Lenskart IPO Sees Over ₹1 Lakh Crore Bids as Investor Demand Surges Beyond Expectations

Lenskart’s public offering drew bids worth more than ₹1 lakh crore, making it one of India’s most subscribed IPOs of 2025. The issue was subscribed 26.4 times as institutional and retail investors ignored valuation concerns and focused on the eyewear brand’s strong market expansion and profitability. Analysts said the response highlights renewed appetite for consumer-tech plays despite market volatility. The company plans to use proceeds for expansion and debt repayment, positioning itself for accelerated growth across domestic and overseas markets.