SoftBank trims Lenskart stake, books Rs 2,873 Cr in post-lockin block deal
SoftBank sold 5.65 crore shares (3.25%) at Rs 508.55 apiece, raising ~$300M as lock-in expired. Goldman Sachs, Fidelity, WhiteOak and Quant absorbed the supply. Lenskart's Q4 FY26 revenue rose 46% YoY to Rs 2,516 Cr with Rs 204 Cr profit; market cap stands at Rs 89,753 Cr.
What happened
SoftBank sold Rs 2,873 crore (3.25% stake) in Lenskart via block deal post lock-in expiry, with Goldman Sachs, Fidelity, WhiteOak and Quant participating.
Key facts
- Rs 2,873 crore
- 5.65 crore shares
- 3.25% stake
- Rs 508.55 per share
- $300 million
- Rs 2,516 crore Q4 FY26 revenue
- 46% YoY growth
- Rs 204 crore profit
- Rs 89,753 crore market cap
Why this matters
The orderly 3.25% block clearing through marquee long-onlies sets a credible price reference for any follow-on secondary or strategic stake conversation in Indian eyewear.