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Lenskart Lock In Ends and Investors Dump Shares Worth ₹3861 Crore in Block Deals

Business
Published on 9 May 2026
Lenskart Lock In Ends and Investors Dump Shares Worth ₹3861 Crore in Block Deals

Backers sold 8.15 crore shares at a discount

Lenskart’s six-month IPO lock-in expired, prompting existing backers to sell shares worth at least ₹3,861.1 crore through multiple block deals. NSE data shows sales of at least 8.15 crore shares at ₹473.4 each. The deals were executed about 3.7% below the stock’s BSE closing price, even as the shares ended the day slightly higher.

  • Investors sold at least ₹3,861.1 crore worth of Lenskart shares
  • At least 8.15 crore shares changed hands in block deals
  • Sales were done around 3.7% below the BSE closing price
  • About 104.7 crore shares became eligible to trade after expiry
Read the full story at Inc42

This summarization was done by Beige for a story published on Inc42Inc42

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