NSE:LENSKART 3 November 2025 - 22 December 2025

Mumbai, December 19, 2025: Lenskart Solutions Ltd. shares rallied sharply on Friday after global brokerage Macquarie initiated coverage with an “Outperform” rating and a target price of ₹530, flagging what it sees as a strong runway for growth, margin expansion and market share gains in India’s still-fragmented eyewear market. The Economic Times+1 The bullish initiation helped extend momentum in the newly listed stock, with intraday moves ranging from an early spike of about 4% to ₹427 to a broader breakout later in the session as volumes picked up. The Economic Times+1

Lenskart Solutions’ IPO is one of India’s biggest new-age tech listings this year, riding a wave of IPO mania on Dalal Street. The company – an omnichannel eyewear unicorn – is raising ₹7,278 crore through a combination of new shares and sales by existing shareholdersfinancialexpress.com. At the ₹382–402 per share price band, Lenskart would be valued around ₹69,500–70,000 crorereuters.com. This makes it among the largest IPOs of 2025 in India, in line with other big-ticket listings amid a record year for fundraisingreuters.com. Issue structure: About ₹2,150 crore worth of fresh equity is being issued to fuel Lenskart’s growth plans, while existing investors are offloading roughly 12.8 crore shares via an Offer for Salefinancialexpress.com. Major early backers like SoftBank, Temasek, and Kedaara Capital are partially cashing outreuters.com, booking profits on a successful startup bet. Co-founder Peyush Bansal will also dilute a small part of his stake. Despite these sell-offs, all key stakeholders are retaining significant holdings post-IPO, signaling confidence in the company’s long-term story.