Lenskart IPO Subscription Status
Lenskart IPO closed on 4 November 2025 with an overall subscription of 28.27x based on shares applied. QIB demand came in at 40.36x, NII at 18.23x, and retail at 7.54x.
Allotment will be finalised on 6 November 2025. The stock is scheduled to list on NSE and BSE on 10 November 2025.
Issue Price
Rs 402.00
GMP Today
Rs 10.00 (+2.49%)
Overall Subscription
28.27x
Issue Size
₹7278.00 Cr
Allotment Date
6 Nov 2025
Listing Date
10 Nov 2025
Lenskart IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 402.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 2,178.35 Cr | Rs 87,909.71 Cr | 40.36x |
| FII | - | Rs 47,664.25 Cr | - |
| DFI | - | Rs 18,242.46 Cr | - |
| Mutual Funds | - | Rs 10,649.88 Cr | - |
| Other | - | Rs 11,353.12 Cr | - |
| NII | Rs 1,089.34 Cr | Rs 19,857.12 Cr | 18.23x |
| bNII (above Rs 10L) | Rs 726.23 Cr | Rs 15,839.70 Cr | 21.81x |
| Corporate | - | Rs 200.80 Cr | - |
| Individual | - | Rs 14,640.46 Cr | - |
| Other | - | Rs 998.44 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 363.11 Cr | Rs 4,017.41 Cr | 11.06x |
| Corporate | - | Rs 9.60 Cr | - |
| Individual | - | Rs 3,814.61 Cr | - |
| Other | - | Rs 193.20 Cr | - |
| Retail | Rs 726.23 Cr | Rs 5,472.69 Cr | 7.54x |
| Cut-off price | - | Rs 4,528.80 Cr | - |
| Fixed price | - | Rs 943.89 Cr | - |
| Employee | Rs 15.74 Cr | Rs 78.09 Cr | 4.96x |
| Cut-off price | - | Rs 64.74 Cr | - |
| Fixed price | - | Rs 13.35 Cr | - |
| Total | Rs 4,009.66 Cr | Rs 1,13,317.60 Cr | 28.26x |
Lenskart IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 5,41,87,724 | 2,660 | 0.00x |
| FII | - | 159 | - |
| DFI | - | 69 | - |
| Mutual Funds | - | 163 | - |
| Other | - | 2,269 | - |
| NII | 52,313 | 3,37,058 | 6.44x |
| bNII (above Rs 10L) | 34,875 | 1,51,512 | 4.34x |
| Corporate | - | 1,456 | - |
| Individual | - | 1,42,103 | - |
| Other | - | 7,953 | - |
| sNII (Rs 2L to Rs 10L) | 17,438 | 1,85,546 | 10.64x |
| Corporate | - | 361 | - |
| Individual | - | 1,76,149 | - |
| Other | - | 9,036 | - |
| Retail | 4,88,253 | 29,58,740 | 6.06x |
| Cut-off price | - | 24,24,566 | - |
| Fixed price | - | 5,34,174 | - |
| Employee | 10,585 | 37,683 | 3.56x |
| Cut-off price | - | 31,580 | - |
| Fixed price | - | 6,103 | - |
| Total | 5,47,38,875 | 33,36,141 | 0.06x |
What Do These Subscription Numbers Mean?
A subscription of 28.27x by shares means the IPO received bids for 28 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 40.36x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 40.36x, it reflects serious institutional conviction.
NII at 6.44x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 4.34x and sNII at 10.64x by applications. Share subscription was 18.23x. Allotment uses application count, not share volume.
At 6.06x subscription by applications, approximately 1 in 6 retail applicants can expect an allotment (~17% per application). Retail allotment is done by lottery when oversubscribed. Share subscription was 7.54x. Allotment uses application count, not share volume.
At 3.56x subscription by applications, approximately 1 in 4 employee applicants can expect an allotment (~28% per application). Employee reservation uses the same lottery logic as retail when oversubscribed.
Lenskart IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Application subscription: 6.06x.
