Lenskart shares block deal: Alpha Wave Ventures II likely to sell 1.2% stake worth Rs 1,313 crore
- Posted on August 27, 2026
- By Business News Today
- 1 Views
- 1 min read
In brief
Investment firm Alpha Wave Ventures II is executing a secondary market transaction to divest approximately 1.2% of its holdings in eyewear retailer Lenskart. The share block deal involves offloading 20.8 million shares priced at ₹630 each, translating to a total valuation of ₹1,313 crore. This transaction represents a modest 1.7% discount to prevailing market rates, reflecting investor confidence in the company's valuation despite the fund's partial exit strategy.
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Lenskart shares block deal: Alpha Wave Ventures II likely to sell 1.2% stake worth Rs 1,313 crore
Alpha Wave Ventures II plans to sell up to 20.8 million Lenskart shares worth ₹1,313 crore at ₹630 apiece, a 1.7% discount. The secondary transaction represents about 1.2% stake, with Lenskart receiving no proceeds from the sale.
