Lenskart Solutions Limited IPO Details Issue Price, Date, News, Allotment Status, GMP Today, Link, Updates

Lenskart Solutions Limited IPO Company Profile:

Lenskart Solutions Limited is a technology-driven eyewear enterprise, offering integrated operations across design, manufacturing, branding, and retailing. Lenskart primarily markets prescription eyeglasses, sunglasses, contact lenses, and eyewear accessories through multiple in-house and sub-brands. Core markets include India, Southeast Asia, Japan, and the Middle East. Lenskart forces advanced frame and lens design, with manufacturing centers in India, complemented by regional facilities in Singapore and the United Arab Emirates.

Lenskart Solutions Limited IPO Details:

Lenskart Solutions Limited IPO Strengths:

• During Q1FY26 and FY25, the company launched 42 and 105 new in-house designed and engineered collections globally, including collaborations with top brands and celebrities.
• As of June 30, 2025, Lenskart operated a total of 2,806 stores worldwide, including 2,137 in India and 669 across international markets. The network comprised 2,311 company-owned stores (1,823 in India and 488 overseas) and 495 franchise-operated stores (314 in India and 181 overseas), reflecting the company’s strong global expansion and balanced retail strategy.
• The company’s mobile applications had achieved over 100 million cumulative downloads, highlighting its strong omnichannel strategy and balanced growth across both physical retail and digital platforms.
• As of June 30, 2025, the company offered next-day delivery of single vision prescription eyeglasses in 58 cities and three-day delivery in 49 cities across India, reflecting its strong supply chain efficiency and commitment to enhancing customer experience through faster, reliable fulfillment.
• Lenskart’s vertically integrated model, supported by a centralized supply chain, enables complete end-to-end control over product quality, shorter manufacturing lead times, and enhanced cost efficiency compared to traditional eyewear retailers. This structure allows Lenskart to offer products at lower prices and faster delivery times, with frame and lens costs in FY2025 estimated to be 35–40% below the industry average.
• Lenskart offers various customer membership programs, including its paid loyalty initiative, “Lenskart Gold,” launched in 2018. As of June 30, 2025, the program had 7.12 million members, with 0.35 million new members added in the quarter ended June 30, 2025, and 0.95 million during FY2025.
• Lenskart is actively developing and piloting advanced smart eyewear products that integrate emerging technologies, including Bluetooth-enabled audio eyewear (its Phonic range) and camera-enabled eyewear. The company also plans to continue investing in product innovation and related hardware and software technologies for Smart Glasses, both organically and inorganically.
• Lenskart reported FY25 revenue of ₹6,652.52 crore, a 22.56% rise from FY24’s ₹5,427.70 crore. The company turned profitable with a PAT of ₹297.34 crore versus a loss of ₹10.1 crore previously. Q1 FY26 revenue hit ₹1,894.46 crore with PAT of ₹99.72 crore. The average store generates ₹2.37 crore annually.
• The Indian eyewear market is projected to grow at a CAGR of approximately 13%, reaching ₹1,483 billion (around US$17.2 billion) by FY2030. Prescription eyeglasses are expected to remain the dominant segment, accounting for approximately 73% of the total market value.

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Lenskart Solutions Limited IPO Risk Factors:

• The company faces intense competition from both local vendors and listed and unlisted players such as Titan Eye Plus, GKB Opticals, Coolwinks, and Specsmakers, which may impact its revenue growth and profitability.
• With eyewear increasingly viewed as a fashion statement, Lenskart faces the risk of rapid shifts in consumer preferences and style trends. Failure to consistently innovate in design, branding, or influencer engagement may result in outdated inventory, reduced customer engagement, and potential loss of market competitiveness.

Lenskart Solutions Limited IPO Financial Performance:

Lenskart Solutions Limited IPO Shareholding Pattern:

Lenskart Solutions Limited IPO Outlook:

Lenskart Solutions Limited is a technology-driven eyewear enterprise, offering integrated operations across design, manufacturing, branding, and retailing. The company recorded 22.56% revenue growth and a 3028% rise in PAT in FY25. With the launch of new in-house collections, increasing store presence across domestic and international markets, and over 100 million mobile app downloads, Lenskart continues to enhance accessibility and customer experience. Its efficient delivery network across major cities and favorable industry growth trends are likely to support further expansion and improved financial performance in the coming years. At the upper price band of ₹402 per share, the issue is valued at a P/E of 227.27x (pre-IPO) and 235.13x (post-IPO) based on FY25 earnings. The company’s valuation is on the higher side, so we recommend avoiding the issue. However, investors seeking short-term listing gains or aggressive investors with a higher risk appetite may consider applying, keeping in mind the elevated valuation and associated risks.

Lenskart Solutions Limited IPO FAQ:

Ans. The finalization of Basis of Allotment for Lenskart Solutions IPO will be done on Thursday, November 6, 2025, and the allotted shares will be credited to your demat account by Friday, November 7, 2025.