Lenskart pumps ₹53 cr to tighten grip on Owndays, Singapore arm
Lenskart will invest ₹50 crore to lift its stake in Japanese eyewear subsidiary Owndays by 1% to 97.67%, acquiring 10,613 shares at JPY 77,426 each. A further ₹3 crore goes into Lenskart Singapore via 1,38,005 shares to fund overseas operations, consolidating control of its international footprint.
What happened
Lenskart will invest ₹53 crore to raise its stake in Japanese eyewear arm Owndays by 1% to 97.67%, and inject ₹3 crore into Lenskart Singapore to fund
Key facts
- ₹53 crore total
- ₹50 crore Owndays
- 1% additional stake
- 97.67% post-acquisition
- 10,613 shares
- JPY 77,426.03 per share
- ₹3 crore Singapore
- 1,38,005 Singapore shares
Why this matters
Creeping to near-full ownership at JPY 77,426/share sets a fresh internal mark for Owndays and clears the path for a clean 100% mop-up or structural reorganization ahead of any listing event.