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Lenskart receives 'Sell' rating ahead of IPO listing

8 Nov 2025 · 16:03 ISTafter close1 source ↓written by the desknot a recommendation

indicates: ₹337
from the IPO: 16% downside
per share: ₹402

Eyewear retailer Lenskart has been assigned a Sell rating by Ambit Capital just before its IPO debut. The brokerage's target price of ₹337 indicates a 16% downside from the IPO price of ₹402 per share. Despite a strong response with over ₹1 lakh crore in bids, analysts express concerns over high valuations.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 8 Nov 2025, 16:03 IST.

Sourcesnews.google.com

LENSKART
Retail

23 SeptADIA offloads ₹2,390 cr Lenskart shares in block dealMediumADIA sold 3.5 crore shares of Lenskart for ₹2,390.6 cr at ₹683.02 each, marking a significant stake reduction. This follows a previous sale of 4 crore shares in June for ₹1,960 cr, reflecting ongoing adjustments in their investment strategy.
19 SeptLenskart block deal valued at ₹2,047 croreMediumLenskart Solutions is preparing for a block deal with Platinum Jasmine planning to sell 3 crore shares, valued at ₹2,047.40 crore. The shares will be sold at ₹682.45, a discount to the current market price, potentially influencing market dynamics.
17 SeptLenskart shares rise on ₹5,300 crore block dealHighLenskart Solutions Ltd shares increased 1.71% to ₹496.10 after a block deal of ₹5,313.58 crore on May 8, 2026. The deal involved approximately 11.2 crore shares at ₹473.40 each, following the expiry of an IPO lock-in period.
17 SeptLenskart shares rise amid ₹5,300 crore block dealHighLenskart Solutions Ltd shares rose 1.71% to ₹496.10 on May 8, 2026, following a ₹5,313.58 crore block deal after the IPO lock-in expiry. Around 11.2 crore shares traded at ₹473.40, a 2.94% discount from the previous close.
28 JulLenskart shares rise on ₹5,300 crore block dealHighLenskart Solutions Ltd shares rose on 8 May 2026, following a ₹5,313.58 crore block deal after the IPO lock-in expiry. Approximately 11.2 crore shares changed hands at ₹473.40 each, while shares traded at ₹496.10, up 1.71% for the day.
27 JunLenskart shares rise on ₹5,300 crore block dealHighLenskart Solutions Ltd shares increased 1.71% to ₹496.10 on 8 May 2026, following a block deal of ₹5,313.58 crore after the IPO lock-in expiry. Over 11 million shares traded at ₹473.40 each, indicating strong investor interest despite the large transactions.

Lenskart receives 'Sell' rating ahead of IPO listing

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