Lenskart Share Price Highlights: Stock ends at ₹404.55 on NSE, marginally higher than IPO price

Lenskart Share Price Highlights: Lenskart share price ended listing day at ₹Lenskart on NSE, a 0.63% premium to the IPO price of ₹402, and at ₹403.30 on BSE, a 0.32% premium.

Lenskart Share Price LIVE: 50% of the equity shares allotted to anchor investors under the anchor investor portion shall be locked-in for a period of 90 days from the date of allotment and the remaining equity shares allotted to anchor investors under the anchor investor portion shall be locked-in for a period of 30 days from the date of allotment.

Lenskart Share Price LIVE: Harshal Dasani, Business Head, INVAsset PMS, said that at current levels, valuations remain stretched, with the stock trading at a steep multiple relative to both domestic and global peers.

“ Near-term earnings visibility is limited as Lenskart continues to invest heavily in expansion, marketing, and technology integration. Given the combination of rich pricing and moderate listing sentiment, it may be prudent for investors to book profits where available and await more attractive entry points once fundamentals catch up,” said Dasani.

Lenskart Share Price LIVE: Seema Srivastava, Senior Research Analyst at SMC Global Securities underscored that Lenskart has an integrated business model and a dominant position in India’s organised eyewear market. The company’s vertical integration—from manufacturing frames and lenses to retailing through an omnichannel network—enables cost efficiency, quick delivery, and strong scalability.

“With a robust FY25 performance marked by ₹6,652 crore revenue and improved 14.6% EBITDA margin, Lenskart appears well-placed to benefit from the expanding eyewear market in India and abroad. Its focus on innovation, smart eyewear, and technology-driven customer experience strengthens its long-term growth outlook,” Srivastava said.

Lenskart Share Price LIVE: Lenskart IPO price band was ₹382 to ₹402 per share. The company raised ₹7,278.02 crore from the public issue which was a combination of fresh issue of 5.35 crore equity shares worth ₹2,150 crore, and an offer-for-sale (OFS) component of 12.76 crore shares amounting to ₹5,128.02 crore. Lenskart IPO was subscribed 28.26 times in total, NSE data showed.

Lenskart Share Price LIVE: Lenskart share price gained over 4% from its listing price on NSE. The stock gained as much as 4.75% from its listing price to a high of ₹413.75 apiece on the NSE.

Lenskart Share Price LIVE: Ambit Capital expects Lenskart to deliver ~20% revenue CAGR over FY25–28 led by India expansion and rising global scale. GM gains and operating leverage should drive ~630bps Pre-IND AS 116 EBITDAM expansion (450bps vs proforma). However, as eyewear is a made-to-order category, scaling requires capacity investments (~65% utilization vs ~80% for other categories), which along with goodwill keep the balance sheet heavy. With capex of ~ ₹20 billion over FY25–28E, FCF will turn positive only in FY28E.

While its higher growth profile justifies premium vs retail universe, the implied ~55× FY28E Pre-IND AS EV/EBITDA for India, 15-30% above Trent & Nykaa BPC, is unwarranted given lower RoCE/RoIC of ~9%/~13% vs peers’ 35-40% with similar revenue growth. CMP of ₹402 embeds 18% 2-decade revenue CAGR, implying ~60% of EssilorLuxottica’s (scale, multi-banners, brands, R&D) current MS in retail, Ambit Capital said.

It has a ‘Sell’ rating on Lenskart shares with a target price of ₹337 apiece, implies 45×/22× EV/EBITDA for India/international.

Lenskart Share Price LIVE: Lenskart made a muted market debut, reflecting investor caution despite the company’s strong brand recall and solid growth story. At a valuation of nearly ₹70,000 crore, expectations are already high. The flat listing and the collapse in grey market premium from around ₹100 to almost nil show that the market is looking for earnings visibility rather than just growth narratives. Lenskart is a strong business with a powerful brand — but now it must prove that its profitability is durable and its valuation is justified, said Ishan Tanna, Equity Research Analyst at Ashika Institutional Equity Research.

Lenskart Share Price LIVE: Lenskart share price witnessed significant buying interest from day’s low levels after the muted debut. The stock jumped as much as 6.10% from its listing price and 2.93% from its issue price to ₹413.80 apiece on the BSE.

