ADIA trust offloads 2.3% in Lenskart for Rs 1,960 Cr, days after SoftBank's partial exit

Platinum Jasmine Trust sold 4 crore Lenskart shares at Rs 490 apiece via block deals, with Kotak AMC the largest buyer. Comes on the heels of SoftBank's Rs 2,873 Cr trim. Lenskart's market cap holds at Rs 87,284 Cr; Q4 FY26 revenue rose 46% YoY to Rs 2,516 Cr with PAT of Rs 204 Cr.

— Source publishedFri, 12 Jun, 2026, 08:36 IST·First seen Fri, 12 Jun, 2026, 08:38 IST·Source Entrackr · Newsletter

What happened

ADIA-backed Platinum Jasmine Trust sold 2.3% in Lenskart via block deals for Rs 1,960 cr at Rs 490/share, days after SoftBank's Rs 2,873 cr partial exit. Kotak

Key facts

  • 2.3% stake
  • Rs 1,960 crore
  • $206 million
  • 4 crore shares
  • Rs 490/share
  • 12.08% pre-sale holding
  • Q4 FY26 revenue Rs 2,516 cr (+46% YoY)
  • PAT Rs 204 cr
  • market cap Rs 87,284 cr
  • share price Rs 502

Why this matters

Sequential sovereign and strategic investor exits ahead of an IPO reset the cap table toward domestic mutual funds, reshaping who Lenskart will negotiate with on future M&A and category expansion bets.

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