The primary market is witnessing strong activity today, November 3, 2025, with investors closely tracking the Lenskart Solutions and Studds Accessories IPOs, while the Orkla India IPO allotment is set to be finalised. Meanwhile, Pine Labs has announced the price band for its much-anticipated public issue, adding to the week’s IPO excitement.
Lenskart Solutions IPO Day 2: Positive Momentum Continues
Eyewear retailer Lenskart Solutions Ltd entered its second day of bidding on Monday, November 3. The company’s ₹7,278 crore IPO has set a price band between ₹382 and ₹402 per share.
According to market observers, Lenskart’s grey market premium (GMP) has risen to 21.14%, reflecting strong investor interest despite valuation concerns. The IPO, which opened on November 2, will continue to attract bids from institutional and retail investors through the week.
Studds Accessories IPO: Final Day for Bidding
Helmet manufacturer Studds Accessories Ltd is seeing the final day of its ₹455 crore initial public offering today. The issue, which closes at 5 PM, has a price band of ₹557–₹585 per share, valuing the company at approximately ₹2,300 crore at the upper range.
The company, a leader in India’s two-wheeler accessories market, is witnessing robust participation from investors as demand for safety gear and mobility accessories continues to rise.
Orkla India IPO Allotment: Results Expected Today
Investors are eagerly awaiting the allotment of the Orkla India IPO, which is expected to be finalised today, November 3. The IPO, which closed on Friday, recorded an impressive 48.74 times subscription, showcasing massive investor enthusiasm.
Orkla India Ltd, the parent company of popular spice and condiment brands MTR and Eastern, will allow investors to check allotment results on the BSE, NSE, or through the registrar Kfin Technologies portal.
Pine Labs IPO: Price Band Announced Ahead of Launch
In other IPO developments, fintech firm Pine Labs has announced its price band of ₹210–₹221 per share for its upcoming ₹3,900 crore IPO. The issue will be open for public subscription from November 7 to November 11, 2025.
The company, known for its digital payment and merchant commerce solutions, is expected to attract significant investor attention given its strong market position and profitability outlook.
Groww Parent Billionbrains Garage Ventures Also Sets Price Band
Adding to the flurry of IPOs, Billionbrains Garage Ventures, the parent company of popular investment platform Groww, has set its IPO price band at ₹95–₹100 per share. The ₹6,632 crore issue values the company at over ₹61,700 crore (approximately $7 billion).
The IPO will open on November 4 and close on November 7, with a special early window for retail investors on November 3.
IPO Frenzy Expected to Continue
With multiple high-profile companies entering the primary market, November 2025 is shaping up to be a blockbuster month for IPOs. Investors are advised to stay alert for allotment updates and GMP trends as subscription windows near their close.
