ADIA-backed trust to offload Rs 1,944 cr Lenskart stake at 2.89% discount post lock-in
Platinum Jasmine Trust will sell up to 4 crore Lenskart shares (12.08% stake) via block deal at Rs 486 floor, a 2.89% discount to Rs 500.50 close. Exit follows IPO lock-in expiry. Lenskart clocked 33% India growth and 21% SSG in FY26, with 30% international growth.
What happened
ADIA-backed Platinum Jasmine Trust to offload up to 4 crore Lenskart shares worth Rs 1,944 crore via block deal at Rs 486 floor, a 2.89% discount, post lock-in
Key facts
- Rs 1,944 cr
- $204 mn
- Rs 486 floor
- 4 cr shares
- 12.08% stake
- Rs 500.50 close
- 2.89% discount
- 33% India FY26 growth
- 21% SSG
- 30% intl growth
Why this matters
Post-IPO lock-in exits at narrow discounts validate Lenskart's float depth and set a clean comp for eyewear and D2C retail block-deal pricing benchmarks.