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What is the story about?
Shares of Lenskart Solutions Ltd. will be in focus on Thursday, June 11, after 4 crore shares of the eyewear retailer changed hands in a block deal worth ₹1,960 crore.
The transaction was executed at ₹490 per share, a discount of around 2.1% to Wednesday's closing price of ₹500.15 on the BSE.
CNBC-TV18 had reported on Wednesday that Platinum Jasmine A 2018 Trust, a unit of the Abu Dhabi Investment Authority (ADIA), was looking to sell up to 4 crore shares, or about 2.3% of Lenskart's outstanding equity, through a block deal.
The proposed transaction had a floor price of ₹486 per share and an estimated size of ₹1,944 crore.
Abu Dhabi Investment Authority (ADIA) is the sole settlor and beneficiary of the Platinum Jasmine A 2018 Trust.
Also read: Hindalco shares aim to arrest recent slide after these two important developments
Platinum Jasmine A 2018 Trust held 20.98 crore shares, or a 12.08% stake in Lenskart, as of the March quarter. Following the sale of 4 crore shares, its holding is expected to decline to around 16.98 crore shares, or approximately 9.8% of the company's equity. Despite the stake sale, the trust will remain one of Lenskart's largest public shareholders.
Since the transaction involves only existing shares, the proceeds will flow to the selling shareholder and not the company. The seller will also remain subject to a 90-day lock-up on its residual holding.
As of March 2026, the promoter and promoter group of Lenskart hold a 17.55% stake in the company, while public shareholders own 82.03%.
Among public shareholders, foreign companies are the largest shareholder category with a combined 56.49% stake. SoftBank-backed SVF II Lightbulb (Cayman) Ltd. is the single largest public shareholder with a 13.13% holding, followed by Platinum Jasmine A 2018 Trust, which held a 12.08% stake before the block deal. Following the sale, the trust's holding is estimated to have declined to about 9.8%.
Domestic institutional investors hold 15.48% of the company, with SBI Equity Hybrid Fund holding a 2.41% stake. Foreign portfolio investors collectively own 4.26% of Lenskart.
The company has over 1.11 lakh public shareholders. Retail investors with holdings worth up to ₹2 lakh own 0.56% of the company, while resident individuals holding shares worth more than ₹2 lakh account for 0.77%.
Shares of Lenskart Solutions ended 0.6% lower on Thursday at ₹500.5. The stock continues to trade above its issue price of ₹403.
The transaction was executed at ₹490 per share, a discount of around 2.1% to Wednesday's closing price of ₹500.15 on the BSE.
CNBC-TV18 had reported on Wednesday that Platinum Jasmine A 2018 Trust, a unit of the Abu Dhabi Investment Authority (ADIA), was looking to sell up to 4 crore shares, or about 2.3% of Lenskart's outstanding equity, through a block deal.
The proposed transaction had a floor price of ₹486 per share and an estimated size of ₹1,944 crore.
Abu Dhabi Investment Authority (ADIA) is the sole settlor and beneficiary of the Platinum Jasmine A 2018 Trust.
Also read: Hindalco shares aim to arrest recent slide after these two important developments
Platinum Jasmine A 2018 Trust held 20.98 crore shares, or a 12.08% stake in Lenskart, as of the March quarter. Following the sale of 4 crore shares, its holding is expected to decline to around 16.98 crore shares, or approximately 9.8% of the company's equity. Despite the stake sale, the trust will remain one of Lenskart's largest public shareholders.
Since the transaction involves only existing shares, the proceeds will flow to the selling shareholder and not the company. The seller will also remain subject to a 90-day lock-up on its residual holding.
Who are Lenskart's Shareholders?
As of March 2026, the promoter and promoter group of Lenskart hold a 17.55% stake in the company, while public shareholders own 82.03%.
Among public shareholders, foreign companies are the largest shareholder category with a combined 56.49% stake. SoftBank-backed SVF II Lightbulb (Cayman) Ltd. is the single largest public shareholder with a 13.13% holding, followed by Platinum Jasmine A 2018 Trust, which held a 12.08% stake before the block deal. Following the sale, the trust's holding is estimated to have declined to about 9.8%.
Domestic institutional investors hold 15.48% of the company, with SBI Equity Hybrid Fund holding a 2.41% stake. Foreign portfolio investors collectively own 4.26% of Lenskart.
The company has over 1.11 lakh public shareholders. Retail investors with holdings worth up to ₹2 lakh own 0.56% of the company, while resident individuals holding shares worth more than ₹2 lakh account for 0.77%.
Shares of Lenskart Solutions ended 0.6% lower on Thursday at ₹500.5. The stock continues to trade above its issue price of ₹403.
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