### Lenskart's IPO Launch: A Major Step in India's Consumer Tech Market Lenskart Solutions Ltd., a prominent player in the eyewear industry, has officially launched its Initial Public Offering (IPO) on October 31, 2025. The IPO aims to raise ₹7,278 crore (approximately $821 million) and is priced within a band of ₹382 to ₹402 per share. This significant move comes as part of Lenskart's strategy to expand its market presence, with plans to open 450 new stores in the fiscal year 2025. The IPO is expected to attract considerable interest from investors, especially given the company's valuation target of around ₹70,000 crore [https://www.thehindubusinessline.com/markets/lenskart-ipo-opens-today-at-rs-382-402-price-band/article70224090.ece][https://www.bhaskarenglish.in/business/news/investors-will-be-able-to-invest-from-a-minimum-of-14874-and-the-company-will-raise-7278-at-valuation-of-70000-crore-136299396.html]. ### Structure of the Lenskart IPO Overview 1. **IPO Details** - **Opening and Closing Dates**: The IPO opened on October 31 and will close on November 4, 2025. - **Price Band**: Shares are offered at ₹382 to ₹402 each, with a minimum investment of ₹14,874 for one lot of 37 shares [https://www.bhaskarenglish.in/business/news/investors-will-be-able-to-invest-from-a-minimum-of-14874-and-the-company-will-raise-7278-at-valuation-of-70000-crore-136299396.html]. - **Issue Size**: The total issue size is ₹7,278 crore, which includes a fresh issue of ₹2,150 crore and an offer for sale (OFS) of 12.75 crore equity shares [https://www.angelone.in/news/ipos/lenskart-solutions-set-to-launch-rs-7278-crore-ipo-on-october-31-what-you-need-to-know]. 2. **Investor Interest and Subscription Status** - **Initial Subscription**: As of the first day, the IPO was subscribed 67% by 2:12 p.m. [https://businessexpressnews.com/lenskart-ipo-subscribed-67-on-day-1-so-far]. - **Anchor Investors**: The company raised ₹3,268 crore from anchor investors, including major firms like SBI Mutual Fund, HDFC Mutual Fund, and Goldman Sachs [https://www.thehindubusinessline.com/markets/lenskart-ipo-opens-today-at-rs-382-402-price-band/article70224090.ece]. 3. **Market Context and Future Plans** - **Valuation and Growth Strategy**: Lenskart is targeting a valuation of ₹70,000 crore, with plans for aggressive expansion in the retail space [https://www.thehindubusinessline.com/markets/lenskart-ipo-opens-today-at-rs-382-402-price-band/article70224090.ece][https://finance.yahoo.com/news/indian-eyewear-retailer-lenskart-seeks-091132891.html]. - **Listing Date**: Shares are expected to be listed on the BSE and NSE on November 10, 2025 [https://www.bhaskarenglish.in/business/news/investors-will-be-able-to-invest-from-a-minimum-of-14874-and-the-company-will-raise-7278-at-valuation-of-70000-crore-136299396.html]. ### Key Metrics and Insights - **IPO Size**: ₹7,278 crore - **Price Band**: ₹382 - ₹402 per share - **Minimum Investment**: ₹14,874 for one lot (37 shares) - **Initial Subscription Rate**: 67% on Day 1 - **Anchor Investment**: ₹3,268 crore from major investors - **Expected Listing Date**: November 10, 2025 ### Conclusion: Lenskart's IPO as a Landmark Event In summary, **Lenskart's IPO represents a significant milestone in the Indian consumer tech landscape**, aiming to raise substantial capital for expansion while attracting considerable investor interest. The initial subscription rate of 67% on the first day indicates strong market confidence in the company's growth potential. As Lenskart prepares for its listing on November 10, the outcome of this IPO could set a precedent for future offerings in the sector. 1. **IPO Launch**: Opened on October 31, 2025. 2. **Subscription Status**: 67% subscribed on Day 1. 3. **Future Plans**: Expansion with a target valuation of ₹70,000 crore. 4. **Listing Date**: Expected on November 10, 2025. For further details, visit the sources: [https://groww.in/blog/lenskart-ipo-day-1], [https://www.thehindubusinessline.com/markets/lenskart-ipo-opens-today-at-rs-382-402-price-band/article70224090.ece], [https://www.bhaskarenglish.in/business/news/investors-will-be-able-to-invest-from-a-minimum-of-14874-and-the-company-will-raise-7278-at-valuation-of-70000-crore-136299396.html].