Lenskart share price today: Stock recovers above IPO price on debut; should you buy, sell or hold?

Lenskart IPO listing today: Lenskart shares opened at ₹395 on the NSE, a 1.74 per cent discount to the IPO price of ₹402, and even lower at ₹390 on the BSE, initially disappointing investors

3:32 PM

Lenskart Share Price LIVE updates: Lenskart shares close at a slight premium

Lenskart Share Price LIVE updates: Shares of Lenskart Solutions Ltd. rose 0.63 per cent to close at ₹404.55 per share on the NSE, on its listing day on Monday. On the BSE, the stock closed at ₹403.95 apiece, 0.49 per cent higher compared to the issue price of ₹402 per share. 

1:33 PM

Lenskart Share Price LIVE Updates: Lenskart shares are trading nearly at-par with the issue price

Lenskart Share Price LIVE Updates: Lenskart shares were volatile on the listing day. The shares listed on the stock exchanges mildly below the issue price of ₹402, and went on to hit a low of ₹355 on the BSE and ₹356 on the NSE.

Lenskart shares, later, recovered to hit a high of ₹413.75 on the National Stock Exchange (NSE). At 1:30 PM, the shares are off highs to quote at ₹405 per share.

1:24 PM

Lenskart Share Price LIVE Updates: NSE congratulates Lenskart on D-Street listing

1:12 PM

Lenskart Share Price LIVE Updates: Lenskart shares get first 'Sell' rating

Lenskart Share Price LIVE Updates: Ambit Capital initiates coverage on Lenskart with a 'Sell' rating

>> The brokerage has set a share price target of ₹337.

>> Ambit expects Lenskart's revenue to grow at 20% CAGR over FY25-28

>> It, however, expects the 'made-to-order' eyewear category require huge capex

>> Ambit says in-house manufacturing and acquisition make it asset-heavy business with low RoCE.

>> The implied 55x FY28 EV/Ebitda valuation for India business, higher than Trent and Nykaa, is unwarranted

12:55 PM

Lenskart Share Price LIVE Updates: Why the market thinks Lenskart's stock is overvalued?

Lenskart Share Price LIVE Updates: Lenskart shares made a tepid debut on the Street amid concens over stretched valuations. WATCH VIDEO to know why is the valuation being called "stretched"? Are we seeing a repeat of the Paytm, Zomato, and Nykaa story, when sky-high startup valuations ended in a crash?

12:39 PM

Lenskart Share Price LIVE updates: 'Story is promising, but at these levels, it looks overvalued'

Lenskart Share Price LIVE updates:  "Lenskart’s muted listing underscores growing discomfort over its steep valuation. At a market cap of around $7 billion, the per-store valuation crosses ₹55 crore — difficult to justify against current profitability and cash-flow visibility. The brand’s growth and omnichannel presence are impressive, but public investors are now demanding tangible earnings, not just expansion narratives. 

 

The valuation premium seems to be running well ahead of fundamentals, and unless Lenskart delivers consistent Ebitda improvement and sustainable free-cash-flow generation, the stock could remain under pressure. For now, investors should stay cautious and consider partial or full exit until the company aligns its financial delivery with its market expectations. The story is promising, but at these levels, it looks overvalued relative to its near-term cash potential."

 

Views by: Sourav Choudhary, MD, Raghunath Capital

12:23 PM

Lenskart Share Price LIVE updates: Stock continues to trade northward

Lenskart Share Price LIVE updates: Lenskart shares continued to attract buying interest from investors, rising 3.48 per cent to ₹408.75 apiece on the NSE. The stock was listed at a discount of 1.7 per cent, debuting at ₹395 per share against its issue price of ₹402 earlier today.

12:08 PM

Lenskart Share Price LIVE updates: Abhishek Jain, head of research, Arihant Capital shares post-listing strategy

Lenskart Share Price LIVE updates:   "Lenskart’s listing marks the rise of a rare Indian consumer brand with truly global ambitions. The business opportunity in the eyewear segment is massive, driven by strong demand, brand recall, and rapid expansion in both domestic and international markets. However, the stock is best suited for investors with a high-risk appetite and a long-term outlook, given its premium valuations and growth-focused strategy. Aggressive investors can consider it for its strong brand and scalable business model, while conservative investors may prefer to stay cautious in the near term."

