SoftBank sells another $300M in Lenskart shares; investor exits top $1B since June

SoftBank cut its Lenskart holding to about 7.15% after selling 4.5 crore shares for Rs 2,888 crore. Sales by SoftBank, ADIA and Temasek have totalled roughly Rs 9,660 crore since June, even as Lenskart reported 43% year-on-year Q1 FY27 revenue growth.

— Source publishedMon, 24 Aug, 2026, 21:35 IST·First seen Mon, 24 Aug, 2026, 21:36 IST·Source Entrackr · Newsletter

What happened

SoftBank sold another $300 million of Lenskart shares, reducing its stake to about 7.15%. Large investors including ADIA and Temasek have sold over $1 billion

Key facts

  • SoftBank sold 4.5 crore shares for Rs 2,888 crore (over $300 million) at Rs 641.75 per share
  • SoftBank holding fell from 9.69% (17.14 crore shares) to about 7.15% (12.64 crore shares)
  • SoftBank sold 5.65 crore shares for around Rs 2,873 crore in June at Rs 508.55 per share
  • ADIA sold around Rs 1,960 crore of shares in June
  • Temasek sold around Rs 1,940 crore of shares in July
  • Institutional sales since June total around Rs 9,660 crore (over $1 billion)
  • Q1 FY27 revenue rose 43% YoY to Rs 2,714 crore; profit was Rs 228 crore
  • Market capitalization was Rs 1,14,225 crore

Why this matters

The broad secondary sell-down by SoftBank, ADIA and Temasek expands public-market liquidity and reshapes Lenskart’s shareholder base without signaling a deterioration in core business performance.

What to watch

  • Further SoftBank, ADIA or Temasek stake-sale disclosures and the discount offered in subsequent block trades.
  • Share-price performance and traded-volume absorption in the weeks following the transaction.
  • Whether Q2 FY27 revenue growth remains above 35%-40% and whether EBITDA margins expand alongside growth.
  • Any change in guidance for store openings, international expansion, acquisitions or capital expenditure.
  • New anchor investors or long-only institutions emerging as buyers of secondary supply.
  • Management is likely to emphasize quarterly revenue, EBITDA and store-level payback metrics to distinguish operating performance from shareholder liquidity events.
  • Additional pre-arranged block trades by SoftBank or other legacy holders may occur, potentially timed around earnings windows and periods of stronger trading liquidity.
  • Lenskart may lean more heavily on internally funded store rollout and selective debt rather than equity issuance while secondary-sale overhang persists.
  • Public-market investors may demand clearer disclosures on international growth profitability, online customer-acquisition costs and store expansion returns.

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