Home / Business and Economy / Lenskart Stumbles, Urban Company Soars: A Tale of New-Age Listings
Lenskart Stumbles, Urban Company Soars: A Tale of New-Age Listings
10 Nov
Summary
- Lenskart's IPO debut disappoints, shares open below issue price
- Urban Company sees a stellar 57% premium on listing
- Ather Energy, Bluestone, and Mamaearth among other new-age listings
On November 10, 2025, eyewear retailer Lenskart had a rocky start to its public trading debut, with its shares opening 3% below the issue price of ₹402 per share. The stock dipped as much as 11% in early trade on the NSE before recovering to close the day at ₹403.30, up 3.14% from the opening price.
This lackluster debut stands in stark contrast to the stellar listing of on-demand home service platform Urban Company just a few months prior. Urban Company's shares had listed 57.52% higher at ₹162.25 on the NSE and 56.3% higher at ₹161 on the BSE, with its maiden public offering being subscribed over 100 times.
The article also examines other notable new-age listings from the recent past. EV maker Ather Energy had a muted debut, listing at a 2.18% premium on the NSE. Omnichannel jeweler Bluestone saw a tepid listing, opening at a 1.5% discount to its IPO price on the BSE. In contrast, food delivery giant Swiggy listed at an 8% premium, while its competitor Zomato saw a 51.3% premium on its debut.
The mixed performance of these new-age companies highlights the volatility and uncertainty surrounding India's IPO market, as investors grapple with the valuations and growth prospects of these emerging businesses.
