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Lenskart Solutions Private Limited IPO
⚫ ListedNSE + BSEMainboard IPOConsumer Goods
Issue Price
₹382–402
Issue Size
₹6500 Cr
Lot Size
37 shares
Min. Invest
₹15K
Open Date
26 Feb 2026
Close Date
28 Feb 2026
Allotment
1 Mar 2026
Listing Date
5 Mar 2026
36
IPOGenie Score
Avoid
out of 100
Grey Market Premium
+₹15
+3.73% above issue price
Est. Listing₹417
GMP is unofficial — not regulated by SEBI.
Listing Performance
-1.74%
Listed at ₹395
Current: ₹420
IPOGenie Score — Lenskart Solutions Private Limited
Our 5-factor scoring model: Financial Quality (30) + Subscription (25) + GMP (20) + Business (15) + Risk (10). Total: 36/100 — Avoid.
Financial Quality3/30
Subscription Momentum12/25
GMP Sentiment5/20
Business Quality8/15
Risk Assessment8/10
This score is an analytical tool only, not investment advice. Consult a SEBI-registered advisor.
IPOGenie Market Signal🔴 Bearish
Weak indicators: Low GMP ₹15. Score 36/100 — high risk.
IPOGenie Review — Lenskart Solutions Private Limited
Founded 2010. Disrupted fragmented eyewear market with tech-enabled omnichannel retail + in-house manufacturing. Virtual try-on, at-home eye testing, direct-to-consumer model.
Listed marginally below issue price at Rs 395 (vs Rs 402). Stock recovered to Rs 420. Lesson: high GMP (15) did not translate to listing gains — GMP is not infallible. Business quality is good but still loss-making at PAT level. Hold for long-term.
Strengths
- Market leader in organised eyewear — massively under-penetrated market
- In-house manufacturing creates cost advantage
- 2,000+ store network with strong brand recall
- International Singapore/Japan/USA presence
Risks
- Listed below issue price — cautionary tale on high-GMP IPOs
- Still loss-making at PAT level
- High OFS Rs 4,500 crore — promoters selling large amount
Lenskart Solutions Private Limited IPO — Complete Details
| Open Date | 26 February 2026 |
| Close Date | 28 February 2026 |
| Allotment Date | 1 March 2026 |
| Listing Date | 5 March 2026 |
| Price Band | ₹382 – ₹402 per share |
| Face Value | ₹1 per share |
| Lot Size | 37 shares |
| Min. Investment (Retail) | ₹14,874 |
| Issue Size | ₹6500 Crores |
| Fresh Issue | ₹2000 Crores |
| Offer for Sale (OFS) | ₹4500 Crores |
| Listing Exchange | NSE, BSE |
| IPO Type | Mainboard IPO (NSE + BSE) |
| Issue Type | Book Built |
| Registrar | KFin Technologies Ltd |
| Lead Manager(s) | Goldman Sachs (India) Securities Pvt Ltd, Axis Capital Ltd, JM Financial Ltd |
| Anchor Allocation | ₹1950 Crores |
| Promoter Holding (Pre-IPO) | 18.4% |
Lenskart Solutions Private Limited — Financial Snapshot
Revenue
₹3200 Cr
Net Profit (PAT)
₹48 Cr
EPS (Diluted)
₹2.1
P/E (Post-Issue)
191.4x
ROE
4.2%
ROCE
5.8%
Market Cap
N/A
Sector
Consumer Goods
Use of IPO Proceeds
- 1Technology: Rs 800 crore
- 2Store expansion: Rs 600 crore
- 3OFS proceeds to selling shareholders
IPO Documents
⚠️ Always read the RHP before investing — it contains all material risk factors and financial disclosures.
Frequently Asked Questions — Lenskart Solutions Private Limited IPO
When does Lenskart Solutions Private Limited IPO open and close?
Lenskart Solutions Private Limited IPO opens on 26 February 2026 and closes on 28 February 2026. Allotment is expected on 1 March 2026 and listing on 5 March 2026.
What is the price band and lot size of Lenskart Solutions Private Limited IPO?
Lenskart Solutions Private Limited IPO price band is ₹382–₹402 per share. Lot size is 37 shares. Minimum investment for retail investors is ₹14,874 (1 lot at cut-off price).
What is the GMP of Lenskart Solutions Private Limited IPO today?
Lenskart Solutions Private Limited IPO GMP (Grey Market Premium) today is ₹15 (+3.73%), suggesting an estimated listing price of ₹417. GMP is unofficial and not regulated by SEBI — use it as a sentiment indicator only.
How to check Lenskart Solutions Private Limited IPO allotment status?
Check Lenskart Solutions Private Limited IPO allotment status on the registrar website — KFin Technologies Ltd (https://kfintech.com). You can also check on BSE (bseindia.com → Investors → Application Status) using your PAN number. Allotment is finalised on 1 March 2026.
Is Lenskart Solutions Private Limited IPO good for investment?
IPOGenie rates Lenskart Solutions Private Limited IPO as "Neutral" with a score of 36/100. India's largest eyewear retailer. 2,000+ stores across 200+ cities. 40M+ customers. In-house manufacturing at Bhiwadi (150,000 frames/day). Internatio... Always read the RHP and consult a SEBI-registered advisor before investing.
How to apply for Lenskart Solutions Private Limited IPO?
Apply for Lenskart Solutions Private Limited IPO through: (1) UPI method — use any broker app (Zerodha, Groww, Upstox) and approve the UPI mandate. (2) ASBA — through your bank's net banking IPO section. Apply at cut-off price for best allotment odds. Maximum retail application is ₹2 lakh (13 lots).
What is the issue size of Lenskart Solutions Private Limited IPO?
Lenskart Solutions Private Limited IPO total issue size is ₹6500 Cr. Fresh issue is ₹2000 Cr and Offer for Sale (OFS) is ₹4500 Cr. Anchor investor allocation was ₹1950 Cr.