichannel brands.
Today, the company runs 2,500+ stores across India, Southeast Asia, and the Middle East. Its vertically integrated model — from design to manufacturing to retail — gives it strong control over pricing, quality, and supply chain operations.
Financial Story: Strong Turnaround
Lenskart posted a solid recovery in FY25:
- Revenue: ₹7,009 crore
- Net Profit: ₹297 crore
- EBITDA Margin: 14.7% (up from 7.0% in FY23)
The profit jump also reflects part of the accounting adjustment from its 2022 acquisition of Japanese chain Owndays Inc. The integration has boosted global presence and improved design & supply chain capabilities.
IPO Structure & Fund Utilization
Fresh Issue: ₹2,150 crore
OFS: 12.75 crore shares
Funds will go toward:
- Expanding CoCo stores
- Lease obligations
- Upgrading cloud & backend tech
- Marketing & brand initiatives
- Potential acquisitions to enhance global footprint
Before filing for IPO, Lenskart raised ₹90 crore in a pre-IPO round from Radhakishan Damani, reaffirming investor trust.
Major Shareholders
Key stakeholders include:
- Peyush Bansal (Founder & CEO)
- Neha Bansal, Amit Chaudhary, Sumeet Kapahi
- SoftBank Vision Fund II
- Temasek
- Schroders Capital
- Kedaara Capital
- Alpha Wave Ventures
- PI Opportunities Fund
The OFS includes share divestments from promoters and institutional backers.
Growth Momentum
Lenskart’s growth drivers include:
- 22% YoY revenue growth in FY25
- Advanced automation in manufacturing
- Strong expansion in UAE, Singapore, Thailand
- Increasing demand from Tier-2 & Tier-3 cities
- Rising adoption of subscription-based eyewear services
Lenskart has now positioned itself as a vision-care lifestyle brand, not just an eyewear retailer.
Strategic Roadmap Ahead
Post-IPO, Lenskart plans to:
- Strengthen direct-to-consumer channels
- Build AI-driven supply chains
- Expand in domestic & global markets
- Invest in advanced vision-testing tech
- Scale subscription models for eyewear
Quick Summary
|
IPO Open |
Oct 31, 2025 |
|
IPO Close |
Nov 4, 2025 |
|
Price Band |
₹382 – ₹402 |
|
Face Value |
₹2 |
|
Fresh Issue |
₹2,150 crore |
|
OFS |
12.75 crore shares |
|
Listing |
Likely Nov 10, 2025 |
|
FY25 Revenue |
₹7,009 crore |
|
FY25 Profit |
₹297 crore |
|
EBITDA Margin |
14.7% |
|
Stores |
2,500+ |
Final Word
The Lenskart IPO is more than a capital-raising event — it’s a milestone for India’s consumer-tech ecosystem. From an ambitious startup to a global eyewear force, Lenskart’s journey represents how Indian innovation can scale globally.
With a clear focus on technology, affordability, and customer experience, Lenskart’s listing promises to be one of the most anticipated events of 2025.
