Lenskart Solutions
MAINBOARD
Listed
Price Band
₹382 - ₹402
Lot Size
37 Shares
Issue Size
₹2,150.00 Cr
Fresh Issue
₹1,505.00 Cr
OFS
₹645.00 Cr
Registrar
MUFG Intime India Private Limited
AI Sentiment Score
Listing Price
₹395.00
vs Issue: ₹402 (-1.74%)
📅 IPO Timeline
✓
Open
Oct 31, 2025
✓
Close
Nov 4, 2025
✓
Allotment
Nov 5, 2025
✓
Refund
Nov 6, 2025
✓
Demat
Nov 6, 2025
✓
Listing
Nov 7, 2025
📈 Grey Market Premium (GMP) Trendline
Daily consensus GMP movement (₹) recorded across market sources
✨ AI Analysis & Prediction
🔒 Final Reconciled Estimate
Locked post-listing with actual debut performance
Lenskart Solutions displays an established operational footprint with expanding revenue streams (32.5% CAGR) and a defensible value proposition.
💪 Strengths
- Demonstrated operational revenue trajectory with resilient top-line growth (32.5% CAGR).
- Established customer relationships and market position across target industry sectors.
- Sound operational capital returns with Return on Capital Employed (ROCE) at 8.08%.
⚠️ Weaknesses
- Exposure to input cost fluctuations and broader macroeconomic supply chain cycles.
- Working capital requirements to support continuous capacity expansion.
- Competitive landscape from both established incumbents and specialized regional players.
🚀 Opportunities
- Industry tailwinds from rising domestic capex and infrastructure spending.
- Operating leverage potential allowing margin expansion as manufacturing utilization rises.
- Geographic diversification and entry into higher-margin specialized product lines.
🛡️ Threats
- Sectoral regulatory shifts and evolving statutory compliance requirements.
- Aggressive pricing actions by domestic competitors impacting gross margins.
- Broader market equity volatility and liquidity fluctuations.
📊 Financial Overview & Growth Trajectory
Multi-year operational scale & net profitability trajectory
| Metric | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue (₹ Cr) | Rs 3,788.00 Cr | Rs 5,428.00 Cr | Rs 6,653.00 Cr | Rs 8,814.00 Cr |
| Net Profit / PAT (₹ Cr) | Rs -64.00 Cr | Rs -10.00 Cr | Rs 297.00 Cr | Rs 501.00 Cr |
| EBITDA / Op. Profit (₹ Cr) | Rs 264.00 Cr | Rs 680.00 Cr | Rs 977.00 Cr | Rs 1,754.00 Cr |
| Borrowings (₹ Cr) | Rs 934.00 Cr | Rs 2,343.00 Cr | Rs 2,740.00 Cr | Rs 3,097.00 Cr |
| Total Assets (₹ Cr) | Rs 9,462.00 Cr | Rs 9,487.00 Cr | Rs 10,390.00 Cr | Rs 14,245.00 Cr |
| ROE % | 0.00% | 0.00% | 0.00% | 0.00% |
| ROCE % | 8.08% | 8.08% | 8.08% | 8.08% |
| Debt / Equity | 0.00 | 0.00 | 0.00 | 0.00 |
Company P/E
181.0x
Industry P/E
208.1x
Debt/Equity
0.35
⚖️ Valuation Benchmark Range
🟢 Attractively Priced vs Industry Peers
Industry 208.1x
IPO 181.0x
0x (Deep Value)
281x (High Multiple)
📋 Live Subscription Status
QIB
40.35x
NII
21.81x
Retail
7.54x
Total
28.26x
🎯 Retail Allotment Probability
13.3% Odds
1 in 7.5 chance (~13.3% probability per PAN)
SEBI Rule: Under SEBI lottery allotment rules, applying for multiple lots under Retail does NOT increase your lottery odds. All valid retail applicants have identical 1-lot odds per PAN.
Updated: Sep 12, 2026 2:34 PM
💼 Issue Structure & Reservation Quota
Capital Structure
₹2,150.0 Cr
Issue Size
Fresh (70%)
OFS (30%)
Reservation Quota
100%
Allocation
QIB (50%)
NII (15%)
Retail (35%)
QIB
50.00%
Retail
35.00%
NII
15.00%
🔗 Important Links & Lead Managers
- SEBI Filings (DRHP)View on SEBI →
- SEBI Filings (RHP)View on SEBI →
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.