Fri Nov 07 06:20:00 UTC 2025: IPO Market Buzz: Lenskart and Studds See Active Bidding, Orkla India Allotment Due, Pine Labs Eyes November Launch

Mumbai, November 3, 2025 – The primary market witnessed considerable activity today with Lenskart Solutions Ltd and Studds Accessories Ltd continuing their IPO runs, while investors eagerly await the allotment status for the heavily subscribed Orkla India IPO. Meanwhile, fintech giant Pine Labs announced its IPO plans for next week.

Lenskart Solutions IPO: GMP Rises Despite Valuation Concerns
Eyewear retailer Lenskart Solutions concluded its second day of bidding. The IPO, priced between Rs 382 and Rs 402, saw a rise in Grey Market Premium (GMP) to 21.14%, despite persistent concerns over its high valuation. By the close of the day, the IPO was subscribed 1.63x with NII portion subscribed 1.28x.

Studds Accessories IPO: Final Day Oversubscribed
Helmet manufacturer Studds Accessories Ltd closed its Rs 455-crore IPO today. The issue has seen an overall subscription of 63.53x. Investors await the allotment details.

Orkla India IPO: Allotment Expected Today
The allotment of Orkla India Ltd’s IPO, which was subscribed nearly 49 times, is expected to be finalized today. Investors can check their allotment status on the BSE, NSE, and Kfin Technologies websites.

Pine Labs Sets IPO Price Band
Fintech firm Pine Labs has announced its upcoming Rs 3,900-crore IPO, with a price band of Rs 210-221 per share. The subscription period is scheduled for November 7-11, 2025.

Groww IPO Opens Tomorrow
Billionbrains Garage Ventures, the parent company of online investment platform Groww, is set to launch its Rs 6,632-crore IPO tomorrow, November 4. The price band is fixed at Rs 95-Rs 100 per share.

Market Closes Green
The domestic equity markets closed slightly higher today, with the BSE Sensex up by 39.78 points and the NSE Nifty increasing by 41.25 points.

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