Debasis Mohapatra
Bengaluru, 4 June 2026
SoftBank arm, SVF II Lightbulb (Cayman) Ltd, a total of 5.56 crore equity shares of Lenskart Solutions at an average trade price of Rs 508.55 per share on Wednesday.
The stake sold by the SoftBank’s arm represented 3.25% total stake of the company, exchange data showed.
The block deal transaction was valued at around Rs 2,873 crore. The stake sold by SoftBank was picked up by a series of domestic institutional investors and foreign buyers.
Among domestic investors, 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 purchased the shares of Lenskart.
Lenskart posted a net profit of Rs 200 crore in the fourth quarter of FY26, a decline of 8.6% per cent over the same period of previous fiscal.
Revenue rose 45.6% year-on-year to Rs 2,515.7 crore, while EBITDA jumped 84% to Rs 538.4 crore and margins improved to 21.4%.
“While we benefited from favourable currency tailwinds, the underlying momentum remains strong. On a constant currency basis, Q4 clocked revenue growth of around 25% YoY. This growth was broad-based, with robust performance across Japan, Southeast Asia, the Middle East, and our other geographies,” Lenskart has said.
