Shares of Lenskart Solutions declined 3% to the day’s low of Rs 627 on the BSE on Friday after Alpha Wave Ventures sold up to 2.1 crore shares, or a 1.2% stake in the company, worth Rs 1,313 crore through a block deal.Alpha Wave Ventures II, LP held 2.12 crore shares, representing a 1.22% stake in Lenskart Solutions as of June 30, 2026.
Spark Institutional Equities and Kotak Securities are handling the deal.
The lock-in period is 45 days.This comes days after SoftBank sold shares worth about Rs 2,888 crore in eyewear retailer Lenskart through a block deal on Monday.
SoftBank sold 4.5 crore shares, or about a 2.6% stake in Lenskart, at Rs 641.75 apiece, exchange data showed.Also read | Lenskart shares block deal: Alpha Wave Ventures II likely to sell 1.2% stake worth Rs 1,313 croreLenskart share priceThis comes after a sharp spike in Lenskart shares.
The stock had debuted on stock market debut in November 2025 after raising Rs 7,278 crore through a combination of a fresh issue of and an offer for sale by promoters and existing investors.
