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The proposed block deal is estimated to be worth Rs 2,047.40 crore. Platinum Jasmine is reportedly likely to sell the shares at Rs 682.45 apiece, which would represent a discount of up to 3.42% to Lenskart Solutions' latest traded price of Rs 706.60 on the BSE. The seller is also reportedly subject to a 90-day lock-up period for any further sale of its stake. As of June 30, 2026, Platinum Jasmine held 16,98,15,438 shares, representing a 9.77% stake in Lenskart Solutions, according to the company's exchange filing. At Friday's closing price of Rs 706.60 per share, Lenskart Solutions shares ended 3.94% higher compared with the previous close of Rs 679.80. During Friday's session, the stock traded in a range of Rs 677.50 to Rs 725 on the BSE. ALSO READ: Adani stocks soar up to 12% after Jefferies sees up to 53% upside in Adani Energy and others Lenskart Solutions made its stock-market debut in November 2025 after raising Rs 7,278.02 crore through a combination of a fresh issue of 53.5 million equity shares and an offer for sale of up to 127.6 million shares by promoters and existing investors. The company's shares listed at Rs 395 apiece on the NSE, a 1.75% discount to the issue price of Rs 402. On the BSE, the shares opened at Rs 390, marking a 3% discount to the issue price. At Friday's closing price of Rs 706.60, Lenskart shares were about 75.77% above their IPO issue price of Rs 402. Earlier last month, on August 12, Lenskart Solutions reported a rise in profit after tax (PAT) to Rs 228 crore for the first quarter of FY27, compared with Rs 61 crore in the same quarter of the previous fiscal year. Revenue from operations increased to Rs 2,714 crore during the quarter from Rs 1,894 crore in Q1 FY26. EBITDA stood at Rs 589 crore, compared with about Rs 365 crore in the year-ago quarter. About Lenskart Solutions Lenskart Solutions is a tech-driven and integrated eyewear company primarily selling prescription eyeglasses, sunglasses and other products such as contact lenses and eyewear accessories. The company sells its products in India, its largest market, and has recently expanded into select international markets such as Japan, Southeast Asia and the Middle East. Lenskart designs and sells a wide range of eyewear products under multiple owned in-house brands and sub-brands. Disclosure: This article has been written by Kumar Gaurav, who is not a SEBI-registered Research Analyst or an investment advisor. Gaurav does not hold any financial interest in the company as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of the EconomicTimes Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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