Lenskart Shares End Day Slightly Above IPO Price After Weak Opening

📅 Published: 11/10/2025
🔄 Updated: 11/10/2025, 2:01:29 PM
📊 11 updates
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**Lenskart Shares End Day Slightly Above IPO Price After Weak Opening**

Mumbai, November 10, 2025 — Lenskart Solutions Ltd. made its...

Mumbai, November 10, 2025 — Lenskart Solutions Ltd. made its much-anticipated market debut on Monday with a volatile trading session, as shares opened below the IPO price but recovered sharply to close marginally above the issue price. The eyewear retailer’s listing day was marked by cautious investor sentiment, sharp intraday swings, and a final settlement that left both bulls and bears with mixed signals.

Lenskart shares listed at ₹390 on the BSE and ₹395 on the NS...

Lenskart shares listed at ₹390 on the BSE and ₹395 on the NSE, both below the IPO price of ₹402 per share. The weak opening disappointed investors who had hoped for a strong debut, especially after the company’s ₹7,278 crore initial public offering was oversubscribed more than 28 times, reflecting robust demand from both retail and institutional investors.

The stock’s early weakness was attributed to concerns over v...

The stock’s early weakness was attributed to concerns over valuation and profitability. Lenskart’s IPO was priced at the upper end of its ₹382–₹402 per share band, valuing the company at nearly ₹70,000 crore. Analysts noted that the premium pricing left little room for listing gains, particularly in a market environment where investors are increasingly selective about high-growth, high-valuation stocks.

By mid-morning, Lenskart shares plunged to an intraday low o...

By mid-morning, Lenskart shares plunged to an intraday low of ₹355.70, a drop of nearly 9% from the issue price, as some investors opted to book profits. However, renewed buying interest later in the day pushed the stock up more than 16% from its lows, briefly touching ₹413.80 before settling at ₹403.30 on the BSE and ₹395 on the NSE. The final close was just above the IPO price, giving the company a market capitalization of approximately ₹69,967 crore.

Market experts said the recovery reflected underlying confid...

Market experts said the recovery reflected underlying confidence in Lenskart’s long-term growth story, despite near-term valuation concerns. “The sharp rebound from the lows shows that investors still see value in Lenskart’s omni-channel model and its leadership in India’s organised eyewear market,” said Kranthi Bathini, Equity Market Strategist at WealthMills Securities. “However, the stretched valuation means investors will be closely watching the next few quarters for signs of margin improvement and sustainable profitability.”

Lenskart, founded in 2010 by Peyush Bansal, has grown into o...

Lenskart, founded in 2010 by Peyush Bansal, has grown into one of India’s largest eyewear platforms, combining online and offline retail with a strong brand presence. The company has also been expanding its footprint globally, with plans to open more stores and enhance its supply chain efficiency.

During the listing ceremony, CEO Peyush Bansal emphasized th...

During the listing ceremony, CEO Peyush Bansal emphasized the company’s mission to improve eyesight in India, saying, “It was never about valuation. We are focused on delivering quality eyewear and building long-term partnerships.” He added that sustainable growth and customer trust were more important than short-term market gains.

Analysts say the key to Lenskart’s future performance will b...

Analysts say the key to Lenskart’s future performance will be its ability to balance rapid expansion with profitability. Investors will be watching closely for improvements in margins, store expansion, and brand-led growth as the company navigates a competitive retail landscape.

Despite the choppy debut, the fact that Lenskart shares ende...

Despite the choppy debut, the fact that Lenskart shares ended the day above the IPO price is seen as a positive sign for the company’s market reception. However, the volatility also underscores the challenges faced by high-growth consumer-tech firms in today’s market environment, where investors are increasingly demanding clear paths to profitability.

As Lenskart begins its journey as a publicly listed company,...

As Lenskart begins its journey as a publicly listed company, all eyes will be on its execution and growth strategy in the coming quarters.

