Temasek sells 2.05% Lenskart stake for Rs 1,940 Cr, joining SoftBank and ADIA exits
Temasek-backed MacRitchie offloaded 3.56 crore shares of eyewear retailer Lenskart via open market at Rs 544 apiece, cutting its holding to 2.21% and Temasek's total to 4.75%. The exit follows earlier sales by SoftBank and ADIA, even as Lenskart posted 46% revenue growth to Rs 2,516 crore in Q4 FY26.
What happened
Temasek-backed MacRitchie sold a 2.05% stake in eyewear retailer Lenskart for Rs 1,940 crore via open market, following exits by SoftBank and ADIA. Temasek's
Key facts
- 2.05% stake
- Rs 1,940 crore
- $204 million
- 3.56 crore shares
- stake reduced to 2.21% from 4.26%
- total holding 4.75% from 6.80%
- share price Rs 544
- Q4 FY26 revenue Rs 2,516 crore
- profit Rs 204 crore
- market cap Rs 93,639 crore
Why this matters
Temasek's Rs 1,940 crore open-market unwind to 4.75% caps a pattern of anchor-investor exits that could pressure the stock and reshape the cap table's strategic influence.
What to watch
- Additional block deals at or below Rs 544 clearing price
- Temasek fully exiting or holding steady
- Q1 FY27 margin/profitability trajectory
- Bulk/block deal disclosures showing marquee domestic buyers
- Any brokerage downgrade citing overhang or valuation
- Track remaining Temasek 4.75% and residual SoftBank/ADIA blocks for further block-deal announcements
- Monitor domestic MF/insurance shareholding disclosures for offsetting accumulation
- Watch sell-side revisits on valuation vs profitability post-Q4 print
- Assess lockup expiry calendar for other pre-IPO holders
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