About Lenskart Solutions:
The company is a technology-driven eyewear enterprise engaged in designing, manufacturing, branding, and retailing eyewear products. It offers eyeglasses, sunglasses, contact lenses, and accessories across brands in India, Southeast Asia, Japan, and the Middle East, operating facilities in India, Singapore, and the UAE, with online and retail presence.
About the Industry in which Lenskart Solutions operates:
India is among the fastest-growing retail markets, driven by urbanization, higher disposable incomes, and a tech-savvy youth. The eyewear market is projected to grow at a 13% CAGR, reaching ₹1,483 billion (US$17.2 billion) by FY2030, with prescription eyeglasses comprising 73%. Organized retail channels are expected to represent about 31% of the market.
| Important Information and Timelines of the IPO of Lenskart Solutions: | |
|---|---|
| Open Date | 31 October 2025 |
| Close Date | 4 November 2025 |
| Total Issue Size – Number of Shares | 181045160 |
| Minimum Bid Price | 382 |
| Maximum Bid Price | 402 |
| Lot Size | 37 |
| Basis of Allotment | 6 November 2025 |
| Initiation of Refunds and Credit of Shares to Demat | 7 November 2025 |
| Listing Date | 10 November 2025 |
| Listing Exchange(s) | NSE and BSE |
Minimum and Maximum Lot Sizes for the IPO of Lenskart Solutions:
| Category | Lots | Shares | Amount (in ₹) |
|---|---|---|---|
| Retail – Minimum | 1 | 37 | 14874 |
| Retail – Maximum | 13 | 481 | 193362 |
| sHNI – Minimum | 14 | 518 | 208236 |
| sHNI – Maximum | 67 | 2479 | 996558 |
| bHNI – Minimum | 68 | 2516 | 1011432 |
Objective of the IPO of Lenskart Solutions:
The company plans to allocate funds toward establishing new company-owned stores in India, meeting lease and rental obligations for existing outlets, investing in technology and cloud infrastructure, and strengthening brand awareness through marketing initiatives. Additionally, it may utilize funds for potential acquisitions and other general corporate purposes.
Financials of Lenskart Solutions:
| Particulars | As at and for the three months period ended June 30, 2025 | As at and for the three months period ended June 30, 2024 | As at and for the Financial Year ended March 31, 2025 | As at and for the Financial Year ended March 31, 2024 | As at and for the Financial Year ended March 31, 2023 |
|---|---|---|---|---|---|
| Equity Share Capital | 1,543.37 | 154.18 | 1,543.37 | 154.18 | 152.86 |
| Net Worth | 61,768.66 | 57,949.22 | 61,082.99 | 56,423.78 | 54,444.79 |
| Revenue from Operations | 18,944.55 | 15,204.26 | 66,525.17 | 54,277.03 | 37,880.28 |
| Total Income | 19,461.01 | 15,637.49 | 70,092.76 | 56,098.72 | 39,279.74 |
| Restated Profit/(Loss) for the Period/Year | 611.73 | (109.57) | 2,973.40 | (101.54) | (637.57) |
| Basic Earnings/(Loss) per Equity Share | 0.36 | (0.06) | 1.77 | (0.11) | (0.43) |
| Diluted Earnings/(Loss) per Equity Share | 0.36 | (0.06) | 1.76 | (0.11) | (0.43) |
| *Return on Net Worth (RoNW) (%) | 0.97% | (0.18)% | 4.84% | (0.31)% | (1.25)% |
| Net Asset Value per Share | 36.74 | 35.22 | 36.34 | 34.29 | 33.54 |
| Total Borrowings | 3,354.82 | 3,783.39 | 3,459.39 | 4,971.54 | 9,172.08 |
For more details on the IPO, refer to the DRHP here.
Did you know that you can now Pre-Apply for an IPO on Dhan? You can place your IPO Bid on Dhan and the order will be pushed to the Exchange as soon as the Bidding starts for Lenskart Solutions. You will receive a UPI mandate after 10:00 AM on 31 October 2025.
###1. How to apply for the IPO of Lenskart Solutions on Dhan?
You can apply for the IPO of Lenskart Solutions from either Dhan Mobile App or Web
On Dhan Mobile App you can find the IPO under the Money Section > IPO Tab
On Dhan Web you can find the IPO under Markets Tab > IPOs
###2. In case of successful allotment, when the IPO shares of Lenskart Solutions be visible on Dhan?
The CDSL will intimate you regarding the credit of shares into your Demat account by 7 November 2025. However, you will be able to see the shares of Lenskart Solutions on Dhan before the market starts on the listing date which is 10 November 2025.
