Temasek Offloads Lenskart 3.56 Cr Shares In Multiple Tranches
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Singapore-based investment firm Temasek Holdings has sold 3.56 Cr shares, or a 2.05% stake, in omnichannel eyewear retailer Lenskart through multiple open-market transactions.
In a regulatory filing, Temasek’s wholly owned subsidiary MacRitchie Investments Pte, along with its associated entities Jongsong Investments Pte and V-Sciences Investments Pte, said it sold the shares in multiple tranches in the company.
The latest transaction involved the sale of 72.69 Lakh shares on July 10 (Friday). Based on Lenskart’s closing price of ₹543.30 that day, the tranche was worth about ₹394.9 Cr.
Based on Friday’s closing price, the total value of the shares offloaded stands at about ₹1,937.3 Cr.
Following the transactions, MacRitchie’s stake in Lenskart has declined to 4.71% from 6.75% earlier. The subsidiary of Temasek now holds 8.24 Cr shares of Lenskart.
Temasek first invested in Lenskart in 2024 through secondary purchases from the company’s founders and existing shareholders.
Notably, Temasek bought Lenskart shares worth ₹215.05 Cr from its cofounders in May 2024, while it acquired shares worth ₹623.6 Cr from other investors back then.
Post the offload, Temasek’s subsidiary holds 173.64 fully paid-up equity shares, amounting to ₹347.28 Cr in Lenskart.
This comes at a time when numerous backers of Lenskart including Alpha Wave Ventures, BirdsEye Holdings and TR Capital have also sold a portion of their stake in the company, months after its lock-in period expired.
Just last month, Abu Dhabi Investment Authority (ADIA) offloaded 4 Cr shares in a block deal worth ₹1,960 Cr in the company, and Lenskart’s early backer SoftBank sold 5.65 Cr shares or 3.25% stake in a block deal worth ₹2,873.3 Cr.
Lenskart, founded in 2010 by Peyush Bansal, Neha Bansal, Amit Chaudhury and Sumeet Kapahi, is an omnichannel eyewear retailer serving more than 2Cr customers in India, the UAE, Singapore and Japan.
Till date, the company has raised over $1.75 Bn from investors, including ChrysCapital, Abu Dhabi Investment Authority and Temasek, among others.
On the financial front, the eyewear giant’s consolidated net profit for Q4 FY26 declined 7.5% to ₹203.6 Cr from ₹220.1 Cr in the year-ago period. Operating revenue zoomed 46% YoY to ₹2,515.7 Cr.
Currently, shares of Lenskart were trading marginally down by 0.38% at ₹536.50 apiece on the BSE, as of 13:33 IST.
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