The official buyers and sellers are not yet known.
On Saturday, August 22, CNBC-TV18 had reported, citing sources that Softbank Vision Fund (SVF) II Lightbulb Cayman was likely to sell up to 2.6% stake in Lenskart Solutions at approximately $300 million at a floor price of ₹635 per share.
The selling shareholder would have a 45-day lock-up for residual stake sale, sources added.
At the end of the first quarter, promoter entities held 18% stake in Lenskart while public shareholding comprised 82%. Of this, SVF II Lightbulb Cayman held 9.86% stake in the company, as per data available on the exchanges.
On another note, earlier this month, Lenskart shares crossed the ₹600 mark for the first time.
In the June quarter, its profit after tax surged to ₹228.43 crore from ₹61.17 crore. Its revenue increased 43.3% to ₹2,714.18 crore from ₹1,894.46 crore in the previous fiscal.
The company’s earnings before interest tax depreciation amortization (EBITDA) increased 75.1% to ₹588.48 crore from ₹336.08 crore while its margins expanded to 21.7% from 17.7% in the year-ago period.
Shares of Lenskart Solutions were up 1.6% at ₹672.25 apiece at 9.16 am. The stock has gained 20.9% in the past month and 52.9% this year, so far.
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First Published: Aug 24, 2026 9:17 AM IST
