Lenskart IPO GMP - Live Grey Market Premium

Listed
Lenskart IPO

Lenskart Solutions Limited, founded in 2008, is a tech-led eyewear company and one of Asia’s two largest organized eyewear retailers by B2C sales volume in FY25. The company is involved in designing, manufacturing, branding, and selling eyewear products, including prescription glasses, sunglasses, contact lenses, and accessories, all under its own brands. Lenskart operates a successful omnichannel network of mobile apps (over 100 million downloads) and 2,806 stores worldwide (2,137 in India). It boasts a vertically integrated model, strong in-house R&D, and manufacturing capabilities, allowing for a direct-to-consumer approach. In FY25, Lenskart served nearly 10 million customers in India and achieved a net profit of ₹297.34 crore, reversing previous losses.

Issue Price
402
Current GMP
10
GMP %
+2.49
Est. Listing Price
412
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IPO Details

Price Range
₹382.0 - ₹402.0
Issue Size
₹7278.00 Cr
Lot Size
37 shares
IPO Type
Mainboard
Open Date
31 Oct 2025
Close Date
4 Nov 2025
Allotment Date
6 Nov 2025
Listing Date
10 Nov 2025

GMP Timeline

DateIPO PriceGMPEst. Price% Change
6 Nov 2025Live
402
30
432
+7.46
5 Nov 2025
402
45
447
+11.19
4 Nov 2025
402
39
441
+9.70
3 Nov 2025
402
59
461
+14.68
1 Nov 2025
402
85
487
+21.14
31 Oct 2025
402
95
497
+23.63
30 Oct 2025
402
70
472
+17.41
29 Oct 2025
402
48
450
+11.94
28 Oct 2025
402
73
475
+18.16
27 Oct 2025
402
108
510
+26.87
26 Oct 2025
402
75
477
+18.66
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Important Notes About Grey Market Premium

Grey Market Premium (GMP) is an unofficial value that indicates investor sentiment before the IPO listing. It is the premium amount at which IPO shares are traded in the grey market before they are officially listed on the stock exchange.

GMP fluctuates based on market conditions and investor sentiment. A positive GMP suggests the market expects the stock to list above its issue price, while a negative GMP suggests it may list below the issue price.

The actual listing price may differ from the estimated price based on GMP due to market conditions on the listing day. GMP is not an official indicator and should not be the sole basis for investment decisions.

IPOwiz updates the GMP values regularly, but these values are sourced from unofficial channels and should be used as a reference only.

Frequently Asked Questions

What is GMP (Grey Market Premium)?
GMP (Grey Market Premium) is the premium at which IPO shares are traded in the unofficial market before official listing. It indicates market sentiment and expected listing price. A positive GMP suggests strong demand, while negative GMP indicates weak market sentiment.
What is the current GMP for Lenskart IPO?
The current GMP for Lenskart IPO is ₹10. This represents a 2.49% premium over the issue price of ₹402.
What is the estimated listing price based on current GMP?
Based on the current GMP of ₹10 and issue price of ₹402, the estimated listing price for Lenskart IPO is ₹412. However, the actual listing price may differ based on market conditions on 10 November 2025.
How is GMP calculated?
GMP is determined by market demand and supply in the unofficial grey market. It's the difference between the expected listing price and the issue price. Higher GMP indicates strong demand and investor confidence, while lower or negative GMP suggests weak demand.
Is GMP reliable for IPO investment decisions?
GMP provides market sentiment but shouldn't be the sole factor for investment decisions. It's unofficial and can change daily. Consider company fundamentals, financials, market conditions, and your risk appetite before investing. GMP is a reference indicator, not a guarantee.
Can GMP change before listing?
Yes, GMP is highly volatile and can change daily based on market conditions, subscription levels, overall market sentiment, and news about the company. The GMP you see today may be different tomorrow, and it can change until 10 November 2025.
What happens if GMP is negative?
A negative GMP indicates the stock may list below the issue price, suggesting weak market demand. However, actual listing price may differ from GMP predictions, and negative GMP doesn't guarantee a loss.
How does GMP affect IPO subscription?
High GMP often correlates with high subscription rates as investors expect good listing gains. However, this isn't always true. Some IPOs with high GMP may have lower subscription if investors are cautious. GMP reflects market sentiment, which can influence subscription behavior.
What is the estimated profit based on GMP?
For a lot size of 37 shares, the estimated profit based on current GMP of ₹10 is ₹370. This is calculated as: Lot Size × GMP × Number of Lots. Note: This is an estimate and actual listing price may vary.