Lenskart Solutions Limited has announced the opening of its initial public offering (IPO) on Friday, October 31, 2025, with a price band fixed at ₹382 to ₹402 per equity share of face value ₹2 each. The anchor investor bidding will open a day earlier, on Thursday, October 30, 2025, and the offer will close on Tuesday, November 4, 2025.
Investors can bid for a minimum of 37 equity shares and in multiples of 37 thereafter. Eligible employees will receive a discount of ₹19 per share under the Employee Reservation Portion.
The offer includes a fresh issue of shares aggregating up to ₹21,500 million and an offer for sale of up to 127,562,573 shares by promoter and investor shareholders, including Peyush Bansal, Neha Bansal, Amit Chaudhary, and Sumeet Kapahi, among others.
The IPO will follow the Book Building Process under SEBI ICDR Regulations. Not less than 75% of the net offer will be allocated to Qualified Institutional Buyers (QIBs), 15% to Non-Institutional Bidders, and 10% to Retail Investors (RIBs). Additionally, a portion worth ₹150 million will be reserved for employees.
All bids, except for those by Anchor Investors, must be placed using the ASBA process, including UPI-based applications.
The equity shares are proposed to be listed on both BSE and NSE.
The Book Running Lead Managers (BRLMs) for the issue are Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, Avendus Capital Private Limited, Citigroup Global Markets India Private Limited, Axis Capital Limited, and Intensive Fiscal Services Private Limited.
For further details, investors can access the Red Herring Prospectus here: Lenskart Solutions Limited RHP.
