Lenskart Solutions IPO raises ₹7,278 crore, lists with 6.63% gain at ₹421.20

Lenskart Solutions Limited recorded a positive listing, closing at ₹421.20 per share, up 6.63% from its issue price of ₹402. The ₹7,278 crore IPO was among the largest technology offerings of Q4 FY25. The issue attracted bids worth ₹1.24 lakh crore, led by strong institutional demand. Net proceeds will support global retail expansion, technology upgrades, and debt repayment. Lenskart operates over 2,000 outlets across India and Southeast Asia, with FY25 consolidated revenue reported at ₹2,750 crore, up 18% year-on-year.