# Everything you need to know about the Lenskart Solutions IPO
**URL:** https://tradingqna.com/t/everything-you-need-to-know-about-the-lenskart-solutions-ipo/188144
**Category:** IPOs
**Created:** [October 27, 2025, 9:06am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-lenskart-solutions-ipo/188144 "2025-10-27T09:06:55Z")
**Posts on this page:** 2
**Page:** 1
### Author:  [@Shruthi](https://tradingqna.com/u/Shruthi)
#### Post date: [October 27, 2025, 9:06am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-lenskart-solutions-ipo/188144/1 "2025-10-27T09:06:55Z")
### About
Lenskart is a tech-driven eyewear company and India’s largest seller of prescription eyeglasses by volume in FY25. It designs, manufactures, and retails affordable eyewear through a direct-to-consumer model with 2,723 stores across India and international markets. Known for its in-house designs and omnichannel presence, Lenskart owns centralized production facilities enabling quick delivery and quality control. It reported ₹6,652 crore revenue in FY25, up 22.6% YoY.
[ ](https://www.youtube.com/watch?v=vJ2BbpXJEz8)
### IPO schedule
| Issue open date | 2025-10-31 |
| --- | --- |
| Issue close date | 2025-11-04 |
| UPI mandate deadline | 2025-11-04 (5 PM) |
| Allotment finalization | 2025-11-06 |
| Refund initiation | 2025-11-07 |
| Share credit | 2025-11-07 |
| Listing date | 2025-11-10 |
| Mandate end date | 2025-11-19 |
| Lock-in end date for anchor investors (50%) | 2025-12-06 |
| Lock-in end date for anchor investors (remaining) | 2026-02-04 |
### Financials
| **Financial Year Ended** | **March 2024** | **March 2025** | **June 2025** |
| --- | --- | --- | --- |
| Total Assets | 9531.02 | 10471.02 | 10845.68 |
| Revenue | 5609.87 | 7009.28 | 1946.10 |
| Profit After Tax | -10.15 | 297.34 | 61.17 |
## Issue size
| **Funds Raised in the IPO** | **Amount** |
| --- | --- |
| Overall | ₹7278.02 crores |
| Fresh Issue | ₹2150 crores |
| Offer for sale | ₹5128.02 crores |
## Utilisation of proceeds
| **Purpose** | **INR crores (%)** |
| --- | --- |
| Capital expenditure towards the set-up of new CoCo stores in India | 272.62 (12.68%) |
| Expenditure for lease/rent/license agreements for the stores | 591.44 (27.51%) |
| Investing in technology and cloud infrastructure | 213.38 (9.93%) |
| Brand marketing and business promotion expenses for enhancing brand awareness | 320.06 (14.89%) |
## Strengths
- India’s largest seller of prescription eyeglasses by volume in FY25.
- Own brand portfolio with 105 in-house collections launched in FY25.
- Strong omnichannel network with 2,723 stores and over 100 million app downloads.
- Centralized and tech-enabled supply chain with quick delivery capabilities.
- International presence across Asia, including Singapore, the UAE, and Japan.
## Risks
- High dependence on India for revenue; limited international contribution so far.
- Faces intense competition from online and offline eyewear players.
- Incurred losses in FY23 and FY24; profitability depends on scaling.
- Subject to risks related to rapid expansion and supply chain management.
- Relies on continuous tech investment; any disruption may affect operations.
## Allotment Status for Lenskart Solutions
To check your allotment status - [click here.](https://in.mpms.mufg.com/)
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### Author:  [@mohitmehra](https://tradingqna.com/u/mohitmehra)
#### Post date: [October 31, 2025, 5:13am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-lenskart-solutions-ipo/188144/2 "2025-10-31T05:13:09Z")
The Lenskart IPO opens today. A day before an IPO opens, companies can raise “anchor” investments from mutual funds and other institutional investors. Fifty-nine institutions participated in Lenskart’s anchor book, committing a total of ₹1,155 crore.
Of these anchor investments, 50% will be locked in for 30 days, and the remaining 50% for 90 days after the IPO allotment.
Check out the full list below:
[Lenskart Solutions Limited - Company Anchor Intimation Letter.pdf](https://tradingqna.com/uploads/short-url/ej4TQfMNaFN3S1uossyT3HdF2Eo.pdf) (791.4 KB)