Lenskart shares fall 3% as one-month lock-in period ends: Here's how newly-listed stock performed since listing

Lenskart share price

The shares of Lenskart Solutions fell more than 3 percent on December 8 after the one-month shareholder lock-in period came to an end.

The shares dropped to Rs 403.20 apiece on Monday. The stock has made only marginal gains over its IPO price in the first one month since listing.

Around 4.07 crore shares or 2 percent of the company's stake will free up for trade as the lock-in comes to an end today, CNBC-TV18 quoted Nuvama Alternative & Quantitative Research as saying. The said number of shares will be cumulatively worth around Rs 1,700 crore based on the stock's previous closing price of Rs 417.20 per share.

However, this does not imply that all these shares will be offloaded in the market immediately. The expiry of the lock-in period simply means that these shares can now be traded.

How have Lenskart shares performed since listing?

Lenskart shares are currently up only 0.3 percent from the IPO price of Rs 403.2 apiece, and more than 2 percent from its listing price of Rs 395 per share on NSE.

The stock had listed with a discount on stock markets on November 10. This came despite the Rs 7,278-crore IPO seeing strong investor interest during its three days of public bidding, being subscribed more than 28 times its offer size.

After listing, the stock rose nearly 14 percent to hit a high of Rs 448.80 apiece on December 1. However, the shares of the popular eyewear-retailer have now fallen nearly 10 percent since then.

Lenskart Q2 Results:

Lenskart in November reported a net profit of Rs 103.5 crore for the second quarter of the financial year 2026. This marked a 20 percent year-on-year (YoY) increase from the Rs 86.3 crore net profit reported in the same period of the previous financial year.

Its revenue from operations rose 21 percent YoY to Rs 2,096 crore in Q2 FY26.

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