- •Allotment odds: about 1 in 6 (~17% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •Share subscription was 7.54x. Allotment uses application count, not share volume.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 10.64x.
- •Allotment odds: about 1 in 11 for a minimum-lot application (~9% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
BHNI (above Rs 10 lakh)
- •Application subscription: 4.34x.
- •Allotment odds: about 1 in 4 for a minimum-lot application (~23% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 21.81x. Allotment uses application count, not share volume.
Check the Lenskart IPO Allotment Status page from 6 November 2025 for your allotment result.
Lenskart IPO GMP After Subscription
GMP for Lenskart IPO stands at Rs 10.00 today, giving an estimated listing price of Rs 412.00 per share.
The GMP has moved lower from Rs 75.00 on 26 Oct 2025 to Rs 30.00 on 6 Nov 2025.
A subscription of 28.27x combined with a GMP of 2.49% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Lenskart IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Lenskart IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 31 Oct 2025 | 1.42x | 0.41x | 1.32x | 1.13x |
| Day 2 - 3 Nov 2025 | 1.64x | 1.89x | 3.35x | 2.02x |
| Day 3 - 4 Nov 2025 | 40.36x | 18.23x | 7.56x | 28.27x |
Lenskart IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 31 October 2025 |
| IPO Close Date | 4 November 2025 |
| Allotment Date | 6 November 2025 |
| Refund Initiation | 7 November 2025 |
| Share Credit to Demat | 7 November 2025 |
| Listing Date | 10 November 2025 |
| Minimum Investment | Rs 14,874.00 |
| Lot Size | 37 shares |
About 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).
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Lenskart IPO Subscription FAQs
What is Lenskart IPO IPO subscription status today?
Lenskart IPO IPO subscription closed on 4 November 2025 with overall subscription of 28.27x (by shares) as of 27 June 2026, 3:17 AM IST. QIB 40.36x, NII 6.44x, Retail 6.06x.
What is the overall subscription of Lenskart IPO IPO?
Lenskart IPO IPO is subscribed 28.27x overall by shares at close on 4 November 2025. QIB 40.36x, NII 6.44x, and Retail 6.06x.
What is Lenskart IPO IPO QIB subscription?
Lenskart IPO IPO QIB (Qualified Institutional Buyers) subscription is 40.36x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Lenskart IPO IPO Retail subscription?
Lenskart IPO IPO Retail subscription is 6.06x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Lenskart IPO IPO NII subscription?
Lenskart IPO IPO NII (Non-Institutional Investors) subscription is 6.44x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Lenskart IPO IPO for retail?
At 6.06x subscription by applications, approximately 1 in 6 retail applicants can expect an allotment (~17% per application). Allotment is done by lottery. Share subscription was 7.54x. Allotment uses application count, not share volume.
When is Lenskart IPO IPO allotment date?
Lenskart IPO IPO allotment date is 6 November 2025. Check Lenskart IPO Allotment Status on IPOwiz from that day using your PAN.
When does Lenskart IPO IPO subscription close?
Lenskart IPO IPO subscription closed on 4 November 2025. No new applications are accepted after the close.
What is Lenskart IPO IPO GMP today?
Lenskart IPO IPO GMP is ₹10 today (+2.49% over issue price ₹402). See live GMP on the Lenskart IPO GMP Today page.
What is Lenskart IPO IPO issue price and lot size?
Lenskart IPO IPO issue price is ₹402 per share. Lot size is 37 shares. Minimum investment is ₹14,874 per lot. Issue size: ₹7278.00 Cr.
When is Lenskart IPO IPO listing date?
Lenskart IPO IPO listing date is 10 November 2025 on NSE and BSE. Allotment is on 6 November 2025.
How does subscription affect Lenskart IPO IPO allotment?
Allotment odds in Lenskart IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 6.44x by applications means roughly 1 in 6 for minimum-lot bids; bNII at 4.34x (~1 in 4). At 28.27x overall, competition is high.
For allotment results from 6 November 2025, visit the Lenskart IPO Allotment Status page. For listing day updates on 10 November 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.