Lenskart block deal: Rs 2,047 crore stake sale possible; Platinum Jasmine might offload 1.7% holding
The proposed block deal is estimated to be price Rs 2,047.40 crore. Platinum Jasmine is reportedly more likely to promote the shares at Rs 682.45 apiece, which might signify a reduction of as much as 3.42% to Lenskart Solutions’ newest traded value of Rs 706.60 on the BSE. The vendor can also be reportedly topic to a 90-day lock-up interval for any additional sale of its stake.
As of June 30, 2026, Platinum Jasmine held 16,98,15,438 shares, representing a 9.77% stake in Lenskart Solutions, in keeping with the corporate’s alternate submitting.
At Friday’s closing value of Rs 706.60 per share, Lenskart Solutions shares ended 3.94% larger in contrast with the earlier shut of Rs 679.80. During Friday’s session, the inventory traded in a spread of Rs 677.50 to Rs 725 on the BSE.
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Lenskart Solutions made its stock-market debut in November 2025 after elevating Rs 7,278.02 crore by means of a mixture of a recent challenge of 53.5 million fairness shares and a suggestion on the market of as much as 127.6 million shares by promoters and present buyers.
The firm’s shares listed at Rs 395 apiece on the NSE, a 1.75% low cost to the difficulty value of Rs 402. On the BSE, the shares opened at Rs 390, marking a 3% low cost to the difficulty value.At Friday’s closing value of Rs 706.60, Lenskart shares had been about 75.77% above their IPO challenge value of Rs 402.
Earlier final month, on August 12, Lenskart Solutions reported an increase in revenue after tax (PAT) to Rs 228 crore for the primary quarter of FY27, in contrast with Rs 61 crore in the identical quarter of the earlier fiscal yr.
Revenue from operations elevated to Rs 2,714 crore in the course of the quarter from Rs 1,894 crore in Q1 FY26.
EBITDA stood at Rs 589 crore, in contrast with about Rs 365 crore within the year-ago quarter.
About Lenskart Solutions
Lenskart Solutions is a tech-driven and built-in eyewear firm primarily promoting prescription eyeglasses, sun shades and different merchandise corresponding to contact lenses and eyewear equipment.
The firm sells its merchandise in India, its largest market, and has lately expanded into choose overseas trading floors corresponding to Japan, Southeast Asia and the Middle East. Lenskart designs and sells a variety of eyewear merchandise beneath a number of owned in-house manufacturers and sub-brands.
Disclosure: This article has been written by Kumar Gaurav, who isn’t a SEBI-registered Research Analyst or an asset placement advisor. Gaurav doesn’t maintain any monetary curiosity within the firm as of the date of publication. The views/suggestions talked about on this article, wherever relevant, are these of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They shouldn’t be construed because the views or suggestions of the EconomicTimes Digital or the journalist. Readers are suggested to think about the unique analysis report and make their asset placement choices based mostly on their very own evaluation.