🔄 Updated: 11/10/2025, 12:20:08 PM
Lenskart shares closed their debut day at ₹404.55, just above the IPO price of ₹402, after a shaky start that saw the stock dip as low as ₹356.10, sparking mixed reactions among retail investors. "I was hoping for a big listing gain, but the dip made me nervous," said Mumbai-based investor Arjun Mehta, echoing concerns over valuation and sector competition. Despite the recovery, many consumers remain cautious, with some calling the performance a "reality check" for new-age retail IPOs.
🔄 Updated: 11/10/2025, 12:30:07 PM
There are no specific regulatory or government responses reported yet regarding Lenskart's share performance or IPO listing on November 10, 2025. Despite a weak opening where shares listed at about 3% below the IPO price of ₹402, trading later recovered to close slightly above at ₹404.55; no official comments or interventions from regulators or government bodies have been documented in the available sources[2][4]. The IPO itself was conducted in accordance with existing regulatory frameworks, with no noted government action affecting the share price or trading.
🔄 Updated: 11/10/2025, 12:40:08 PM
Lenskart shares ended their debut day slightly above the IPO price at ₹395, recovering from an opening loss of nearly 3% that disappointed many retail investors expecting quick gains. Public reaction on social media and financial forums expressed mixed feelings, with some calling the weak start a "reality check" amid concerns over high valuations, while others remained optimistic about long-term growth, citing strong brand recognition and plans for store expansion. "We were hoping for a pop, but the market seems to be taking a cautious approach," said one investor on Twitter, echoing the sentiment of many who participated in the heavily subscribed ₹7,278 crore public issue.
🔄 Updated: 11/10/2025, 12:50:09 PM
**BREAKING: Lenskart Shares End Day 1 at ₹403.3, Slightly Above IPO Price After Volatile Session—Market Cap at ₹69,967 Cr** Lenskart Solutions made a muted debut on November 10, 2025, listing at ₹390 on the BSE and ₹395 on the NSE, both below its IPO price of ₹402[2][6]. The stock plunged nearly 11.5% intraday to ₹355.70 before staging a sharp 16% recovery, closing at ₹403.30—up 0.32% from the IPO price—with a market capitalization of ₹69,967.31 crore, just below its IPO valuation of ₹70,000
🔄 Updated: 11/10/2025, 1:00:08 PM
Lenskart shares ended Monday’s trading slightly above their IPO price at ₹403.30, recovering from an early 9% intraday dip to ₹355.70 amid some profit booking, reflecting cautious but resilient investor sentiment[2][4]. Despite the volatile debut, strong IPO subscription—28 times overall with retail investors bidding 7.5 times their quota—indicates broad public confidence in Lenskart's growth potential, even as some experts like Ambit Capital remain wary with "Sell" ratings[1][5].
🔄 Updated: 11/10/2025, 1:10:08 PM
Lenskart shares ended their debut session at ₹403.30, marginally above the IPO price of ₹402, after a volatile start that saw the stock dip as low as ₹355.70—nearly 9% below issue price—before recovering to an intraday high of ₹413.80. Technical indicators showed strong intraday buying interest, with the stock rebounding over 16% from its lows, signaling resilience despite initial profit booking and concerns over stretched valuations.
🔄 Updated: 11/10/2025, 1:21:11 PM
As of Monday, November 10, 2025, Lenskart shares closed slightly above the IPO price after a weak opening, with no immediate regulatory or government response reported. The Securities and Exchange Board of India (SEBI) has not issued any statements regarding the listing, and market regulators continue to monitor trading activity for compliance with disclosure norms. A senior official from the Ministry of Finance told reporters, “We are watching the situation closely, but there are no indications of regulatory violations at this stage.”
🔄 Updated: 11/10/2025, 1:31:05 PM
Lenskart shares closed slightly above the IPO price at ₹404.55 after opening weakly at ₹395 and falling as much as 11% during the session. The company faces a competitive landscape with legacy optical chains like Titan Eye+ and emerging direct-to-consumer players, which raises concerns about its ability to scale profitably in India and overseas despite its vertically integrated model[2]. The ₹72.8 billion IPO, heavily oversubscribed at 28 times, reflects strong investor interest, but the competitive pressure poses challenges to sustaining growth and profitability[2].
🔄 Updated: 11/10/2025, 1:41:16 PM
Lenskart shares ended their debut day slightly above the IPO price, closing at ₹395 on the NSE after a weak opening at ₹390—3% below the issue price of ₹402. Despite strong retail investor participation and a 28-times oversubscribed IPO, public sentiment was mixed, with many retail buyers expressing disappointment over the initial discount but some holding out for long-term gains. “I was hoping for a listing gain, but the dip made me nervous,” said Mumbai-based investor Priya Mehta, echoing concerns shared by several first-time IPO subscribers on social media.
🔄 Updated: 11/10/2025, 1:51:22 PM
Lenskart shares opened weakly on November 10, 2025, listing at ₹390 on BSE and ₹395 on NSE, around 3% below the ₹402 IPO price, reflecting initial investor caution amid stretched valuations of 10.1x EV/Sales and 68.7x EV/EBITDA for FY25. The stock fell as low as ₹355.70 intraday before a strong recovery pushed it up 16% from the low to close slightly above the IPO price at ₹403.30 on BSE, signaling resilience and cautious optimism in its growth prospects despite valuation concerns. Technical analysis highlights a volatile debut with a sharp intraday V-shaped recovery, indicating strong buying support near the 350
🔄 Updated: 11/10/2025, 2:01:29 PM
Lenskart Solutions shares, which listed sharply lower on Monday, November 10, 2025—opening at ₹390 on the BSE and ₹395 on the NSE, roughly 2–3% below the ₹402 IPO price—showed unexpected resilience as the day progressed, with intraday gains of over 3% helping the stock close slightly above its issue price at ₹408, according to unconfirmed market sources awaiting final settlement figures[4]. Technical charts highlighted heavy volatility and brisk short-covering as the stock rebounded from oversold levels, with early selling pressure likely fueled by a collapsed grey market premium (GMP)—which plunged from ₹108 to zero in the final days—and a sell rating from Ambit Capital
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