Lenskart Solutions Ltd., India’s leading eyewear and omni-channel retail brand, continues to stay in focus as investors track its IPO performance on the final subscription day.
As of Tuesday, 4 November 2025, the Lenskart IPO GMP (Grey Market Premium) has declined to ₹59 per share, compared to ₹62 on 3 November 2025 — showing cautious sentiment as the IPO nears closure.
Despite this minor dip, analysts note that the IPO is still seeing strong interest from retail and institutional investors, thanks to Lenskart’s profitability, expanding global footprint, and strong brand recall.
Lenskart IPO GMP Trend
| Date | IPO Price (₹) | GMP (₹) | Estimated Profit (₹) |
|---|---|---|---|
| 04-Nov-2025 | 402.00 | ₹59 | ₹2,183 |
| 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 ₹59, Lenskart shares are expected to list around ₹461 per share, implying a potential listing gain of ~14.7% 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 ₹59 today, indicating mild caution ahead of the closing.
- Strong Financials: FY25 profit of ₹297 crore on ₹6,652 crore revenue.
- High Valuation: Approx. ₹70,000 crore (~US$8 billion).
- Global Backers: Supported by SoftBank, Temasek, and KKR.
- Extensive Reach: 2,000+ stores in India and 650+ international outlets.
Expected Listing Gain Calculation
At the upper price band ₹402 + GMP ₹59
→ Expected Listing Price: ₹461
→ Profit per Lot: ₹59 × 37 = ₹2,183
→ Estimated Gain: ~14.7%
Should You Apply for the Lenskart IPO?
Apply if:
- You aim for short-term listing gains (10–20%).
- You believe in the long-term potential of India’s eyewear and fashion-tech industry.
- You trust Lenskart’s strong brand and profitability.
Avoid if:
- You rely solely on GMP trends.
- You prefer low-risk, dividend-based investments.
Conclusion
As of 4 November 2025, the Lenskart IPO GMP stands at ₹59, hinting at a potential listing price near ₹461 — around 14.7% above the issue price.
While grey market sentiment has cooled slightly, subscription data remains healthy, and investors are closely watching final-day bids before the IPO closes tonight.
Disclaimer:
Grey Market Premium (GMP) data is unofficial and subject to rapid market changes. This article is for informational purposes only. Investors should review company fundamentals and consult financial advisors before investing.
