SoftBank Group fund sells Lenskart stake worth INR 29 bln via block deal
This story was originally published at 22:39 IST on 3 June 2026
Register to read our real-time news.Informist, Wednesday, Jun. 3, 2026
MUMBAI – SoftBank Group's fund sold a stake worth INR 28.73 billion of Lenskart Solutions Ltd. at INR 508.55 per share through a block deal on the National Stock Exchange. This translated to more than 3% of SoftBank's stake in the Indian company while it held over 13% stake at the end of the March quarter.
Societe Generale bought the biggest chunk of the shares offered by SoftBank as the former bought 0.8% stake in Lenkart. Other buyers included BNP Paribas, Canara Robeco Mutual Fund, Copthall Mauritius Investment, Fidelity Funds, Kotak funds, ICICI Prudential Mutual Funds, among others.
For the March quarter, Lenskart reported consolidated net profit of INR 2 billion on revenues of INR 25.16 billion. Wednesday, shares of the company closed at INR 516.15 per share on the National Stock Exchange, down 1.5% from Tuesday. End
Reported by Anshul Choudhary
Edited by Deepshikha Bhardwaj
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
Share this Story:
