On this page
ADIA-backed trust to sell 1.7% Lenskart stake in ₹2,047 crore block deal
ADIA-backed Platinum Jasmine A plans to sell a 1.7% Lenskart stake for about Rs 2,047 crore via block deal at a 3.5% discount. The eyewear retailer reported strong Q1 FY2026-27 growth, including 43% revenue growth and net profit of Rs 222 crore.
- Block deal value
- approximately ₹2,047.4 crore
- Stake being sold
- 1.7%
- Block deal price per share
- ₹682.45
- Discount to previous close
- 3.5%
Reported figures
From the report. Source details below
| ADIA-backed Platinum Jasmine A 2018 Trust to sell | 1.7% stake |
|---|---|
| Block deal value: | approximately Rs 2,047.4 crore |
| Price: | Rs 682.45 per share |
| Seller stake as of June 30: | 9.77% |
| Prior June 2026 sale: | 2.3% stake, 4 crore shares, Rs 1,960 crore at Rs 490/share |
| Q1 FY2026-27 net profit: | Rs 222 crore, up 270% from Rs 60 crore |
| Q1 revenue: | Rs 2,714 crore, up 43% from Rs 1,894 crore |
| Q1 EBITDA: | Rs 588 crore, up 76% from Rs 335 crore |
| EBITDA margin: | 21.7% versus 17.7% |
| Share close: | Rs 707.20, up 4.01% |
Also in the report
- 90-day lock-in on further sales