Lenskart’s $828 Million IPO Sees Full Subscription on Day One

Lenskart Solutions Ltd. launched its initial public offering (IPO) on October 31, 2025, aiming to raise ₹72.78 billion (approximately $828.8 million). According to exchange data, the IPO was fully subscribed on Day 1, signaling strong demand from institutional and retail investors. The offering includes a mix of fresh equity worth ₹21.5 billion and an offer-for-sale of 127.6 million shares by existing stakeholders, including founder Peyush Bansal.

The price band has been set between ₹382 and ₹402 per share. Backed by marquee investors like SoftBank and KKR, Lenskart’s IPO is one of the largest in India’s consumer tech sector this year. The subscription window remains open until November 4.

Key highlights:

• IPO size: ₹72.78 billion ($828.8 million)  
• Fully subscribed on Day 1 of bidding  
• Price band: ₹382–₹402 per share  
• Offer includes fresh issue and offer-for-sale  
• Subscription open until November 4  

Sources: Investing.com, ICICIdirect, Finshots