Lenskart IPO and Groww IPO are in focus today, with the eyewear company concluding its subscription today, while Billionbrains Garage Ventures, the parent company of a stock brokerage firm, has just started its subscription process. The Lenskart IPO successfully completed its first day of bidding, while the Groww IPO is gaining traction on its initial bidding day, driven by retail investors portion, which is fully subscribed.
Lenskart IPO and Groww IPO are two of the most eagerly awaited listings of the year, showcasing contrasting aspects of India’s consumer technology development — retail eyewear and financial technology investment.
According to experts, Groww’s initial public offering aims to gather around ₹6,600 crore, targeting a valuation of nearly ₹62,000 crore. The platform’s size and profitability — with an expected profit of about ₹1,800 crore for FY25 — mark it as a rare example of a profitable fintech.
Lenskart IPO is expected to raise around ₹7,278 crore at a valuation of nearly ₹70,000 crore. The company’s strong anchor response underscores investor faith in its omnichannel model and brand recall. Its consistent revenue growth, expanding retail footprint, and improving margins add to its appeal, as per experts.
According Harshal Dasani, Business Head, INVasset PMS, between the two, Lenskart IPO offers a pure-play consumption story with long-term brand potential, while Groww IPO provides exposure to India’s digital-finance boom with a tested business model. For investors seeking stability amid the current IPO rush, Groww’s earnings visibility and operational efficiency appear more reassuring, whereas Lenskart suits those willing to bet on high-growth consumer brands despite rich valuations.
Let’s take a closer look at the trends in grey market premiums and insights from experts.
Lenskart IPO GMP today
Lenskart IPO GMP today is ₹56. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Lenskart share price was indicated at ₹458 apiece, which is 13.93% higher than the IPO price of ₹402.
Analyzing the last 9 sessions of grey market activities, the current GMP stands at ₹56, suggesting a potential downward trend. It’s interesting to note that the lowest GMP recorded during this period is ₹48.00, while the highest has reached ₹108.
Groww IPO GMP today
Groww IPO grey market premium is ₹17. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Groww share price was indicated at ₹117 apiece, which is 17% higher than the IPO price of ₹100.
Based on the grey market trends observed over the past seven sessions, the current IPO GMP is showing an upward trajectory, indicating a strong listing. The lowest GMP is recorded at ₹10.00, while the highest GMP is noted at ₹17, as per analysts.
‘Grey market premium‘ indicates investors’ readiness to pay more than the issue price.
Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
