Big Shock: Lenskart IPO Listing Sees 3% Discount Today!

Hello everyone! If you’ve been following the stock market, you know that the word “IPO” creates a lot of excitement. And when a big brand like Lenskart decides to go public, the buzz is huge. For months, everyone was talking about the Lenskart IPO, its valuation, and the potential listing gains. Well, the day is finally here: November 10, 2025, the Lenskart listing date. But the market gave investors a surprise they didn’t expect.

Today, we’re going to break down everything that happened with the Lenskart IPO. We’ll look at the Lenskart listing price, why it opened at a discount, and what investors—especially the new ones—should think about its share price today. It’s important to understand this because it’s a great example of how IPOs don’t always give quick money, even for a famous company.

What Exactly Was the Lenskart IPO?

Before we talk about the listing, let’s quickly understand the main things about this massive IPO.

Lenskart Solutions Limited is India’s largest organized eyewear retailer. They sell glasses, sunglasses, and contact lenses both online and through their many physical stores. This mix of online and offline business is called an “omnichannel model,” and it’s a big part of their success.

The IPO was a way for Lenskart to raise a lot of money from the public. The total size of the IPO was over ₹7,200 Crores. This money was a mix of two parts:

• Fresh Issue: This part goes directly to the company to fund their future plans, like opening more stores or investing in technology.
• Offer for Sale (OFS): This part means that existing investors and founders, like Peyush Bansal and big funds like SoftBank, sold some of their shares to the public. They get the money from this sale.

The time for applying for the IPO was from October 31, 2025, to November 4, 2025.

Key Numbers of the Lenskart IPO

The Big Demand: IPO Subscription Status

Even though the final listing was disappointing, the demand for the Lenskart IPO was actually very strong. This is one of the biggest paradoxes (contradictions) in the story. People wanted the shares so much that the IPO was oversubscribed 28.27 times overall.

This means that for every 1 share Lenskart was selling, investors put in bids for almost 28 shares!

Let’s see who bought how much:

• QIBs (Qualified Institutional Buyers): These are the big funds, like mutual funds and foreign institutional investors. They subscribed their part a massive 40.35 times. This showed huge confidence from the ‘smart money.’
• NIIs (Non-Institutional Investors): These are high net-worth individuals (HNIs) and corporate bodies. They subscribed their part 18.23 times.
• RIIs (Retail Individual Investors): This is you and me, the everyday small investors. We subscribed our part a decent 7.54 times.

Because of this overwhelming demand, everyone was sure that the Lenskart listing price would be at a big premium (higher price) than the issue price. But the market had other plans.

📉 The Listing Day: Lenskart Listing Price Revealed

The Lenskart listing date was Monday, November 10, 2025. This is when the stock officially starts trading on the stock exchanges. Every investor was glued to their screens, especially on platforms like Moneycontrol and the official websites of BSE and NSE.

Here’s the moment of truth for the Lenskart listing:

Exchange	Lenskart IPO Issue Price	Lenskart Listing Price	Difference (Discount)
National Stock Exchange (NSE)	₹402	₹395	₹7 (1.74% Discount)
Bombay Stock Exchange (BSE)	₹402	₹390	₹12 (2.99% Discount)

Yes, you read that right. The shares of Lenskart, which were bought at ₹402, opened at a discount on both the NSE and BSE. This was a big shock to many investors who were expecting an easy listing gain based on the massive subscription rate.

The pre-open price on the NSE was ₹395, and on the BSE it was ₹390. This immediately set a negative tone for the day.

The Mystery of the Grey Market Premium (GMP)

If you’re new to IPOs, you might have heard the term IPO GMP or grey market premium.

• What is GMP? The Grey Market is an unofficial market where IPO shares are traded even before they are officially listed on the stock exchange. The GMP basically tells you how much demand there is for the stock and gives a hint about the possible listing price.

For Lenskart, the GMP story was like a thrilling rollercoaster ride, and this is a key part of the entire Lenskart IPO listing price puzzle.

• The Peak: When the IPO was announced, the Lenskart GMP was very high, at one point reaching almost ₹120 per share. This meant investors expected the stock to list at ₹522 (₹402 + ₹120), a huge gain of almost 30%.
• The Crash: However, in the days leading up to the Lenskart listing date, the GMP started to fall steeply. It plunged (fell sharply) almost 95% from its peak. By the morning of the listing on November 10, the Lenskart gmp today was almost zero or very low.

This rapid fall in the grey market was a clear signal that the listing would not be good. But why did this happen?

