Lenskart IPO Listing: Peyush Goyal's Eyewear Giant Lists At Discount On BSE, NSE; Buy For Long Term Or Sell?

Lenskart Solutions IPO Listing: The Peyush Goyal-backed eyewear giant witnessed a weak listing on BSE and NSE on November 10. Lenskart IPO listed at nearly 2% discount on NSE and 3% discount on BSE compared to their IPO issue price. As per expert, investors are cautious due to concerns of high valuation and recent losses in Lenskart. The company is listed under specialty realty category on stock exchanges.

Lenskart Solutions IPO Share Price BSE:

Lenskart listed at 2.98% discount on BSE to Rs 390 per share compared to the IPO issue price of Rs 402 per share. On BSE, at the time of writing, the stock traded at Rs 408.95 apiece, which was 1.73% up from IPO price and nearly 5% up from listing price. Its current market capitalisation stood at Rs 70,227.55 crore.

The stock's 52-week high and low is at Rs 409 apiece and Rs 355.70 apiece respectively. Meanwhile, the upper price and lower price band is fixed at Rs 467.95 apiece and Rs 312 apiece respectively. The stock is going to have 20% circuit limit. It is trading under B category on BSE.

Lenksart Share Price NSE:

On NSE, Lenskart listed at 1.74% discount to Rs 395 per share compared to the IPO price. At the time of writing, the stock traded at Rs 409.45 apiece, which is higher by nearly 0.9% from IPO price but climbed by 3.7% from listing price. Its market cap here is at Rs 70,348.99 crore.

Post listing, Lenskart's 52-week high and low is set at Rs 409.90 apiece and Rs 356.10 apiece respectively. Meanwhile, its 20% upper and lower circuit is fixed at Rs 474 apiece and Rs 316 apiece respectively on NSE.

What Should Investors Do In Lenskart IPO?

"Lenskart Solutions Limited made a tepid debut on the stock market with a listing of approximately -1.74% over its issue price of 402, indicating a muted response despite strong brand visibility and market dominance in the eyewear segment," said Shivani Nyati, Head of Wealth at Swastika Investmart Ltd.

The expert highlighted that Lenskart is one of India's largest omni-channel eyewear retailers with a strong online presence and over 2,500 retail stores globally, offering prescription glasses, sunglasses, and contact lenses under its private labels.

Also, the company's strengths lie in its vertically integrated model, in-house manufacturing, aggressive store expansion, and data-driven supply chain. Its premium brand perception, subscription-based revenue stream (Lenskart Gold membership), and rising penetration in Tier-II and Tier-III markets have positioned it as a category leader in India's fast-growing organized eyewear market.

However, the expert added that concerns around high valuation, recent losses, and competitive intensity weighed on short-term sentiment despite the IPO receiving solid institutional interest backed by expectations of strong growth in international markets and improving margins.

To investors, Nyati suggested that they can consider holding allotted shares for the medium to long term, supported by earnings visibility and expanding store footprint, with a stop loss around Rs 350 and Short-term traders may exit the position and look for better opportunities elsewhere.

Lenskart launched its Rs 7,278.76 crore IPO from October 31st to November 4, 2025. The price band was fixed at Rs 382 to Rs 402 per share. On the final day of listing, the IPO oversubscribed by 28.26x. The highest bidders were Qualified Institutional Buyers(QIBs) with over 40.35x subscription, followed by Non-Institutional Investors (NIIs) with 18.23x subscription. The portion to retail category oversubscribed by 7.54x.

Established in 2008, Lenskart is a technology-focused eyewear company involved in the design, manufacturing, branding, and retail of prescription eyeglasses, sunglasses, contact lenses, and accessories.

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