Lenskart Solutions Limited’s initial public offering was oversubscribed 2.82 times by 11 am on the final day of bidding, November 4, 2025, according to the cumulative demand schedule. The issue closes today.

Retail individual investors led the subscription with 4.14 times oversubscription, receiving bids for 7.47 crore shares against 1.81 crore shares reserved for the category. The non-institutional investors (NII) category recorded 4.31 times subscription, with bids totaling 11.67 crore shares against 2.71 crore shares on offer.

Within the NII segment, investors bidding above ₹10 lakh showed stronger demand at 4.71 times, while those in the ₹2-10 lakh bracket subscribed 3.50 times. The employee reservation portion was subscribed 3.14 times with 12.30 lakh shares bid for against 3.91 lakh shares reserved.

The qualified institutional buyers category saw 1.64 times subscription, receiving bids for 8.90 crore shares. Foreign institutional investors accounted for 5.89 crore shares in bids, while mutual funds bid for 44 lakh shares.

The IPO showed significant improvement from Day 2 when total subscription stood at 2.01 times. All categories were fully subscribed by the end of Monday’s trading session. Final subscription numbers will be available after the issue closes this evening.

Published on November 4, 2025