4 days ago
Lenskart Block Deal Sees Alpha Wave Sell 2.95 Crore Shares
Lenskart had a large share trade on Friday.
Shares worth ₹1,857 crore changed hands.
Alpha Wave Ventures and related investors sold nearly 2.95 crore shares.
Each share was sold for ₹630.
Several types of investors bought the shares.
These included mutual funds, insurers, pension funds and overseas investors.
Lenskart also recently reported strong growth in profit and revenue.
The article does not specify how much each buyer purchased.
Lenskart Solutions recorded a ₹1,857 crore block deal on Friday.
Alpha Wave Ventures and affiliates sold nearly 2.95 crore shares.
The shares were sold at ₹630 apiece.
Mutual funds, insurers, pension funds and overseas investors bought shares.
The deal came alongside strong quarterly profit and revenue growth.
- Who
- Alpha Wave Ventures and its affiliates sold shares in Lenskart Solutions to various institutional and overseas investors, including ICICI Pru MF and NPS Trust.
- What
- A ₹1,857 crore block deal involving nearly 2.95 crore Lenskart shares took place at ₹630 per share.
- Where
- When
- Friday.
- Why
- Alpha Wave Ventures and its affiliates offloaded their shares, while the stock changed hands among several investor groups.
Key facts
- Company
- Lenskart Solutions
- Deal value
- ₹1,857 crore
- Shares sold
- Nearly 2.95 crore
- Price per share
- ₹630
- Seller
- Alpha Wave Ventures and its affiliates
- Buyer groups
- Mutual funds, insurers, pension funds and overseas investors
- Related performance
- Lenskart’s latest quarterly results showed strong profit and revenue growth








