Lenskart’s backer Abu Dhabi Investment Authority (ADIA) today offloaded 4 Cr shares in a block deal worth ₹1,960 Cr.
As per NSE data, the investor, via its holding entity Platinum Jasmine A 2018 Trust, sold the shares at ₹490 apiece to rake in the amount. This is 2.4% from the stock’s closing price today.
The shares that flooded the market were picked up by a plethora of investors via multiple block deals. The largest buyers were Kotak Mahindra Mutual Fund (1.21 Cr shares), Canara Robeco Mutual Fund (32.24 Lakh shares), National Pension System (NPS) Trust (50.61 Lakh shares across two transactions) and Franklin Templeton Mutual Fund (22.45 Lakh shares), among others.
Meanwhile, foreign buyers included Goldman Sachs, Morgan Stanley, Viridian Asia Opportunities Master Fund, among others.
Notably, ADIA had invested in LensKart in 2023, purchasing $500 Mn (₹4,791.3 Cr) via primary and secondary transactions.
This is the third instance of a Lenskart investor partially exiting the company within a week. While SoftBank sold 5.65 Cr for ₹2,873.3 Cr on June 3, JP Morgan sold shares worth ₹96.42 Cr last Friday (June 5).
Important to mention that Lenskart’s six-month post-listing lock-in period expired on May 8. The expiry investors allowed investors Alpha Wave Ventures, BirdsEye Holdings and TR Capital to sell shares worth ₹3,861.1 Cr on May 9.
Notably, since its market debut in November 2025, Lenskart’s stock has gained nearly 25% over its IPO price of ₹402. The company currently commands a market capitalisation of around ₹87,344.6 Cr ($9.2 Bn).
Operationally, the company reported a 46% year-on-year increase in operating revenue to ₹2,515.7 Cr in Q4 FY26, while net profit declined 7.5% to ₹203.6 Cr.
For the full FY26, Lenskart’s net profit surged 69% to ₹500.9 Cr and revenue rose 33% to ₹8,814 Cr, reflecting continued investor confidence in the company’s growth trajectory.
Shares of Lenskart ended today’s trading session 0.37% higher at ₹502.35 on the BSE.
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