Lenskart Solutions Limited’s initial public offering to open on Friday, October 31, 2025

Lenskart Solutions Limited proposes to open an initial public offering (“Offer”) of its equity shares of face value of ₹2 each (“Equity Shares”) on Friday, October 31, 2025. The Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, being Thursday, October 30, 2025. The Bid/ Offer Closing Date is Tuesday, November 04, 2025.

The Price Band of the Offer has been fixed from ₹ 382 per Equity Share of face value ₹2 each to ₹ 402 per Equity Share of face value ₹2 each. Bids can be made for a minimum of 37 Equity Shares of face value ₹2 each and multiples of 37 Equity Shares of face value ₹2 each thereafter. A discount of ₹19 per Equity Share is being offered to Eligible Employees bidding in the Employee Reservation Portion.

The offer includes a new issue of equity shares totalling up to ₹21,500 million and a sale of up to 127,562,573 equity shares by existing shareholders, which include several promoters and investment firms. There is an Employee Reservation Portion worth ₹150 million, with the rest called the "Net Offer.”

The offer follows specific regulations and will use the Book Building Process, allowing at least 75% of the Net Offer for Qualified Institutional Buyers (QIBs). Up to 60% of this QIB Portion can be allocated to Anchor Investors based on discretion, with one-third reserved for domestic Mutual Funds if valid bids are received at or above a certain price. If there is any leftover from the Anchor Investor Portion due to under-subscription, it will be added to the QIB Portion.

Additionally, up to 15% of the Net Offer is available for Non-Institutional Bidders, with specific allocations for different bid sizes. Meanwhile, up to 10% of the Net Offer is available for Retail Individual Bidders (RIBs) if valid bids are received at or above the Offer Price. Employees eligible for the Employee Reservation Portion will receive shares on a proportional basis based on their valid bids.

All bidders, except Anchor Investors, must use the Application Supported by Blocked Amount (ASBA) process to place their bids. The company's equity shares will be listed on the BSE and NSE. The Book Running Lead Managers for this issue are several banks and financial institutions. All capitalized terms not defined have the same meaning as in the Red Herring Prospectus (RHP).

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