SoftBank sells ₹2,888 Cr worth of Lenskart shares in block deals

SoftBank Vision Fund has sold 4.5 Cr Lenskart shares at an average ₹641.75 apiece, marking its second major post-listing partial exit. The sale follows Lenskart’s FY26 revenue of ₹9,002.3 Cr and net profit of ₹530 Cr, alongside Q1 FY27 operating revenue of ₹2,714.2 Cr.

— Source publishedMon, 24 Aug, 2026, 20:51 IST·First seen Mon, 24 Aug, 2026, 21:04 IST·Source Inc42 · Buzz

What happened

SoftBank sold ₹2,887.9 Cr of Lenskart shares through block deals, its second major post-listing partial exit. The eyewear retailer’s strong share performance

Key facts

  • SoftBank sold 4.50 Cr Lenskart shares for ₹2,887.9 Cr
  • Average sale price: ₹641.75 per share
  • SoftBank previously sold 5.65 Cr shares for ₹2,873.3 Cr in June
  • Lenskart FY26 net profit: ₹530 Cr
  • Lenskart FY26 revenue: ₹9,002.3 Cr
  • Q1 FY27 net profit: ₹228.4 Cr
  • Q1 FY27 operating revenue: ₹2,714.2 Cr

Why this matters

Lenskart’s improving earnings and international expansion make it a more credible strategic partner or acquisition platform even as early investors continue monetising stakes.

What to watch

  • Further disclosures of SoftBank or other pre-IPO shareholder stake reductions.
  • Block-deal pricing discount versus the prevailing market price and the identity of buyers.
  • Q1 FY27 margin, net-profit and same-store or mature-store productivity trends.
  • International revenue growth, new-market losses and payback periods for overseas expansion.
  • Any slowdown in eyewear demand, higher customer-acquisition costs or competitive discounting.
  • Changes in promoter, employee and institutional shareholding after subsequent quarterly filings.
  • SoftBank may pursue further staggered block deals if Lenskart maintains trading liquidity and valuation support.
  • Lenskart is likely to emphasize quarterly profitability, store-level economics and international expansion milestones to counter ownership-overhang concerns.
  • More domestic and foreign institutional investors may enter as increased free float improves index eligibility, tradability and position-sizing capacity.
  • Management could accelerate investor communication around capital allocation, margin durability and expansion returns as public-market scrutiny rises.

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