Lenskart Solutions Limited has announced that its Initial Public Offering (IPO) will open for public subscription on Friday, October 31, 2025, and close on Tuesday, November 4, 2025. The Anchor Investor bidding will take place on Thursday, October 30, 2025.
The company has fixed the price band for the offer between ₹382 and ₹402 per equity share of face value ₹2 each. Investors can bid for a minimum of 37 shares and in multiples thereafter. Eligible employees will receive a discount of ₹19 per share under the Employee Reservation Portion.
The IPO comprises a fresh issue of equity shares aggregating up to ₹21,500 million and an offer for sale (OFS) of up to 12.75 crore 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 and Kedaara Capital Fund II LLP. The Employee Reservation Portion will aggregate up to ₹150 million.
As per SEBI regulations, at least 75% of the net offer will be allocated to Qualified Institutional Buyers (QIBs), not more than 15% to Non-Institutional Bidders, and up to 10% to Retail Individual Bidders.
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.