SoftBank Offloads ₹2,873 Cr Lenskart Stake Post Lock-In
SoftBank sold a 3.25% stake in Lenskart via block deal at ₹508.55/share, offloading 25% of its holding after lock-in expiry. Goldman Sachs, Fidelity, Kotak MF and IMF picked up shares, signalling sustained institutional appetite for the eyewear major.
What happened
SoftBank sold a 3.25% stake in Lenskart via block deal for ₹2,873 Cr at ₹508.55/share, offloading 25% of its holding post lock-in expiry. Goldman Sachs,
Key facts
- ₹2,873.3 Cr
- 5.65 Cr shares
- 3.25% stake
- ₹508.55/share
- 25% of holding
- Q4 FY26 PAT ₹203.6 Cr
- FY26 revenue ₹8,814 Cr
Why this matters
Post-lock-in stake rotations at this scale reset the cap table toward long-only mutual funds—watch for follow-on tranches from SoftBank that could compress the float and reprice secondary benchmarks in eyewear.