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Lenskart's IPO sails through on Day 1

November 01, 2025

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Business Standard

Nifty gained 4.5% in October, settling just 2.1% below its all-time high seen in September last year

- PRESS TRUST OF INDIA

The initial public offering (IPO) of eyewear retailer Lenskart Solutions sailed through on the first day of bidding on Friday, driven by institutional buyers’ and retail investors’ demand.

The %7,278 crore IPO received bids for 11,22,94,482 shares against 9,97,61,257 shares on offer, translating into 1.13 times subscription, according to NSE data.

Among investors’ categories, qualified institutional buyers (QIBs) part attracted 1.42 times subscription, while the quota for retail individual investors (RIs) got subscribed 1.12 times. The category for non-institutional investors received 30 per cent subscription.

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