Lenskart block deal launched; Alphawave likely to sell 1.2% stake for ₹1,313 crore

Lenskart block deal: SoftBank Vision Fund II offloads ₹2,888 crore stake


A block deal has been launched in Lenskart Solutions, with Alphawave likely to sell a 1.2% stake in the company, sources said.

The offer size is pegged at ₹1,313 crore, with the floor price set at ₹630 per share. The floor price represents a discount of up to 1.7% to Lenskart’s current market price.

The seller will be subject to a 45-day lock-up for any further sale of shares.

Lenskart Solutions’ shares closed at ₹642 on August 27, 2026, down ₹5.15, or 0.80%, from the previous close.

The block deal comes with Alphawave looking to sell part of its holding in the company through the transaction. The offer size of ₹1,313 crore and the 1.2% stake on offer indicate a sizeable secondary share sale.

The floor price of ₹630 per share is below the stock’s closing price of ₹642, implying a discount of ₹12 per share, or up to 1.7%.

As part of the transaction, the seller is subject to a 45-day lock-up for any further sale of shares.Lenskart Solutions’ shares ended Thursday’s trading session at ₹642, down 0.80%.



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