Lenskart Solutions Ltd., India’s leading eyewear and omni-channel retail brand, continues to stay in focus as investors track its ongoing IPO performance. As of Monday, 3 November 2025, the Lenskart IPO GMP (Grey Market Premium) has fallen to ₹62 per share, compared to ₹95 per share on 1 November 2025 — indicating a decline in grey market sentiment ahead of the closing date.
Despite the slight dip, market observers note that the IPO is still witnessing strong participation from both retail and institutional investors, thanks to Lenskart’s strong market dominance, profitability, and international presence.
Lenskart IPO GMP Trend
| Date | IPO Price (₹) | GMP (₹) | Estimated Profit (₹) |
|---|---|---|---|
| 03-Nov-2025 | 402.00 | ₹62 | ₹2,294 |
| 01-Nov-2025 | 402.00 | ₹95 | ₹3,515 |
| 30-Oct-2025 | 402.00 | ₹48 | ₹1,776 |
| 28-Oct-2025 | 402.00 | ₹108 | ₹4,004 |
At the current GMP of ₹62, Lenskart shares are expected to list around ₹464 per share, implying a potential listing gain of ~15.4% over the upper price band.
About the Lenskart IPO
| Particulars | Details |
|---|---|
| Company Name | Lenskart Solutions Ltd. |
| Industry | Eyewear / Retail / E-commerce |
| IPO Open Date | 31 October 2025 |
| IPO Close Date | 4 November 2025 |
| Price Band | ₹382 – ₹402 per share |
| Face Value | ₹1 per share |
| Lot Size | 37 shares per lot |
| Total Issue Size | ₹7,278 crore (approx.) |
| Fresh Issue | ₹2,150 crore |
| Offer for Sale (OFS) | ₹5,128 crore |
| Tentative Listing Date | 8 November 2025 |
| Exchange | NSE / BSE |
Why Lenskart IPO Remains in Focus
- GMP Cooling: Down to ₹62 today, signalling cautious optimism among traders.
- Strong Financials: FY25 profit ₹297 crore on ₹6,652 crore revenue.
- High Valuation: ~₹70,000 crore (US$8 billion).
- Global Backers: Supported by SoftBank, Temasek, and KKR.
- Extensive Reach: Over 2,000 stores in India and 650+ international outlets.
Expected Listing Gain Calculation
At the upper price band ₹402 + GMP ₹62
→ Expected Listing Price: ₹464
→ Profit per Lot: ₹62 × 37 = ₹2,294
→ Estimated Gain: ~15.42%
Should You Apply for the Lenskart IPO?
Apply if:
- You aim for moderate short-term gains (10–20%).
- You believe in the long-term potential of India’s eyewear and fashion-tech sector.
- You trust Lenskart’s brand, scale, and profitability.
Avoid if:
- You invest solely based on GMP signals.
- You prefer low-risk or dividend-oriented stocks.
Conclusion
As of 3 November 2025, the Lenskart IPO GMP stands at ₹62, indicating a possible listing price of ₹464 — a 15.4% potential listing gain.
While the GMP has seen a short-term dip, subscription data remains healthy as the IPO window continues until 4 November 2025.
Disclaimer:
Grey Market Premium (GMP) data is unofficial and subject to market fluctuations. This article is for informational purposes only. Investors should evaluate company fundamentals and consult financial advisors before investing.
