SoftBank exits 3.25% of Lenskart for ₹2,873 cr at ₹508.55; GQG sells 1.84% GMR Airports stake to Fidelity
SoftBank's SVF II offloaded 5.65 crore Lenskart Solutions shares at ₹508.55 apiece, raising ₹2,873 crore from buyers including Goldman Sachs, Fidelity, Mirae Asset, ICICI Prudential and HDFC Life. Separately, GQG Partners sold 19.5 crore GMR Airports shares (1.84%) to Fidelity at ₹97.75, worth ₹1,906 crore.
What happened
Lenskart Solutions · SoftBank's SVF II sold a 3.25% Lenskart stake for ₹2,873 crore at ₹508.55/share to global and domestic funds. GQG offloaded 1.84% of GMR
Key facts
- 5.65 crore shares
- 3.25% stake
- ₹508.55/share
- ₹2,873.30 crore
- 19.5 crore shares
- 1.84% stake
- ₹97.75/share
- ₹1,906.12 crore
Why this matters
SoftBank's first Lenskart exit clearing at issue-adjacent pricing sets a clean benchmark for future eyewear and consumer-tech secondaries, reducing overhang risk for upcoming new-age IPO unlock windows.