SVF II Lightbulb (Cayman) Limited executed a significant block deal on Friday, November 6, selling 2.72 crore shares of Lenskart Solutions valued at approximately ₹1,896 crore. The transaction represented around 1.56% of Lenskart's equity capital and was executed at ₹697.15 per share on the BSE. According to BSE block deal data, all disclosed buy-side transactions were executed at the same price as the sell-side transactions, representing a discount of around 3.8% to Lenskart's Friday closing price of ₹724.70 per share. The stake sale represented a portion of SoftBank's 7.27% holding in the company, as per its latest shareholding pattern. A total of 13 domestic and global institutional investors acquired all the shares offloaded by SoftBank through block deals at ₹697.15 apiece.
The block deal attracted significant international institutional participation, with major global investors acquiring substantial stakes. Goldman Sachs emerged as the biggest buyer, acquiring 91.84 lakh shares worth ₹640.26 crore, followed by Societe Generale ODI which purchased 89.44 lakh shares for ₹623.53 crore. US-based William Blair Investment Management, through seven of its schemes, acquired 11.1 lakh shares worth ₹77.43 crore. Additional buyers included Kotak Mahindra Mutual Fund, Norges Bank, UTI AMC, Public School Teachers Pension and Retirement Fund of Chicago, Florida Retirement System, The Northern Trust Co, Texas Municipal Retirement System, BNP Paribas Financial Markets, HDFC Standard Life Insurance Company, and NRSGVCC. As reported by Moneycontrol, this represents a significant international investor interest in the eyewear retailer.
The block deal follows Lenskart's impressive Q2FY27 financial results announced on November 4. The company reported a 122.1% year-on-year jump in consolidated net profit to ₹227.08 crore, compared with ₹102.22 crore in the corresponding quarter last year. Revenue from operations increased 35.7% year-on-year to ₹2,845.03 crore in Q2FY27, against ₹2,096.14 crore in Q2FY26. The India business continued to be a key contributor, with revenue rising 35.3% year-on-year to ₹1,668 crore, while product margin improved to 64% from 63.4% a year ago.
According to the latest market data, Lenskart Solutions is currently trading at ₹724.75 per share as of November 6, 2026, with a market capitalization of ₹1,24,943.05 crore. The stock rose 0.89% to close at ₹724.75 following the block deal activity. The company maintains a PE ratio of 156.86 and P/B ratio of 13.41 as of November 5, 2026. The company does not currently pay dividends, with a dividend yield of 0%. As of September 30, 2026, SVF II Lightbulb (Cayman) Limited held 12.64 crore shares, representing a 7.27% stake in Lenskart, as disclosed in the company's shareholding structure.
Meanwhile, significant block deal activity was witnessed in Alivus Life Sciences, with promoter Nirma selling a 2.3% equity stake on Friday. Nirma sold 28.46 lakh shares, representing 2.31% of the company's paid-up equity capital, for ₹389.94 crore at ₹1,370 per share. Bandhan Mutual Fund emerged as the biggest buyer among the seven investors participating in the transaction, acquiring 8.55 lakh shares worth ₹117.26 crore. Ace investor Mukul Agrawal-owned Param Capital was the second-largest buyer, purchasing 7.29 lakh shares for ₹99.97 crore. Other buyers included Norges Bank, Helios Mutual Fund, Subhkam Ventures I, Sanshi Fund-I, and Setu Securities. Additionally, Nirma sold an additional 8.33 lakh shares for ₹118.57 crore at ₹1,422.29 per share.
