IPO GMP, Allotment Status Today Live Updates: Lenskart IPO Vs Studds IPO; Should You Apply?
The Indian primary market is currently witnessing a flurry of activity with multiple IPOs vying for investor attention. Among the notable offerings are the IPOs of Lenskart Solutions and Studds Accessories. Both IPOs have generated considerable buzz, prompting investors to analyze their potential and make informed decisions.
Lenskart IPO
Lenskart Solutions, a technology-driven eyewear company, launched its ₹7,278 crore IPO on October 31, 2025, with the subscription window closing on November 4, 2025. The IPO comprises a fresh issue of ₹2,150 crore and an offer for sale (OFS) of ₹5,128.02 crore by existing shareholders, including SoftBank, Kedaara Capital, and Temasek. The price band for the IPO is fixed at ₹382 to ₹402 per share, with a minimum lot size of 37 shares. Retail investors need to invest a minimum of ₹14,874 at the upper end of the price band. The allotment for the Lenskart Solutions IPO is expected to be finalized on November 6, 2025, and the shares are scheduled to be listed on the BSE and NSE on November 10, 2025.
The funds raised through the fresh issue will be utilized for expansion, operational needs, setting up new company-owned stores, lease payments for existing outlets, technology investments, and brand marketing.
As of November 3, 2025, the Grey Market Premium (GMP) for Lenskart IPO is ₹67 per share. This indicates that the stock is trading at a premium in the grey market, suggesting a potential listing price of ₹469 (₹402 + ₹67).
Studds Accessories IPO
Studds Accessories, India's largest helmet manufacturer, launched its ₹455.49 crore IPO on October 30, 2025, which closed on November 3, 2025. The IPO is entirely an offer for sale (OFS) of 77,86,120 equity shares. The price band is fixed at ₹557 to ₹585 per share, with a lot size of 25 shares, requiring a minimum investment of ₹14,625. The allotment for the Studds Accessories IPO is expected to be finalized on November 4, 2025, and the shares are proposed to be listed on BSE and NSE on November 7, 2025.
The company will not receive any proceeds from the IPO, as it is entirely an OFS. The objectives of the IPO include enhancing the company's brand visibility, improving its public profile, and providing a transparent trading market for investors.
The GMP for the Studds Accessories IPO was ₹67 as of November 3, 2025, suggesting a listing price of ₹652 (₹585 + ₹67) per share, a premium of 11.45% over the upper limit of the price band.
Should You Apply?
Both Lenskart and Studds Accessories operate in different segments with distinct market opportunities. Lenskart has demonstrated consistent revenue growth and improved EBITDA margins. The company intends to use the funds for expanding its retail presence and investing in technology and marketing initiatives. Studds Accessories has a strong brand presence, a diverse product range, and efficient manufacturing capabilities.
Analysts recommend investors subscribe to the Lenskart IPO for the long term, considering its improving financial performance and expansion plans. SBI Securities has given a "Subscribe" rating to Studds Accessories, highlighting its strong margins, low debt, and rising domestic demand.
Vaqarjaved Khan, Senior Fundamental Analyst at Angel One, believes that Studds has the scope to offer better returns in the medium to long term, given its valuations. Arun Kejriwal, founder of Kejriwal Research and Investment Services, suggests that Studds Accessories is a major player in its field with limited competition.
Ultimately, the decision to apply for either IPO depends on individual investment goals and risk appetite. Investors should carefully consider the companies' financials, growth potential, and market dynamics before making a decision.
