The much-anticipated stock market debut of Lenskart Solutions Ltd finally arrived on Monday, November 10, 2025, as the eyewear giant's shares began trading on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). This listing follows a highly successful initial public offering that attracted strong investor interest during its subscription period.
IPO Timeline and Key Dates
Under the leadership of founder Peyush Bansal, Lenskart's public issue opened for subscription from October 31 to November 4, 2025. The company completed the allotment process on November 6, setting the stage for today's historic listing. The eyewear retailer, which has revolutionized vision care in India, priced its shares at ₹402 per share for the public offering.
Grey Market Signals Muted Opening
Despite the initial excitement surrounding the IPO, market indicators suggest a tempered response on listing day. The grey market premium (GMP) for Lenskart shares has declined to ₹10 per share, according to market analysts. This indicates that in the unofficial grey market, Lenskart shares are trading at approximately ₹412 per share, representing a modest premium of just 2.5% over the issue price.
Financial experts and market analysts have expressed expectations of a muted or flat listing for the eyewear company. The subdued GMP trend reflects cautious market sentiment despite the company's strong brand recognition and market position in the eyewear industry.
What Investors Should Watch
The listing represents a significant milestone for Lenskart, which has grown from a single store to becoming India's largest eyewear retailer. However, the current market conditions and grey market signals suggest that investors might witness a conservative opening rather than a spectacular debut. Market participants are advised to monitor the stock's performance closely throughout the trading session and consider the company's long-term growth prospects rather than focusing solely on the initial listing gains.
As Lenskart joins the ranks of publicly traded companies, all eyes will be on how the market values this homegrown success story that has transformed how Indians buy glasses and contact lenses.