Lenskart slips 2.4% on ADIA ₹1,960 Cr exit; Honasa hits 52-week high on FY31 ₹5,500 Cr plan
Weekly tape: Lenskart drops to ₹494 after Abu Dhabi's ADIA offloads ₹1,960 Cr post lock-in, even as FY26 PAT rises 69% to ₹500.9 Cr on ₹8,814 Cr revenue. Honasa rallies on FY31 ₹5,500 Cr revenue roadmap and 3 Lakh-store offline push. Zepto files ₹8,050 Cr DRHP; Ather plans ₹2,500 Cr QIP.
What happened
Weekly new-age tech stocks roundup: Lenskart fell 2.4% as ADIA sold ₹1,960 Cr post lock-in; Honasa hit 52-week high on FY31 ₹5,500 Cr roadmap. Updates on Zepto
Key facts
- Lenskart shares -2.4% to ₹494.05
- ADIA sold ₹1,960 Cr Lenskart shares
- Lenskart FY26 PAT ₹500.9 Cr (+69% YoY)
- Lenskart FY26 revenue ₹8,814 Cr (+33%)
- Honasa FY26 revenue ₹2,391.9 Cr (+16%)
- Honasa FY26 PAT ₹200.2 Cr (+175%)
- Honasa FY31 target ₹5,500 Cr revenue
- Honasa offline reach target 3 Lakh stores from 1.2 Lakh
- Zepto IPO ₹8,050 Cr fresh issue + 11.35 Cr OFS
- Ather QIP ₹2,500 Cr
- Pine Labs-Shopflo ₹88 Cr deal
- Meesho-Kirana Club ₹202.08 Cr deal
- Eternal GST demand ₹9.63 Cr
- Fidelity sold Meesho shares ₹988 Cr
- 57 new-age tech mcap $129.58 Bn
Why this matters
With Zepto filing an ₹8,050 Cr DRHP and Ather lining up a ₹2,500 Cr QIP, the new-age IPO/QIP window is wide open—but Lenskart's ADIA unwind is a reminder to structure staggered lock-ins and anchor stability into deal terms.
Also reported by
- Inc42 — Same time