The much-anticipated Initial Public Offering (IPO) of eyewear major Lenskart Solutions has moved into the final stages, with the basis of allotment expected to be finalised today, November 6. Following a robust subscription period that saw the public issue oversubscribed by a significant margin, investors are now eagerly awaiting the status of their applications ahead of the scheduled listing.
Strong Subscription Signals High Demand
The ₹7,278 crore IPO, which was a mix of a fresh issue and an Offer For Sale (OFS), closed on November 4, drawing overwhelming interest from all investor categories.
Overall Subscription: The issue was subscribed over 28 times the shares on offer, reflecting strong confidence in the company’s omnichannel model and market leadership.
Category-wise Demand: The Qualified Institutional Buyers (QIB) segment led the way with a subscription of over 40 times, followed by Non-Institutional Investors (NII) at over 18 times, and the Retail Individual Investors (RII) segment subscribing over 7.5 times.
Given the heavy oversubscription, especially in the retail segment, the allotment process will be keenly watched as investors compete for a limited number of shares.
How to Check Lenskart IPO Allotment Status
Applicants can check their allotment status online through three primary platforms once the basis of allotment is officially finalised.
1. Via the IPO Registrar Website
The registrar for the Lenskart IPO is MUFG Intime India Private Limited (formerly Link Intime India Pvt Ltd). This is often the quickest way to confirm the status.
Visit the Registrar’s Website: Go to the official MUFG Intime India IPO allotment page.
Select the IPO: Choose “Lenskart Solutions Limited” from the drop-down menu of available issues.
Enter Details: Select one of the three options: PAN Card, Application Number, or DP/Client ID.
Submit: Enter the required details and complete the CAPTCHA verification, then click ‘Submit’ to view your status.
2. Via the BSE Website
Visit the BSE IPO Status Page: Navigate to the dedicated IPO Allotment page on the Bombay Stock Exchange (BSE) website.
Select Issue Type: Choose ‘Equity’ under the Issue Type.
Select Issue Name: From the drop-down menu, select “Lenskart Solutions Limited”.
Enter Application Details: Enter either your Application Number or PAN Number.
Search: Complete the ‘I am not a robot’ verification (if prompted) and click ‘Search’.
3. Via the NSE Website
Visit the NSE IPO Status Page: Go to the IPO application tracking page on the National Stock Exchange (NSE) website.
Select Issue Name: Choose “Lenskart” (or Lenskart Solutions) from the list.
Enter Details: Provide your PAN and Application Number.
Submit: Click ‘Submit’ to check the allotment status.
Grey Market Premium (GMP) Before Listing
The Grey Market Premium (GMP) is an unofficial indicator of investor sentiment and potential listing gains, representing the premium at which IPO shares are trading in the unlisted market.
Latest GMP: As of the latest reports on the day of allotment finalisation, the Lenskart IPO GMP is hovering around ₹39 to ₹45 per share.
Estimated Listing Price: Considering the upper end of the IPO price band at ₹402 per share, the current GMP suggests an estimated listing price between ₹441 and ₹447.
Potential Listing Gain: This premium translates to an expected listing gain of approximately 9.7% to 11.2% over the issue price.
Important Note:The GMP is not an official market indicator and is subject to daily fluctuations based on market sentiment and broader stock market trends. Investors should not rely solely on GMP for investment decisions.
Key Post-Allotment Dates
Event
Tentative Date (November 2025)
Basis of Allotment Finalisation
November 6 (Today)
Initiation of Refunds
November 7
Credit of Shares to Demat Account
November 7
IPO Listing Date (BSE & NSE)
November 10
All eyes are now on the official finalisation of the allotment and the subsequent listing on November 10, as the market anticipates the debut of one of India’s leading consumer-tech brands.