SoftBank exits 3.25% of Lenskart at ₹508.55 in broad MF-led block
SoftBank offloaded 5.65 crore Lenskart shares at ₹508.55 apiece to a wide cohort of domestic mutual funds and global investors, trimming its stake by 3.25%. The clean absorption signals institutional appetite ahead of Lenskart's IPO trajectory and reprices the omnichannel eyewear leader for public markets.
What happened
SoftBank sold 3.25% stake in Lenskart at Rs 508.55/share to a wide mutual fund and global investor cohort. GQG exited 1.85% of GMR Airports to Fidelity. Hero
Key facts
- 5.65 crore shares
- Rs 508.55/share
- 3.25% stake
- 19.50 crore GMR shares at Rs 97.75
- Rs 72,792
- Rs 82,710
Why this matters
Lenskart's pre-IPO cap table is rotating from growth-stage funds to long-only domestic institutions, signaling the window is open for category consolidation moves and strategic eyewear tuck-ins before listing locks optionality.