The IPO market continues to attract investors who are looking for opportunities in different sectors. Among the upcoming listings, Orkla India, Lenskart Solutions, and Studds Accessories have gained attention due to their brand presence and sector relevance. These companies operate in different industries, which creates distinct investment profiles. Here is what we currently know about each IPO, along with a comparison to help investors form a practical view.
Orkla India IPO
Orkla India Limited manufactures and markets well-known food brands in India. The upcoming IPO is structured as an Offer for Sale, meaning existing shareholders will sell their stakes and the company will not receive fresh capital. The issue size is planned to be around ₹1,650-1,700 crore. The price band is expected to be in the mid-₹700 range. The minimum lot size will likely be small, making it accessible for retail investors.
Focus areas
Orkla India has a steady business with presence in packaged foods, which is a stable consumption segment. Demand for ready-to-cook and packaged products has expanded over time. The listing could help in increased visibility and brand recall.
Key risk
Since the IPO does not include fresh funds, the company will continue to rely on internal accruals for expansion and capability enhancement. Growth rate may not accelerate significantly due to limited new capital.
Lenskart IPO
Lenskart Solutions is one of India’s leading eyewear retailers. The company has an online and offline network, which gives it wide reach and consumer access. The planned issue size is expected to cross ₹2,000 crore, and the pricing may place it among larger retail listings of the year. Unlike Orkla India, this IPO will include both a fresh issue and Offer for Sale.
Focus areas
The fresh funds are likely to support new store openings, supply chain strengthening and technology investments. Eyewear penetration in India is still growing and working population growth supports demand.
Key risk
Valuation may be on the higher side because of growth expectations. Execution risk exists due to competition from both organised brands and local optical shops.
Studds Accessories IPO
Studds Accessories manufactures helmets and two-wheeler accessories. The company has a strong presence in its product category, supported by brand recall in the automotive aftermarket. The IPO is expected to be an Offer for Sale only, with a likely issue size in the ₹1,200-1,300 crore range. The price band may be around the mid-₹500 range.
Focus areas
Rising focus on road safety and growth in two-wheeler ownership provide industry tailwinds. Studds has manufacturing capabilities that support scale and product range expansion.
Key risk
Similar to Orkla India, there will be no new capital infusion. Performance may depend mainly on two-wheeler industry growth and consumer discretionary spending. Competitive pressure is also present due to various domestic brands.
Comparison of Key Elements
| Factor | Orkla India | Lenskart | Studds Accessories |
| Sector | Packaged foods | Eyewear retail | Automotive accessories |
| Issue structure | Offer for Sale | Fresh issue + OFS | Offer for Sale |
| Use of funds | No new capital | Expansion and technology | No new capital |
| Growth profile | Stable demand | Faster growth potential | Moderate growth tied to auto demand |
| Risk view | Limited expansion funds | High valuation and competition | Dependency on two-wheeler market |
What type of investors might prefer each IPO
- Orkla India may suit investors who prefer consumer-focused companies with predictable sales patterns. It might appeal to those who want less volatility.
- Lenskart may attract investors who are willing to take higher risk for growth possibilities through an expanding retail and e-commerce presence.
- Studds Accessories may interest investors who see opportunity in the automotive accessory segment and expect rising helmet usage due to safety regulations.
Other factors to track
Investors should also consider market mood, overall liquidity in equity markets, and financial performance after listing. Valuation discipline is important in IPOs, because strong demand can sometimes raise price expectations higher than actual growth potential.
It is useful to review revenue consistency, profitability track record, debt levels and long-term expansion strategy. Diversifying IPO investments across different sectors can help reduce portfolio risk.
Final thoughts
Orkla India, Lenskart and Studds Accessories each bring something different to the IPO lineup. The decision to invest should depend on the investor’s goals, risk tolerance and time horizon. Those who want steady business performance may lean more toward Orkla India. Investors searching for business expansion and market penetration might explore Lenskart. People who believe in the future growth of two-wheeler accessories may consider Studds.
IPO investing works better when supported by research and realistic expectations. Evaluating fundamentals before applying helps in avoiding short-term market noise and focusing on long-term value.
If you want, I can also prepare a quick scorecard comparing financial metrics once the final numbers are confirmed.
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