Lenskart Share Price LIVE: Despite a strong subscription of nearly 28 times, Lenskart IPO listing fell short of the euphoria seen in other consumer-tech IPOs, underscoring valuation fatigue and a cooling grey-market premium in the days before debut. At current levels, valuations remain stretched, with the stock trading at a steep multiple relative to both domestic and global peers. Near-term earnings visibility is limited as Lenskart continues to invest heavily in expansion, marketing, and technology integration, said Harshal Dasani, Business Head, INVAsset PMS.

Given the combination of rich pricing and moderate listing sentiment, Dasani advises investors to book profits where available and await more attractive entry points once fundamentals catch up.

“While the company’s long-term story — built around market leadership, omnichannel distribution, and brand strength — remains intact, the short-term setup looks unconvincing. The market’s initial reaction highlights a growing investor preference for profitability and cash flow stability over high-growth narratives. For now, sentiment favors caution rather than conviction,” Dasani said.

Lenskart Share Price LIVE: Lenskart share price rises above the issue price. The stock rose 0.7% to ₹404.80 apiece as against its issue price of ₹402 per share. Lenskart shares were up 3.8% from its listing price of ₹390 per share.

Lenskart Share Price LIVE: Lenskart Solutions made a tepid debut on the stock market with a listing of approximately -1.74% over its issue price of ₹402, indicating a muted response despite strong brand visibility and market dominance in the eyewear segment. While concerns around high valuation, recent losses, and competitive intensity weighed on short-term sentiment, the IPO received solid institutional interest backed by expectations of strong growth in international markets and improving margins, said Shivani Nyati, Head of Wealth at Swastika Investmart Ltd.

Investors allotted shares may consider holding for the medium to long term, supported by earnings visibility and expanding store footprint, with a stop loss around ₹350 and short-term traders may exit the position and look for better opportunities elsewhere, Nyati suggested.

Lenskart Share Price LIVE: Lenskart share price fell over 11% from its issue price, but saw a sharp recovery from its lows. After listing at a 3% discount, Lenskart shares witnessed heavy selling pressure and declined as much as 11.51% from its issue price to a low of ₹355.70 per share. However, the stock saw buying and rose to a high of ₹400.90, up 2.79% from its listing price, but still down 0.27% from its issue price.

Lenskart Share Price LIVE: Lenskart shares got listed at ₹395 apiece on NSE, a discount of ₹7.00, or 1.74% to the IPO price of ₹402 per share.

Lenskart Share Price LIVE: Lenskart shares made a muted debut in the Indian stock market today. Lenskart share price got listed at ₹390.00 apiece on the BSE, a discount of ₹12.00, or 2.99%, to the issue price of ₹402 per share.

Lenskart Share Price LIVE: Despite the market buzz, the Lenskart IPO appears overhyped and overvalued. The grey market premium, once suggesting healthy listing gains of around 25%, has slumped sharply in recent days, pointing to growing caution among traders. At the upper price band, Lenskart trades at an eye-watering 235–260× FY25 earnings and around 70× EV/EBITDA, far above even mature consumer-tech peers. Margins remain thin, and profitability is still at a nascent stage. The company’s rapid expansion and omnichannel model offer promise, but the valuation already discounts years of execution risk, said Harshal Dasani, Business Head, INVasset PMS.

In an industry still fragmented and highly price-sensitive, this IPO looks more sentiment-driven than fundamentally compelling. While subscription numbers look spectacular, investors chasing listing gains may be in for muted returns. The excitement is real — but so are the risks, he added.

Lenskart Share Price LIVE: The trend for Lenskart shares in the grey market is subdued. Lenskart IPO GMP today has fallen to ₹10 per share, according to market experts. This indicates that in the grey market, Lenskart shares are trading higher by ₹11 apiece than their issue price.

Lenskart IPO GMP today signals that the estimated listing price of the shares would be ₹412 apiece, which is at a premium of 2.5% to the issue price of ₹402 per share.

The eyewear company raised ₹7,278.02 crore from the public issue which was a combination of fresh issue of 5.35 crore equity shares worth ₹2,150 crore, and an offer-for-sale (OFS) component of 12.76 crore shares amounting to ₹5,128.02 crore.

Lenskart Share Price LIVE: Lenskart shares are set to list in the India stock market today, 10 November 2025, after its initial public offering (IPO) received stellar investors’ demand. Lenskart IPO listing date is 10 November 2025, Monday.