Lenskart IPO price band set at Rs 382–402 per share; check issue size, key dates, other details

Eyewear retailer Lenskart is set to make its long-awaited market debut, with its initial public offering (IPO) opening for subscription on Friday, October 31, and closing on Tuesday, November 4. The company has fixed the price band at Rs 382–402 per equity share of face value Rs 2, aiming to raise fresh capital while providing a significant exit opportunity for early investors.Backed by billionaire Radhakishan Damani, Lenskart’s IPO is among the most anticipated of the year in India’s fast-growing consumer-tech space. The anchor investor allocation is scheduled for Thursday, October 30. The lot size has been set at 37 equity shares, with bids to be made in multiples thereof.

Lenskart IPO Issue Size
The company plans to raise Rs 2,150 crore through a fresh issue of shares, while promoters and early investors will offload 12.75 crore shares via an offer for sale (OFS). Proceeds from the fresh issue will be used to expand company-owned stores, strengthen technology infrastructure, and boost brand and marketing initiatives.

The IPO follows a Rs 90 crore pre-IPO investment from Radhakishan Damani, founder of DMart, underscoring investor confidence in Lenskart’s growth potential. The eyewear firm’s existing investors include SoftBank, Temasek, Kedaara Capital, and Alpha Wave Ventures.

With this offering, Lenskart’s IPO is set to become the fourth-largest public issue of 2025, after Tata Capital, HDB Financial Services, and LG Electronics.
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