 

 

Views by: Abhishek Jain, head of research, Arihant Capital Markets

 

11:54 AM

Lenskart Share Price LIVE updates: Expert suggests to do this post listing

Lenskart Share Price LIVE updates: Ambareesh Baliga, an independent market analyst, believes the issue was clearly expensive, and the subscription was driven more by hype and grey market activity. 

 

“Post-listing as well, I believe investors may look to sell. While some panic selling took place in the morning, the stock is currently trading more or less at par. Given that, many investors might prefer to exit at par rather than take further chances,” he said.

11:42 AM

Lenskart Share Price LIVE updates: Here's how the company plans to use IPO proceeds

Lenskart Share Price LIVE updates: Eyewear retailer Lenskart has detailed the proposed utilisation of funds from its upcoming public issue, as outlined in its Red Herring Prospectus (RHP). The company plans to allocate ₹272.62 crore towards capital expenditure for setting up new company-owned, company-operated (CoCo) stores across India, and another ₹591.44 crore towards lease, rent, and related payments for these outlets.

 

Further, ₹213.38 crore has been earmarked for investments in technology and cloud infrastructure, while ₹320.06 crore will be directed towards brand marketing and business promotion to enhance brand awareness and reach. The remaining funds, the comapny said, are intended for potential inorganic acquisitions and general corporate purposes. 

 

Notably, Lenskart will not receive any proceeds from the offer-for-sale (OFS) component, which will instead accrue to the promoters and existing shareholders partially divesting their stakes, according to the RHP.

11:28 AM

Lenskart Share Price LIVE updates: Stocks edge higher, breach IPO price

Lenskart Share Price LIVE updates: Lenskart shares rebounded past their IPO price on Friday, trading 3.79 per cent higher at ₹404.80 apiece on the BSE. The stock had listed at ₹390 per share, while its IPO issue price was ₹402.

11:14 AM

Lenskart Share Price LIVE updates: Analysts split on Lenskart after weak debut; hold or book losses?

Lenskart Share Price LIVE updates: The highly anticipated debut of omnichannel eyewear retailer Lenskart Solutions on the stock market fell short of expectations, despite strong demand during its initial public offering (IPO) phase. The stock's lackluster listing performance came as a surprise, particularly in light of the robust overall IPO subscription rate of 28.26 times. However, the stock managed to recover its losses during the trading session.

Analysts have offered mixed opinions on Lenskart's prospects, with some recommending a long-term hold, while others suggest booking losses and exiting the position. READ MORE

11:01 AM

Lenskart Share Price LIVE updates: Stock price surpasses issue price

Lenskart Share Price LIVE updates:  Lenskart’s shares rose 2.5 per cent from their listing price, reaching an intra-day high of ₹404.90 per share on the NSE, surpassing its IPO issue price of ₹402 per share.

10:49 AM

Lenskart Share Price LIVE updates: Here's what investors should do post listing

Lenskart Share Price LIVE updates: Ravi Singh, chief research officer at MasterTrust, offered a cautious perspective on Lenskart shares, noting that the outlook remains negative.

“This is clearly an exit situation, as the real numbers are now apparent. There is no viable long-term investment strategy at this point. Investors should recognise their existing losses, as the downside could extend by approximately 20 per cent from current levels,” he said.

10:36 AM

Lenskart Share Price LIVE updates: Should you Buy, Sell or Hold Lenskart shares post listing?

Lenskart Share Price LIVE updates: Investors allotted Lenskart shares, Shivani Nyati, head of wealth at Swastika Investmart, said, may consider holding them for the medium to long term, supported by earnings visibility and an expanding store footprint, with a stop loss around ₹350. Short-term traders, however, may exit the position and look for better opportunities elsewhere.

"Lenskart Solutions Limited made a tepid debut on the stock market with a listing of approximately 1.74 per cent over its issue price of 402, indicating a muted response despite strong brand visibility and market dominance in the eyewear segment. Lenskart is one of India’s largest omni-channel eyewear retailers with a strong online presence and over 2,500 retail stores globally, offering prescription glasses, sunglasses, and contact lenses under its private labels. The company’s strengths lie in its vertically integrated model, in-house manufacturing, aggressive store expansion, and data-driven supply chain. Its premium brand perception, subscription-based revenue stream (Lenskart Gold membership), and rising penetration in Tier-II and Tier-III markets have positioned it as a category leader in India’s fast-growing organized eyewear market. While concerns around high valuation, recent losses, and competitive intensity weighed on short-term sentiment, the IPO received solid institutional interest backed by expectations of strong growth in international markets and improving margins," said Nyati.