SoftBank trims Lenskart stake by 3.25% in ₹2,873 Cr block deal post-lock-in
SoftBank offloaded 5.65 Cr Lenskart shares at ₹508.55 apiece, exiting 25% of its holding as the lock-in expired. Goldman Sachs, Societe Generale, Fidelity, Kotak MF and IMF absorbed the block. Lenskart posted FY26 revenue of ₹8,814 Cr (+33%) and profit of ₹500.9 Cr (+69%), though Q4 profit slipped 7.5% YoY.
What happened
SoftBank sold 3.25% stake in Lenskart via ₹2,873 Cr block deal at ₹508.55/share, offloading 25% of its holding. Goldman Sachs, Societe Generale, Fidelity, Kotak
Key facts
- ₹2,873.3 Cr block deal
- 5.65 Cr shares
- 3.25% stake
- ₹508.55 per share
- 25% of SoftBank holding offloaded
- Q4 FY26 net profit ₹203.6 Cr (-7.5% YoY)
- Q4 revenue ₹2,515.7 Cr (+46% YoY)
- FY26 profit ₹500.9 Cr (+69%)
- FY26 revenue ₹8,814 Cr (+33%)
Why this matters
The ₹2,873 Cr block clearing at tight pricing with marquee institutional uptake establishes a clean reference valuation for any follow-on raises or strategic eyewear consolidation plays.