Lenskart sees ₹2,700 crore institutional block deals as investors trim stakes

BNP Paribas, Societe Generale and Integrated Core Strategies sold Lenskart shares worth a reported ₹2,699.5 crore in bulk deals, extending a run of investor stake sales. The transactions come as the eyewear retailer reported 43% year-on-year Q1 FY27 revenue growth to ₹2,714 crore.

— Source publishedTue, 1 Sept, 2026, 13:01 IST·First seen Tue, 1 Sept, 2026, 13:03 IST·Source Entrackr

What happened

BNP Paribas, Societe Generale and other investors sold Lenskart shares worth Rs 2,699.5 crore in block deals. The sell-off follows major exits by SoftBank, ADIA

Key facts

  • BNP Paribas sold 1.29 crore shares at Rs 662.22 each for about Rs 855 crore
  • Societe Generale sold 1.41 crore shares at Rs 661.53 each for about Rs 931 crore
  • Integrated Core Strategies sold 1.35 crore shares worth about Rs 893 crore
  • Total 4.08 crore shares changed hands for Rs 2,699.5 crore
  • August 28 block deal: 2.95 crore shares worth Rs 1,857 crore at Rs 630 per share
  • SoftBank sold 4.5 crore shares for Rs 2,888 crore in August and Rs 2,873 crore in June
  • Lenskart Q1 FY27 revenue rose 43% YoY to Rs 2,714 crore; profit was Rs 228 crore
  • Share price Rs 659.25; market capitalization Rs 1,14,585 crore ($12 billion)

Why this matters

Repeated secondary stake sales by major institutions could broaden Lenskart’s shareholder base and improve strategic optionality, while its growth trajectory strengthens its position as a potential partner or consolidator in eyewear.

Also reported by