Ahmedabad: Lenskart Solutions Limited proposes to open an initial public offering (IPO) of its equity shares with a face value of ₹2 each on Friday, October 31, 2025. The Anchor Investor Bidding Date is one working day prior to the Bid/Offer Opening Date, i.e., Thursday, October 30, 2025. The Bid/Offer Closing Date is Tuesday, November 4, 2025, the press release said.

As per the press release, “The price band of the offer has been fixed from ₹382 per equity share of face value ₹2 each to ₹402 per equity share of face value ₹2 each. Bids can be made for a minimum of 37 equity shares and in multiples of 37 equity shares thereafter. A discount of ₹19 per equity share is being offered to eligible employees bidding in the Employee Reservation Portion.”

“The offer comprises a fresh issue of equity shares aggregating up to ₹21,500 million (the ‘Fresh Issue’) and an offer for sale of up to 127,562,573 equity shares by certain existing shareholders, including Peyush Bansal, Neha Bansal, Amit Chaudhary, and Sumeet Kapahi (‘Promoter Selling Shareholders’) and SVF II Lightbulb (Cayman) Limited, Schroders Capital Private Equity Asia Mauritius Limited, PI Opportunities Fund – II, MacRitchie Investments Pte. Ltd., Kedaara Capital Fund II LLP, and Alpha Wave Ventures LP (‘Investor Selling Shareholders’). The offer includes an Employee Reservation Portion aggregating up to ₹150 million, with the balance offer size being referred to as the ‘Net Offer’,” the statement added.

The equity shares of the company are proposed to be listed on BSE Limited and the National Stock Exchange of India Limited. Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, Avendus Capital Private Limited, Citigroup Global Markets India Private Limited, Axis Capital Limited, and Intensive Fiscal Services Private Limited are the Book Running Lead Managers to the issue.