Lenskart IPO Oversubscribed Nearly 30x as Investors Chase Consumer-Tech Growth Story

Lenskart’s ₹1,500 crore public issue drew bids nearly 30 times the offer size, making it one of India’s most oversubscribed IPOs in 2025. Strong institutional demand and robust retail participation fueled the surge despite valuation concerns. The eyewear company plans to allocate proceeds toward expansion, debt repayment, and omni-channel integration. Analysts noted that the listing could set a benchmark for upcoming consumer-tech IPOs. Additional issues from SafeCure Service, Orkla India, and Studds Accessories are scheduled to launch later this week.