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Alpha Wave Ventures may sell ₹1,313 crore Lenskart stake via block deal
Alpha Wave Ventures II is expected to sell its roughly 1.2% Lenskart stake through a block deal valued up to Rs 1,313 crore at a Rs 630 floor price. Lenskart reported strong Q1 FY27 growth in profit, revenue and EBITDA.
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Reported figures
From the report. Source details below
| Alpha Wave Ventures II may sell | up to 2.08 crore Lenskart shares |
|---|---|
| Q1 FY27 net profit Rs 222 crore, up 270% from | Rs 60 crore |
| Q1 FY27 revenue Rs 2,714 crore, up 43% from | Rs 1,894 crore |
| Q1 FY27 EBITDA Rs 588 crore, up 76% from | Rs 335 crore |
| EBITDA margin 21.7% versus | 17.7% |
| Q1 FY26 one-time loss | Rs 10.4 crore |
Also in the report
- Floor price is a 1.7% discount to prior closing price
The source
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