Lenskart Solutions Ltd Logo

Lenskart Solutions Ltd IPO

BSELot: 37

LISTEDMAINBOARD
Issue Price402
Listing450.24
Current447
Price Band
382 - ₹402
Lot Size
37
Issue Size
₹7278.02 Cr
GMP
0
Subscription
1.13x

IPO Schedule

1
Open
31 Oct
2
Close
4 Nov
3
Allotment
6 Nov
4
Listing
10 Nov

About Lenskart Solutions Ltd

Lenskart Solutions Ltd is a prominent eyewear retailer, offering a wide range of products including eyeglasses, sunglasses, and contact lenses through online and offline channels. They have established a significant presence in the Indian eyewear market, leveraging technology and a vertically integrated supply chain.

Subscription Status

QIB
1.42x
NII
0.41x
Retail
1.32x
CategoryDay 3Day 2Day 1
QIB40.36x1.64x1.42x
NII18.23x1.89x0.41x
Retail7.56x3.35x1.32x
Total28.27x2.02x1.13x

Risk Factors

Intense competition from both online and offline eyewear retailers.
Dependence on key suppliers and potential disruptions in the supply chain.
Changes in consumer preferences and fashion trends impacting demand for eyewear products.
Relatively high P/E ratio may indicate overvaluation.