Why Did Lenskart List at a Discount? (The Market Logic)

There are several important reasons why the market decided to punish the stock, despite the great subscription numbers. This helps us understand the true meaning of the Lenskart share price.

1. Valuation Concerns: This was the main reason. Many market analysts and veterans (experienced people) felt that the Lenskart IPO share price of ₹402 was too expensive. Even though Lenskart is a great company, its valuation was considered too high compared to its profits. When a stock is highly priced, it leaves no room for listing gains, and buyers on the listing day are hesitant.
2. Weak Market Sentiment: The overall stock market mood (sentiment) on the day of the listing and in the days before was not very strong. When the secondary market (BSE and NSE) is weak, it becomes harder for new IPOs to shine.
3. The GMP Signal: The rapid drop in the Lenskart gmp indicated that the big traders who operate in the grey market lost confidence quickly. This sent a negative signal to everyone else.
4. Profitability: While Lenskart’s revenue is growing fast, its history of consistent profit has been volatile (up and down). Investors are now much more careful about “new-age” tech companies that don’t show strong, reliable profits.

The Volatility After Listing: What Happened Next?

Once the Lenskart shares started trading at a discount, the stock became very volatile.

• Initial Panic: After listing at ₹395 (NSE), the Lenskart stock price immediately slid further, falling by almost 10% from its opening price in the initial trade.
• Recovery: However, the stock managed to recover slightly from the day’s low, showing that some investors and funds saw the deep discount as a buying opportunity. The market was trying to figure out the “true” fair price of the Lenskart stock.

It’s a common thing for a newly listed stock to see sharp movements. This is called IPO listing time volatility.

A Look at Lenskart’s Business (The Long-Term View)

While the short-term listing was poor, it’s essential to look at Lenskart’s actual business model. This is where the long-term potential lies.

Lenskart’s strengths are based on what they do best:

• Omnichannel Model: They have a strong online presence and a massive chain of over 2,000 physical stores globally. This helps them reach customers everywhere.
• Technology and Innovation: They use technology heavily, like AI-powered recommendations and virtual try-ons, making it easier for people to buy glasses.
• Global Presence: Lenskart is not just an Indian company; it has operations in Southeast Asia and the Middle East, giving it a much bigger growth runway.
• Centralized Supply Chain: They control the whole process from manufacturing to selling, which helps them offer high quality at very competitive prices.

🤔 Should Investors Buy Lenskart Shares Now? (Investor Talk)

This is the question on every investor’s mind who tracks the Lenskart share price today. Since the stock is trading below the Lenskart issue price, is it a good time to buy?

Disclaimer: This is for educational purposes only, not financial advice. Please talk to a registered financial advisor before investing.

Here are a few things that beginners should understand about the Lenskart share price:

• Short-Term vs. Long-Term: The negative listing is a short-term market event. If you believe in Lenskart’s long-term growth story—their business model, their leadership (Peyush Bansal), and their market position—then a discount listing might be a chance to buy at a lower price than the IPO investors.
• Avoid “Fear of Missing Out” (FOMO): Many applied for the IPO only because the subscription was high and the GMP was good. The market is teaching a lesson here: always check the company’s fundamentals (profit, revenue, debt) first, not just the grey market hype.
• Research is Key: Before putting your hard-earned money into the Lenskart nse or bse share price, you must read the company’s financial reports. See how they are making money and what their future plans are.

The IPO listing story of Lenskart is a classic reminder that the stock market is full of surprises, and even great brand names can have a weak debut if the valuation is seen as too high. It also shows why the grey market is only an indication and not a guarantee of the actual listing price.

Final Thoughts on the Big Listing

The Lenskart IPO listing date will be remembered as a day of mixed emotions. For those who got shares in the allotment, the discount listing was definitely disappointing. However, for investors who missed the allotment, this volatile debut could potentially be a better entry point, provided they have a long-term view of the company and believe in its fundamentals.

Lenskart’s journey has just begun on the BSE and NSE. The true test for the company is not the listing price, but how well it performs as a listed entity in the coming years.

For official company filings, financial disclosures and share details, visit the NSE Lenskart page

You can also check real-time price updates and expert commentary here on Moneycontrol

Disclaimer: This article is purely for informational and educational purposes. It is not an offer, solicitation, or recommendation to buy or sell any security, including Lenskart shares. Investing in the stock market, especially in newly listed stocks, involves risks, and you may lose money. Always consult with a qualified financial advisor before making any investment decisions. The views expressed here are solely for general awareness and market analysis.

Also Read:

• Attention! 3 Crazy Things JioHotstar Is Doing With Money
• 7 Secrets to Flawless JEE Main 2026 + Calculator News!