Archive · 4 Nov 2025
Lenskart and Studds IPOs See Active Subscription Amidst Market Interest
Two companies, Lenskart which sells glasses and Studds which makes helmets, are offering parts of their companies for sale to the public through something called an IPO.
This is like a big sale where people can buy small pieces of the company.
Lenskart's sale started on October 31 and will end on November 4, with each piece costing between ₹382 and ₹402.
Studds' sale started on October 30 and is ending on November 3, with pieces priced between ₹557 and ₹585.
Lenskart's sale has seen its 'grey market premium' go up, which shows people are interested.
Both companies are trying to raise a lot of money.
Investors are watching to see if these companies will do well after they start being traded on the stock market, with some comparing Lenskart's situation to that of another company, Paytm, which had a difficult debut.
Lenskart Solutions Ltd and Studds Accessories Ltd are currently undergoing their Initial Public Offerings (IPOs).
Lenskart's IPO, a ₹7,278-crore issue, is open from October 31 to November 4, with a price band of ₹382-₹402.
Studds Accessories' IPO, a ₹455-crore offering, is in its final day on November 3, with a price band of ₹557-₹585.
Lenskart's Grey Market Premium (GMP) has risen to 21.14% on its second day, despite concerns about its valuation.
Investor interest is high for both IPOs, with Lenskart's subscription being led by retail and QIB segments on day one.
- Who
- Lenskart Solutions Ltd and Studds Accessories Ltd
- What
- Initial Public Offerings (IPOs)
- When
- October 31 - November 4, 2025 (Lenskart); October 30 - November 3, 2025 (Studds)
- Where
- India
- Why
- To raise capital through public subscription and list on stock exchanges.
Arguments For Applying
Potential Concerns
Valuation and Market Performance
Arguments For Applying
Lenskart's Grey Market Premium (GMP) has surged, indicating strong investor confidence. The company has a defined revenue stream similar to other successful new-age companies like Zomato and Nykaa. Studds Accessories is India's largest helmet manufacturer.
Potential Concerns
Lenskart's valuation of ₹70,000 crore is questioned as it's based on future prospects rather than proven profits, with FY25 profit including a significant non-cash gain. There are comparisons to Paytm's problematic IPO due to high valuations and reliance on future growth.
Subscription Trends
Arguments For Applying
Lenskart's IPO was fully subscribed on the first day, with strong demand from retail investors and QIBs. Studds IPO is in its last day with significant subscription numbers.
Potential Concerns
While subscriptions are strong, the comparison to Paytm's listing losses remains a concern for potential investors, creating a 'wait-and-watch' sentiment regarding actual listing day performance.
- Lenskart IPO Dates
- October 31, 2025 - November 4, 2025
- Lenskart Price Band
- ₹382 to ₹402 per equity share
- Lenskart Issue Size
- ₹7,278.02 crore
- Studds IPO Dates
- October 30, 2025 - November 3, 2025
- Studds Price Band
- ₹557 to ₹585 per equity share
- Studds Issue Size
- ₹455 crore
- Lenskart GMP Increase
- 21.14% on Day 2
Sources
Studds Accessories IPO day 3: GMP, subscription status to review. Apply or not?
Will Lenskart go the Paytm way? GMP surges 21% despite valuation concerns
Studds Accessories IPO Day 3 Live: ₹455 crore IPO subscribed 9.45 times so far on last day of bidding, NIIs lead
