Shares of Lenskart Solutions Ltd faced pressure on Friday morning following a significant block deal executed at market open, coinciding with the expiration of the six-month IPO anchor investor lock-in period.
A block deal involving 7.2 crore shares was initiated, valued at approximately ₹3,293.6 crore at a price of ₹470 per share. Notable selling shareholders included Birdseye View, TR Capital, and ABG Capital, who were seeking to exit the company. The block deal price reflects a 3.6 percent discount to the stock’s last closing price.
On the National Stock Exchange (NSE), the stock opened at ₹487 and dipped to an intraday low of ₹473.40 before recovering, trading at around ₹496.25—up 1.74 percent at 9:49 AM. By that time, the traded volume had surged to 335.87 lakh shares, with the traded value exceeding ₹1,617 crore.
This block deal coincides with a pivotal moment for Lenskart’s shareholding structure, as the six-month IPO lock-in period concludes today, rendering approximately 104.74 crore shares eligible for trading—representing 60 percent of the company’s outstanding equity. Based on Thursday’s closing price, these unblocked shares are collectively valued at ₹51,573 crore. However, the end of the lock-in does not guarantee that all shares will be sold; it merely qualifies them for trading.
On the previous trading day, shares of Lenskart Solutions decreased by 2.2 percent, closing at ₹492.4, as the market began factoring in the anticipated supply. The stock’s 52-week high stood at ₹557.65, reached on April 15, 2026, while its 52-week low was recorded at ₹356.10 on its listing date, November 10, 2025.
Lenskart is recognized as India’s largest vertically integrated, technology-led omnichannel eyewear platform and is listed on the NIFTY LARGEMIDCAP 250 index. The overall market capitalization was reported at ₹86,230 crore as of Friday morning.
Published on May 8, 2026.
