Lenskart IPO GMP: What You Need to Know

Are you curious about the Lenskart IPO GMP and what it means for investors? Wondering about Lenskart’s market share and how it stacks up in India’s growing eyewear market? Or perhaps you’re interested in the best trading course in India to make the most of opportunities like these? You’re in the right place!

When it comes to investing in IPOs, particularly one as talked-about as Lenskart, understanding terms like GMP (Grey Market Premium), market share, and valuation dynamics is crucial. Plus, knowing where to learn trading can give you an edge if you want to capitalize on such opportunities.

 Explore Lenskart IPO GMP, market share, and learn about the best trading course in India for smart IPO investing and trading success.

What is Lenskart IPO GMP?

The Grey Market Premium (GMP) for the Lenskart IPO is the extra amount investors are willing to pay in the unofficial market above the IPO price before the actual stock listing. For Lenskart, the GMP has been hovering around 14% to 21% recently, indicating strong demand from investors even before the shares hit the official stock exchange.

Think of GMP like a popularity meter—if many people want a ticket to a concert, but limited seats are available, the ticket prices in secondary markets go up. Similarly, a higher GMP reflects the excitement and demand for Lenskart’s shares.​

How Does GMP Affect IPO Investments?

GMP gives investors a sneak peek into the expected listing gains of an IPO. If GMP is high, it usually means investors expect the stock to list at a price above the IPO price, giving early investors quick profits.

However, GMP is unofficial and can be volatile. It should not be the sole factor in decision-making but used alongside company fundamentals and market trends. In Lenskart’s case, the GMP indicated a premium listing, but investors must assess sustainability and risk.​

Lenskart IPO Price Band and Issue Size

The IPO price band for Lenskart was set between ₹382 to ₹402 per share, with a combined issue size of around ₹7,278 crore. It includes fresh shares issuance and offer for sale by existing shareholders.

Investors had the option to subscribe to a minimum lot of 37 shares, which required roughly ₹15,000 investment. The IPO subscription saw impressive demand with oversubscription on day 2, reflecting investor confidence.​

Lenskart’s Market Share in Eyewear

Lenskart currently holds about a 4-6% market share in India’s prescription eyewear segment, which is highly fragmented and largely unorganized. With roughly 2,000 stores in India and over 2,500 worldwide, it is India’s largest omnichannel eyewear retailer.

The company’s market strategy leverages technology like virtual try-ons and home eye tests, setting it apart from traditional optical stores. There’s significant growth potential given the underpenetrated eyewear market.​

Why is Lenskart’s IPO So Popular?

Besides its leadership in eyewear retail, Lenskart’s IPO gains popularity due to its positioning as a technology-driven company with a scalable model. Its aggressive expansion both domestic and international attracts investor interest.

Additionally, Lenskart’s robust backing by marquee investors and strong brand recognition contribute to high subscription rates and a positive GMP.​

Financial Health and Growth Prospects

Lenskart has witnessed impressive revenue growth over recent years—jumping from ₹967 crore in FY2020 to over ₹5,400 crore in FY2024. Their FY2023 revenue doubled compared to FY2022, indicating rapid scaling.

The company showed a modest net profit of around ₹300 crore in FY2025, though much of the valuation is based on future growth potential rather than current profits, making it essential for investors to watch operational sustainability.​

Lenskart’s Business Model Explained

Lenskart operates on an omnichannel model combining e-commerce with extensive physical retail stores. This hybrid model offers customers online convenience paired with in-store services like eye tests and immediate product availability.

Their technological innovations, such as virtual try-on and home eye exams, enhance customer engagement and differentiate Lenskart in the eyewear market.​

The Impact of Lenskart’s International Expansion

About 40% of Lenskart’s revenue in FY2024 came from international markets including Japan, Singapore, Taiwan, and the Middle East. The acquisition of Japanese eyewear brand Owndays accelerated their presence in East Asia, and expansion plans in Southeast Asia aim to open hundreds of stores.

This global footprint signals Lenskart’s ambition to become a leading eyewear player beyond India’s borders.​

Risks Associated with Investing in Lenskart IPO

While the IPO shows promise, risks include its high valuation (~₹70,000 crore) with limited current profitability, operational costs, international competition, and market volatility.

Investors must consider if Lenskart can sustain margins and growth amid competition and rising expenses. Market sentiment and GMP fluctuations also play a role.​

How to Apply for Lenskart IPO?

Interested investors can apply through stock brokerage platforms during the subscription window, which closes on November 4, 2025.

Minimum application is 37 shares, and allotments are expected around November 5, with listing anticipated around November 10. Make sure your demat account is active to participate.​

Best Trading Course in India to Learn IPO Investing

If you want to understand IPOs better and sharpen your trading skills, courses like Trading in the Zone by Get Together Finance (Trendy Traders Academy) and Zerodha Varsity’s Trading Academy stand out as top choices.

These courses simplify complex concepts, offer practical insights, risk management strategies, and real-world examples, making them ideal for beginners and intermediate investors.​

Tips for New Investors in IPOs

• Do thorough research on the company fundamentals.
• Check GMP but don’t rely solely on it.
• Monitor financial health and growth prospects.
• Diversify your investment to manage risk.
• Use trusted trading platforms and learn continuously.

What Experts Are Saying About Lenskart IPO?

Experts appreciate Lenskart’s market leadership and growth potential but caution about high valuations and sustainability.

Many compare it to successful tech-driven IPOs like Zomato and Nykaa, emphasizing its potential as a technology-enabled retail company with scalable growth but advise close monitoring post-listing.​

Lenskart IPO Listing and What to Expect

The IPO is set for listing on stock exchanges around November 10, 2025. Given the GMP trends, investors can expect a premium listing but market conditions at that time will also influence the performance.

It will be interesting to see if Lenskart lives up to investor expectations post-listing.​

Conclusion and Final Thoughts

The Lenskart IPO represents a significant opportunity in India’s eyewear and retail tech space. With strong demand reflected by a robust GMP and lenskart market share growth, the company is poised for further expansion.

However, as with any investment, especially in high-growth IPOs, careful evaluation of financials, risks, and market conditions is essential. Pairing this with learning from the best trading courses can help investors navigate IPO investment with confidence.

FAQs About Lenskart IPO, GMP, and Trading

Q1: What does GMP mean in the context of Lenskart IPO?
GMP stands for Grey Market Premium, an unofficial price premium investors pay above the IPO price before listing.

Q2: How much market share does Lenskart hold in India?
Lenskart holds approximately 4-6% market share in India’s eyewear segment.

Q3: When will the Lenskart IPO listing happen?
The IPO listing is expected around November 10, 2025.

Q4: Is the high GMP a guarantee of profits for Lenskart IPO investors?
No, GMP indicates demand but not guaranteed profits; it is important to assess company fundamentals.

Q5: Which is the best trading course in India to learn about IPO investing?
Courses like Trading in the Zone by Trendy Traders Academy and Zerodha Varsity’s Trading Academy are considered among the best.