Goldman, Morgan Stanley grab 2.3% of Lenskart for Rs 1,960 cr as ADIA trims stake
Global and domestic institutions including Goldman Sachs, Morgan Stanley, ICICI Prudential MF and Kotak MF picked up 4 crore Lenskart shares at Rs 490 apiece via block deals. ADIA pared its holding to 9.78% from 12.08%, following SoftBank's 3.25% exit last week. Lenskart posted Rs 2,516 cr revenue and Rs 203.6 cr PAT.
What happened
Goldman Sachs, Morgan Stanley and other global/domestic institutions bought a 2.3% stake in Lenskart for Rs 1,960 crore via block deals, as ADIA trimmed its
Key facts
- 2.3% stake
- Rs 1,960 crore
- Rs 490 per share
- 4,00,00,000 shares
- ADIA holding 9.78% from 12.08%
- PAT Rs 203.6 crore
- Revenue Rs 2,516 crore
Why this matters
ADIA trimming to 9.78% and SoftBank exiting 3.25% in a week creates a clean cap table window—an opportune moment for strategic partners or anchor investors to negotiate scaled positions in Indian eyewear.