“This article expresses my personal analysis based on publicly available financial data and market reports.”
Lenskart IPO GMP — what it tells us about 2025’s big listing
When you hear the name Lenskart Solutions Ltd, you probably think of stylish frames, booming online sales, and a fast-growing eyewear chain. Now imagine that same company going public — with serious attention from both small investors and big institutions. That’s the scene: the “Lenskart IPO GMP” is the buzzword on everyone’s lips.
What is “lenskart ipo gmp” and why does it matter
In simplest terms, the “GMP” or grey market premium shows how much more than the issue price people are willing to pay for an IPO before it lists. For Lenskart, the grey market has shown a premium of ₹59 (on the upper price band of ₹402) in recent trade.
That tells us two things: one, there’s excitement — investors believe the listing will be strong. And two, there’s caution — a premium doesn’t guarantee a joy-ride. Past analyses warn that the GMP reflects sentiment more than fundamentals.
Key numbers: How big is the Lenskart IPO

- Price band: ₹382-₹402 per share.
- Target raise: Around ₹7,278 crore at the upper end.
- Listing date: Shares are likely to be on the exchange around 10 Nov 2025.
- Subscription status: Retail portion is 3.33× on Day 2 (as of early Nov), overall ~2.02×.
So yes — people are applying, the market is listening.
Why the grey market premium (GMP) is moving
When Day 1 finished, the GMP was around ₹85 on the upper band, hinting at a ~21% possible listing gain. But then, more recent figures show a drop to ~₹59. That shows the optimism is still there, but a bit tempered.
Why the shift? A few reasons:
- While Lenskart’s growth story is strong, some analysts say the valuation is “rich”.
- The grey market is volatile; GMP can change fast.
- Investors are checking if the company can convert growth into sustainable profits.
What makes Lenskart’s IPO interesting
On one hand, this is more than an online spectacle. Lenskart has grown to operate thousands of stores across India and internationally. They’re a tech‐enabled service: remote eye tests, their own brands, strong supply chain.
As a consumer, I’ve walked into a store and been struck by how accessible eyewear has become. That kind of experience matters, and the IPO gives a chance to own part of that story.
On the other hand, as an investor or just someone watching, you feel the tension. Great growth potential—but premium valuation. That emotional “I hope this works” factor is part of why GMP is exciting.
The 2025 trend context: Why now?
- Post-pandemic, consumer goods and health-related retail are enjoying renewed interest. Eyewear fits both.
- India’s organised eyewear market is under-penetrated compared to global peers — meaning room to run.
- According to Reuters, IPO markets in India are lively in late 2025, and Lenskart is one of the big names.
All this means the IPO isn’t just about Lenskart—it’s about the mood of the market.
My view: Should you watch, apply, or steer clear?

Here’s how I feel, honestly:
If I were a retail investor with some spare funds and a moderate risk appetite, I’d consider applying for the IPO at the cut-off or lower band, with the mindset of medium term, not a quick flip. The business is real, the market is big. But I’d not go all-in expecting a double overnight. The valuation is already high, so upside may be more limited than it seems.
If I were a conservative investor, I might watch this one from the sidelines and wait for three or six months post-listing, see how the business performs in the public eye.
Risks you should keep in mind
- Just because GMP is ₹59 doesn’t guarantee listing at a premium.
- Supply-chain or regulatory hiccups could hit.
- The business needs to deliver on the promise of profitability and not just top-line growth.
- Market sentiment can shift rapidly in IPOs.
Conclusion
The “lenskart ipo gmp” story is one of excitement mixed with realism. We’re seeing a company people believe in strongly, but that doesn’t remove the responsibility of scrutiny. Personally, I’m cautiously optimistic: Lenskart has built something meaningful, and I’d like to see it succeed — but I’d also bring a level of restraint to my approach. After all, in the world of IPOs, hope and heat often collide.
Also Read November 2025 IPO Rush
Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not US News Weeks. We advise investors to check with certified experts before making any investment decisions.
Source : Mint & Reuters - Lenskart IPO GMP
✍️ Written by Nikhil Singh
Market & IPO Analyst | Business News Writer | Tech-Auto Observer
Nikhil has been tracking Indian IPOs, consumer brands, tech & automobile overview and financial trends since 2019. His writing style blends market insight with a relatable human voice — making complex data simple for everyday investors.







