SBI MF invests Rs 100 Cr in Lenskart in pre-IPO round

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SBI Mutual Fund, through its SBI Optimal Equity Fund (AIF) and SBI Emergent Fund (AIF), has invested Rs 100 crore in a secondary transaction in Lenskart, ahead of the company’s IPO opening for subscription on October 31.

SBI Mutual Fund purchased 2,487,561 equity shares of Lenskart from co-founder Neha Bansal at Rs 402 per share, amounting to Rs 100 crore on October 28, 2025. The transaction represents a 0.15% stake in the company on a fully diluted basis.

Neha Bansal also sold 2.24 million (22.38 lakh) shares of Lenskart to Shrikanta R. Damani, wife…



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SBI MF invests Rs 100 Cr in Lenskart in pre-IPO round


SBI Mutual Fund, through its SBI Optimal Equity Fund (AIF) and SBI Emergent Fund (AIF), has invested Rs 100 crore in a secondary transaction in Lenskart, ahead of the company’s IPO opening for subscription on October 31.

SBI Mutual Fund purchased 2,487,561 equity shares of Lenskart from co-founder Neha Bansal at Rs 402 per share, amounting to Rs 100 crore on October 28, 2025. The transaction represents a 0.15% stake in the company on a fully diluted basis.

Neha Bansal also sold 2.24 million (22.38 lakh) shares of Lenskart to Shrikanta R. Damani, wife…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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