Existing investors in Lenskart are selling shares worth nearly Rs 5,650 crore through block deals on Friday, May 8, 2026. The transaction size has increased sharply from an earlier estimate of around Rs 3,293.6 crore, according to reports.
The block deal price is set at Rs 470 per share, which is at a discount to the current market price. The sale comes as the lock-in period for pre-IPO investors ends, allowing them to exit their positions.
Investors participating in the block deal include SoftBank, which is selling a significant portion of its stake. Other investors may also be selling shares as part of the transaction.
The block deal is expected to be executed through a separate trading window on the stock exchanges. The exact number of shares being sold and the final price will be determined based on demand from institutional buyers.
