Mumbai: Lenskart Solutions Limited has announced the launch of its Initial Public Offering (IPO), set to open on Friday, October 31, 2025.
The Lenskart Solutions IPO will close on Tuesday, November 4, 2025, while the Anchor Investor Bidding Date is scheduled for Thursday, October 30, 2025.
Lenskart Solutions IPO: Price Band and Bidding Details
The Lenskart Solutions IPO has a price band of ₹382 to ₹402 per equity share of face value ₹2 each. Bids can be placed for a minimum of 37 equity shares and in multiples of 37 thereafter. A discount of ₹19 per share is being offered to eligible employees applying under the Employee Reservation Portion.
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Offer Structure
Lenskart Solutions IPO comprises a fresh issue of equity shares aggregating up to ₹21,500 million and an offer for sale (OFS) of up to 127,562,573 equity shares by existing shareholders.
Promoter selling shareholders include Peyush Bansal, Neha Bansal, Amit Chaudhary, and Sumeet Kapahi, while investor selling shareholders include SVF II Lightbulb (Cayman) Limited, Schroders Capital Private Equity Asia Mauritius Limited, PI Opportunities Fund – II, MacRitchie Investments Pte. Ltd., Kedaara Capital Fund II LLP, and Alpha Wave Ventures LP.
The offer includes an Employee Reservation Portion of up to ₹150 million, with the remaining shares forming the Net Offer.
Lenskart Solutions IPO: Allocation and Regulatory Framework
The Lenskart Solutions IPO is being made under Rule 19(2)(b) of the SCRR, read with Regulation 31 of the SEBI ICDR Regulations, through the Book Building Process.
Not less than 75% of the Net Offer will be allocated to Qualified Institutional Buyers (QIBs).
Up to 60% of the QIB portion may be allocated to Anchor Investors on a discretionary basis, with one-third reserved for domestic mutual funds.
15% of the Net Offer will be allocated to Non-Institutional Bidders (NIIs), and 10% to Retail Individual Bidders (RIBs), in accordance with SEBI ICDR norms.
Eligible employees will receive allocation on a proportionate basis under the Employee Reservation Portion.
All non-anchor bidders must apply through the Application Supported by Blocked Amount (ASBA) process, using their bank account or UPI ID for payment blocking.
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Lenskart Solutions IPO: Listing and Lead Managers
The equity shares of Lenskart Solutions Limited are proposed to be listed on BSE and NSE.
The Book Running Lead Managers (BRLMs) for the Lenskart Solutions IPO are:
- Kotak Mahindra Capital Company Limited
- Morgan Stanley India Company Private Limited
- Avendus Capital Private Limited
- Citigroup Global Markets India Private Limited
- Axis Capital Limited
- Intensive Fiscal Services Private Limited
The Red Herring Prospectus (RHP) for the IPO is available at: Lenskart Solutions RHP
