Lenskart Solutions Limited has announced that its Initial Public Offering (IPO) will open on Friday, October 31, 2025, and close on Tuesday, November 4, 2025. The Anchor Investor bidding will open on Thursday, October 30, 2025.
The price band has been set at ₹382 to ₹402 per equity share of face value ₹2 each. Investors can bid for a minimum of 37 equity shares and in multiples thereof. Eligible employees will receive a discount of ₹19 per share under the Employee Reservation Portion.
The IPO comprises a fresh issue aggregating up to ₹2,150 crore and an offer for sale (OFS) of up to 127,562,573 equity shares by existing shareholders, including Promoters Peyush Bansal, Neha Bansal, Amit Chaudhary, and Sumeet Kapahi, along with investor shareholders such as SVF II Lightbulb (Cayman) Limited, Schroders Capital, PI Opportunities Fund – II, MacRitchie Investments, Kedaara Capital Fund II LLP, and Alpha Wave Ventures LP.
The issue will be made through the book-building process in line with SEBI ICDR Regulations, with 75% reserved for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors, and 10% for Retail Individual Investors.
The equity shares are proposed to be listed on both BSE and NSE.
Kotak Mahindra Capital, Morgan Stanley India, Avendus Capital, Citigroup Global Markets India, Axis Capital, and Intensive Fiscal Services are the Book Running Lead Managers to the issue.
