SoftBank arm exits ₹2,873 cr Lenskart stake in block deal at ₹508.55/share
SVF II Lightbulb offloaded 5.65 crore Lenskart shares via block deal worth ₹2,873 crore at ₹508.55 apiece, marking a major SoftBank trim post-listing. Separately, GQG sold 1.84% in GMR Airports for ₹1,906 crore — signaling institutional churn across consumer-facing names.
What happened
SoftBank affiliate SVF II Lightbulb sold 5.65 crore Lenskart shares at ₹508.55 each via block deal worth ₹2,873 crore. Separately, GQG divested 1.84% stake in
Key facts
- ₹2,873 crore
- 5.65 crore shares
- ₹508.55 per share
- ₹1,906.12 crore
- 1.84% stake
Why this matters
SoftBank's ₹2,873 cr Lenskart unwind reshapes the cap table and frees float for strategic acquirers or anchor investors eyeing scaled D2C retail platforms in India.