The much-awaited Lenskart IPO received an overwhelming response from investors on its opening day, being snapped up within hours despite ongoing concerns over its high valuation. Market analysts noted that strong brand trust, steady growth in India’s eyewear market, and investor optimism around profitable Indian startups drove the enthusiasm.
According to early market data, the Lenskart IPO subscription has exceeded expectations, with both retail and institutional investors showing strong interest. Experts believe this strong start reflects growing confidence in AI-driven retail startups and the company’s expansion strategy across India and international markets.
Despite debates on whether Lenskart’s pricing justifies its valuation, the Day 1 performance signals a promising debut for one of India’s most successful startup stories in the D2C and eyewear space.
