Lenskart Share Price: Shares Open Lower, Trading Starts 2–3% Below Issue Price
When Lenskart Solutions Ltd. made its debut on the stock market on Monday, November 10, 2025, it did so under mixed expectations. The shares opened slightly 2–3 percent below their issue price. Market watchers were hoping for a big jump, but got a modest start instead. We take a closer look at how things unfolded, what it means for investors, and whether the dip is a warning or a buying opportunity.
About Lenskart
Lenskart began in 2010 as an online eyewear retailer under the leadership of Peyush Bansal. Over time, it built a large brand that combines digital shopping with physical stores across India and even overseas. The company offers glasses, contact lenses, and eyewear accessories. As we watch its listing journey, we remember that it is more than just an e‑commerce firm; it is an omnichannel brand making waves in India’s organised eyewear market.
IPO Overview
Lenskart set its IPO (initial public offering) with a price band of ₹382–₹402 per share. The public issue aimed to raise ₹7,278 crore. Of this, ₹2,150 crore was a fresh issue, and the rest was an offer‑for‑sale (OFS). The IPO was open for bids from October 31 to November 4, 2025. Retail and institutional investors showed strong interest. On a day on,, the issue was already fully subscribed.
Lenskart Share Price on Listing Day
When the shares were finally listed on November 10, we saw the opening price come in below the issue price, rather than above it. Early market commentary pointed to the grey‑market premium (GMP), which had cooled significantly. For example, one article noted the GMP plunged 70 % ahead of listing other wor,s: while initial hype was high, actual market sentiment seemed cautious. Shares started trading at a modest premium or even a slight discount compared to expectations.
Why Did Lenskart Shares Open Lower?
There are a few reasons why the listing began at a weaker level:
- Valuation concerns: Lenskart’s IPO valued it at around ₹70,000 crore at the upper band. Many analysts felt the price was rich compared to current profits.
- Cooling grey market: The GMP (an unofficial indicator of listing gains) fell sharply. From early levels of Rs 95 per share premium, it went down to Rs 20–30 just before listing.
- Global and sector headwinds: Broader market sentiment in India and abroad was mixed, which can impact newly listed stocks.
- Competition and profit challenge: Eyewear retail is competitive. Even though Lenskart has grown profitability remains under scrutiny.
Company Financial Snapshot
Here are some key numbers and facts that give us context:
- The company is valued at nearly ₹70,000 crore at the upper price band, signalling high growth expectations.
- The IPO subscribed 28 times overall, showing strong demand.
- Though the company has scale, the filings highlight that raw materials and rapid store expansion cost heavily.
- While growth is strong, earnings margin improvement and consistent profit remain areas to watch.
Analyst & Market Expert Views
Analysts gave mixed signals. Some said the listing gains may be limited due to high valuation. For example, one commentary said: “The valuation is significantly high and profitability remains a question.” Others remain neutral or positive for the long term—for people willing to hold the stock and wait for growth, rather than expecting an instant jump. The key takeaway: short‑term listing gains may be modest; long-term potential depends on delivery.
Future Outlook for Lenskart
We believe that Lenskart has real potential if it executes well. Here are things to watch:
- Store and global expansion: The company plans to increase its offline footprint and grow overseas.
- Technology and cloud investment: Lenskart is putting money into tech, data, and infrastructure (e.g., cloud) to scale efficiently.
- Profitability path: Growth is good, but delivering stronger margins will be key.
- Market opportunity: With more consumers needing vision correction, the eyewear market in India is large and under‑penetrated.
If Lenskart delivers on these fronts, then the current dip may look like an opportunity.
Conclusion
The Lenskart share price began its public life a bit softer than many expected. But the story is not over. While the listing didn’t deliver a big pop, we think the real game is in what happens next. Growth, execution, and profitability will decide whether this is a smart long‑term bet. For now, the dip offers the chance to watch closely, rather than rush in.
FAQS
Lenskart IPO may be good for long-term investors who believe in the company’s growth. Short-term gains could be limited, and a high valuation makes it slightly risky for quick trading.
Yes, Lenskart is now listed on the Indian stock market. Its shares started trading on November 10, 2025, on both NSE and BSE, after the IPO was completed successfully.
Lenskart is not “3 days” or free. It is a paid service for eyewear. The company sells glasses, contact lenses, and accessories online and in physical stores.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
