Lenskart IPO GMP, Price Band, and Full Details 2025 – Should You Apply?

The eyewear giant Lenskart Solutions Ltd, founded by Peyush Bansal, is now stepping into the public market with its much-talked-about Initial Public Offering (IPO) in 2025. Known for revolutionizing India’s eyewear industry through affordable and stylish glasses, Lenskart’s IPO has created a massive buzz among retail and institutional investors alike.

As per early market indicators, the Lenskart IPO GMP (Grey Market Premium) is showing a strong positive sentiment — a sign that investors are expecting a good listing gain. But what’s behind this excitement, and what should investors really know before applying?
Let’s break down everything — issue size, price band, financials, GMP trend, and expert view — in simple words.

What Is Lenskart IPO GMP (Grey Market Premium)?

The Grey Market Premium (GMP) is an unofficial indicator showing how much premium investors are ready to pay for an IPO before it lists on the stock exchange.

For example, if the IPO price band is ₹400 and the GMP is ₹80, it means shares are trading at ₹480 in the grey market — suggesting expected 20% listing gain.

In the case of Lenskart IPO, reports from market trackers show that GMP is hovering between ₹70–₹90 per share, depending on demand. This signals a 17–22% premium on the upper price band.

However, remember that GMP is just a sentiment indicator, not a guarantee of profit. It fluctuates daily based on market mood, subscription levels, and overall investor confidence.

Key IPO Details: Lenskart IPO 2025

About Lenskart – Company Overview

Lenskart started in 2008 as an online eyewear platform and has now grown into India’s largest optical retail brand. The company operates through an omni-channel model, combining online shopping, mobile app, and 2,000+ offline stores across India and international markets like Singapore and UAE.

With its unique “Try Before You Buy” feature and in-house lens manufacturing, Lenskart ensures quality, speed, and affordability — a combination that has helped it attract millions of loyal customers.

Financial Performance Before IPO

Here’s a simplified financial snapshot to understand the company’s growth:

The numbers show a clear turnaround — from losses to consistent profits, backed by growing sales and strong demand in tier-2 and tier-3 cities.

How Funds Will Be Used

Lenskart plans to use the IPO proceeds mainly for:

• Expanding retail stores across India and Southeast Asia.

• Enhancing manufacturing capacity at its Bhiwadi facility.

• Investing in technology for AI-driven lens measurement and eye testing.

• Debt repayment and other general corporate purposes.

This strategic use of funds shows the brand’s focus on long-term scalability and international reach.

Why Investors Are Excited

1. Strong Brand Recognition: Lenskart dominates the eyewear segment with >35% online market share.

2. Profitable Growth: The company is now profit-making after consistent revenue jumps.

3. Omnichannel Strength: It has balanced online convenience and offline trust.

4. Tech Integration: AI-based face detection and lens customization give Lenskart a unique edge.

5. Solid Leadership: Peyush Bansal’s credibility boosts investor confidence.

Key Risks You Should Know

Every IPO comes with potential risks. Here’s what investors must consider:

• High Valuation: Analysts say Lenskart’s IPO pricing is premium compared to its peers.

• Competitive Market: Companies like Titan Eye+ and local optical chains are tough competitors.

• Raw Material Dependency: A large portion of frames and lenses are imported.

• Changing Fashion Trends: Rapid design shifts may increase inventory costs.

So, while the brand is strong, the valuation and competition remain two critical factors to watch.

Lenskart IPO GMP Trend

The grey market trend is dynamic. Based on current data:

• Initial GMP: ₹100+ (during early announcements)

• Mid-Phase: ₹85 average (as anchor investors joined)

• Just Before Opening: ₹70–₹75 (stabilized after price band reveal)

Such a movement indicates healthy but realistic optimism. A GMP above ₹70 is considered a positive signal for listing day.

Expert Opinion – Should You Apply?

Most market analysts believe Lenskart is a “growth-driven but high-valued” IPO. If you’re investing for listing gains, this could be a good short-term bet due to the brand strength and positive GMP.

However, for long-term investors, it’s advisable to wait for 1–2 quarters post-listing to evaluate financial consistency and margin stability.

In short:

• ✔ Short-Term Traders: May apply for listing gain.

• ⚠ Long-Term Investors: Should evaluate valuation comfort.

Conclusion

The Lenskart IPO 2025 is one of the most awaited listings of the year — combining brand popularity, strong financials, and smart business scaling. The GMP trend looks positive, reflecting investor excitement, but valuation remains on the higher side.

If you’re planning to apply, ensure you analyze your risk appetite and holding period. Remember, every IPO carries both opportunity and uncertainty — and Lenskart is no exception.

Also read:-

• Studds Accessories IPO GMP Jumps 10% — Should You Apply?

FAQs – Lenskart IPO GMP & Details

Q1. What is the Lenskart IPO GMP today?
A. The current Lenskart IPO GMP is estimated between ₹70–₹90 per share as of late October 2025.

Q2. When will Lenskart IPO open and close?
A. The IPO opens on 31 October 2025 and closes on 4 November 2025.

Q3. What is the expected listing date?
A. Tentatively, Lenskart shares will list on 10 November 2025 on NSE and BSE.

Q4. Who are the lead managers for this IPO?
A. Major investment banks like Kotak Mahindra Capital, Morgan Stanley, and ICICI Securities are managing the issue.

Q5. What is the minimum investment required?
A. For retail investors, the minimum lot is 37 shares, costing roughly ₹14,874 at the upper band.

Q6. Is Lenskart IPO good for long-term investment?
A. Yes, if you believe in the brand’s growth story, but the valuation is high. Evaluate risk carefully.