Comparison between Lenskart Solutions IPO and Varmora Granito IPO.
Lenskart Solutions IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Varmora Granito IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Lenskart Solutions IPO is up to ₹7,278.02 Cr whereas the issue size of the Varmora Granito IPO is up to ₹0.00 Cr. The final issue price of Lenskart Solutions IPO is ₹402.00 per share and of Varmora Granito IPO is .
| Lenskart Solutions IPO | Varmora Granito IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹2 per share |
| Issue Price (Lower) | ₹382.00 per share | |
| Issue Price (Upper) | ₹402.00 per share | |
| Issue Price (Final) | ₹402.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ₹19.00 per share | |
| Market Lot Size | 37 shares | |
| Fresh Issue Size | 5,34,95,905 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹2,150.38 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 12,75,62,573 shares | 5,24,35,268 shares |
| OFS Issue Size (Amount) | up to ₹5,127.64 Cr | up to ₹0.00 Cr |
| Issue Size Total | 18,10,58,478 shares | 0 shares |
| Issue Size Total (Amount) | up to ₹7,278.02 Cr | up to ₹0.00 Cr |
Lenskart Solutions IPO opens on Oct 31, 2025, while Varmora Granito IPO opens on . The closing date of Lenskart Solutions IPO and Varmora Granito IPO is Nov 04, 2025, and , respectively.
| Lenskart Solutions IPO | Varmora Granito IPO | |
|---|---|---|
| Anchor Bid Date | Oct 30, 2025 | |
| Issue Open | Oct 31, 2025 | |
| Issue Close | Nov 04, 2025 | |
| Basis Of Allotment (Tentative) | Nov 06, 2025 | |
| Initiation of Refunds (Tentative) | Nov 07, 2025 | |
| Credit of Share (Tentative) | Nov 07, 2025 | |
| Listing date (Tentative) | Nov 10, 2025 | |
| Anchor Lockin End date 1 | Dec 05, 2025 | |
| Anchor Lockin End date 2 | Feb 03, 2026 |
Lenskart Solutions IPO P/E ratio is 227.27, as compared to Varmora Granito IPO P/E ratio of .
| Lenskart Solutions IPO | Varmora Granito IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)Lenskart Solutions Ltd.'s revenue increased by 25% and profit after tax (PAT) rose by 3028% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)Varmora Granito Ltd.'s revenue increased by 1% and profit after tax (PAT) dropped by 32% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 19.85 | 51.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 17.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 227.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹69727.57 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 4.14% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.84 | 6.32% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 4.84 | 4.88% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Lenskart Solutions IPO Retail Individual Investors (RII) are offered 1,80,67,202 shares while in Varmora Granito IPO retail investors are offered 1,80,67,202 shares. Qualified Institutional Buyers (QIB) are offered 5,42,01,608 shares in Lenskart Solutions IPO and 0 shares in Varmora Granito IPO.
| Lenskart Solutions IPO | Varmora Granito IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,13,02,412 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 5,42,01,608 shares | 0 shares |
| NII | 2,71,00,803 shares | 0 shares |
| RII | 1,80,67,202 shares | 0 shares |
| Employee | 3,91,644 shares | 0 shares |
| Others | ||
| Total | 18,10,63,669 shares | 0 shares |
Lenskart Solutions IPO subscribed 28.27x in total, whereas Varmora Granito IPO subscribed .
| Lenskart Solutions IPO | Varmora Granito IPO | |
|---|---|---|
| QIB (times) | 40.36x | |
| NII (times) | 18.23x | |
| Big NII (times) | 21.81x | |
| Small NII (times) | 11.06x | |
| RII (times) | 7.56x | |
| Employee (times) | 4.96x | |
| Other (times) | ||
| Total (times) | 28.27x |
