Lenskart Share Price
Good morning, market watchers!
The wait is over, Lenskart finally steps onto Dalal Street today, Monday, November 10, 2025. With a massive ₹7,278 crore issue that drew investor interest 28 times over, this debut has everyone talking. Despite debates over its valuation, excitement remains sky-high. From retail investors to institutional giants, all eyes are on how the eyewear brand performs on debut day. Will it shine bright or blink under market pressure?
Lenskart made its much-anticipated market debut at ₹395 per share, opening flat and in line with expectations, reflecting a steady start despite earlier grey market volatility.
| Category | Details |
|---|---|
| Lenskart IPO Subscription Breakdown | |
| Overall Subscription | 28 times |
| Institutional Investors (QIBs) | 40 times (75% of issue reserved) |
| Non-Institutional Investors (HNIs) | 18 times |
| Retail Investors | 7.5 times (10% of issue reserved) |
| Lenskart IPO Details | |
| Total Issue Size | ₹7,278 crore |
| Fresh Issue | ₹2,150 crore |
| Offer for Sale (OFS) | ₹5,128 crore |
| Post-Issue Market Cap | ₹69,741 crore |
| Promoter Stake (Post Issue) | To reduce from 19.9% to 17.7% |
| Lenskart IPO GMP (Grey Market Premium) Update | |
| Current GMP Range | 2% to 0% |
| Previous GMP Levels | Above ₹100 before listing |
| Market Buzz | Some reports suggest a negative GMP (unconfirmed) |
| Listing Price Outlook | May differ from current grey market trends |
On the eve of Lenskart’s market debut, co-founder & CEO Peyush Bansal shared a heartfelt note titled “It’s Still Day Zero.”
“Tomorrow, when Lenskart lists on the Indian stock exchange, it will look like a milestone. To me, it feels like Day Zero — the beginning of a new promise,” Bansal wrote.
He reflected on the 15-year journey, emphasizing that Lenskart’s mission has evolved from “giving vision to India” to “giving vision from India to the world.”
Two days before listing, Ambit Capital issued a “Sell” rating on Lenskart with a price target of ₹337, implying a 16% downside from Friday’s close.
Revenue Growth: Expected 20% CAGR (FY25–FY28)
Drivers: India expansion and global scale to aid growth
Margins: Operating leverage to drive expansion
(With Inputs)
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
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