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Lenskart shares trade lower after SoftBank arm sells 3.25% stake via block deal

Lenskart shares trade lower after SoftBank arm sells 3.25% stake via block deal

Upstox 4 days ago

Lenskart share price was trading lower during the early intraday market session on Thursday, June 4, after the Japan-based leading technology investment firm, SoftBank Group's subsidiary, sold 3.25% stake via a block deal, according to NSE data.

As of 9:56 am, shares of Lenskart were down 0.5% at ₹513.70 on Thursday, compared to the previous market close of ₹516.15, according to NSE data.

The exchange data showed that SoftBank arm, SVF II Lightbulb (Cayman) Ltd, sold a total of 5,65,00,000 or 5.56 crore equity shares of Lenskart Solutions at an average trade price of ₹508.55 apiece, representing 3.25% total stake of the company.

The block deal transaction values the total divestment move at around ₹2,873 crore, in which the stake sold was picked up by a series of domestic institutional investors and foreign buyers.

Block deals are large-sized stock purchase or sale transactions which involve a minimum value of ₹10 crore per transaction during a single trading session. Retail investors keep an eye on the block deal transactions on the stock exchanges to gauge the potential of the stocks in focus.

Who purchased Lenskart shares?

India Acorn Fund, Ashoka India Equity Investment Trust, Canara Robeco Mutual Fund, ICICI Prudential Mutual Fund, Kotak Mutual Fund, Mirae Asset Mutual Fund, Quant Mutual Fund, and Whiteoak Capital Mutual Fund were among the top domestic investors purchasing Lenskart shares after SoftBank's stake sale.

While, Commonwealth of Pennsylvania Public School Employees' Retirement System, Dendana Investments (Mauritius) Limited, Factory Mutual Insurance, Fidelity, Goldman Sachs, Copthall Mauritius Investment, BNP Paribas Financial Markets, ABS Direct Equity Fund, APT Universal Fonds, International Monetary Fund, and Societe Generale were among the major global investors via block deals.

Lenskart share price

Lenskart shares closed 1.54% lower at ₹516.15 after Wednesday's stock market session, compared to ₹524.20 at the previous market close, according to NSE data. The block deal data is released every day after the regular market operating hours.

Shares of Lenskart have delivered more than 17% returns on their investment so far in 2026, but have flat returns in the past one-month period. The eyewear company's stock was trading nearly 1% lower over the last five trading days.

Lenskart stock surged to its 52-week high of ₹557.65 on April 15, 2026, while the 52-week low was at ₹356.10 back on November 10, 2025, when the shares were listed on the Indian stock market.

The company's market capitalisation (m-cap) was at ₹89,700 crore as of the stock market close on Wednesday, June 3.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.

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Disclaimer: This content has not been generated, created or edited by Dailyhunt. Publisher: upStox