Lenskart Solutions IPO Day 3 highlights: As of 1:27 PM, the ₹7,278 crore IPO was oversubscribed 7.14 times, driven by strong investor demand across all categories: Qualified Institutional Buyers (QIBs) at 6.57 times, Non-Institutional Investors (NIIs) at 9.39 times, and retail investors at 5.52 times. This enthusiasm underlines the positive sentiment surrounding the eyewear retailer.
The Lenskart IPO, priced between ₹382 and ₹402 per share, opened for public subscription and was fully subscribed on the first day of bidding last Friday.
IPO Details:
- Issue Size: ₹7,278 crore
- Price Band: ₹382-402 per share
- Listing Date: November 10
- Structure: Combination of fresh issue and offer for sale (OFS)
- Fresh Issue: ₹2,150 crore
- OFS: 12.75 crore equity shares from promoters and investors
Timeline Updates:
- November 4, 2025, 13:24: The live blog has concluded, with further updates accessible online.
- November 4, 2025, 12:57: Total subscription reached 5.65 times, with QIBs at 4.58 times, NIIs at 8.10 times, and retail investors at 5.22 times.
- November 4, 2025, 12:53: Seven companies, including Meesho and Shiprocket, received SEBI approval for IPOs totaling ₹7,700 crore amid a vibrant market.
- November 4, 2025, 12:52: Groww’s IPO opened today in a price band of ₹95-100, successfully raising ₹2,984.5 crore from anchor investors.
- November 4, 2025, 12:52: SAEL Industries filed for a $521 million IPO aimed at expanding its renewable energy projects.
- November 4, 2025, 11:52: Lenskart IPO subscription reached 3.49 times as of 11:45 AM, with QIBs at 1.99 times, NIIs at 5.73 times, and retail investors at 4.65 times.
- November 4, 2025, 10:50: On Day 2, the subscription showed full participation across all categories.
- November 4, 2025, 10:48: The IPO began Day 3 strong, with overall subscription at 2.38 times by 10:27 AM.
- November 4, 2025, 10:43: Investor interest remained high, with retail and NII categories seeing significant bids.
This comprehensive response underscores the robust investor appetite for Lenskart’s IPO, which reflects the company’s confidence in its growth trajectory and market reception.
