Goldman, Morgan Stanley lead ₹1,960 cr block buy of 2.3% Lenskart stake from ADIA
ADIA's Platinum Jasmine Trust offloaded 4 crore Lenskart shares at ₹490 apiece to a marquee buyer set including Goldman Sachs, Morgan Stanley, SocGen, SoftBank and top Indian MFs. ADIA's holding falls to 9.78% from 12.08%, even as Q4 revenue jumped 45.6% to ₹2,516 cr.
What happened
Goldman Sachs, Morgan Stanley, Societe Generale and Indian MFs/insurers bought a 2.3% stake in Lenskart for ₹1,960 crore via block deal from ADIA's Platinum
Key facts
- 2.3% stake
- ₹1,960 crore
- ₹490/share
- 4 crore shares
- ADIA holding down to 9.78% from 12.08%
- Q4 PAT ₹203.6 cr (-7.5% YoY)
- Q4 revenue ₹2,516 cr (+45.62%)
Why this matters
A ₹1,960 cr block clearing through tier-one banks with diversified take-up sets a credible reference valuation and broadens the institutional anchor base for any imminent listing or strategic transaction.