MacRitchie Investments Divests Stake in Lenskart

MacRitchie Investments, supported by Temasek, has successfully sold a 2.05% stake in omnichannel eyewear retailer Lenskart Solutions, valued at Rs 1,940 crore or approximately $204 million through transactions in the open market.

Details of the Sale

According to Lenskart’s exchange filing from July 14, the Singapore-based investment firm offloaded 3.56 crore equity shares on July 10. Consequently, MacRitchie Investments has seen its direct stake in Lenskart decrease from 4.26% to 2.21%.

Temasek’s Remaining Stake

Despite this recent transaction, Temasek still retains a 4.75% stake in Lenskart through MacRitchie Investments and affiliated entities such as Jongsong Investments and V-Sciences Investments, down from a previous 6.80%.

Transaction Value Insights

While the filing did not specify the exact transaction value, estimates place the stake sale at around Rs 1,940 crore, derived from Lenskart’s closing price of Rs 544 on July 10.

Investor Activity Post-Listing

Since Lenskart’s listing, early investors have been active in monetising their shares. Last month, SoftBank exited with a sale of a 3.25% stake for Rs 2,873 crore. Meanwhile, the ADIA-backed Platinum Jasmine A 2018 Trust sold a 2.3% stake for Rs 1,960 crore, both transactions experiencing substantial institutional interest.

About Lenskart

Lenskart was established by Peyush Bansal, Amit Chaudhary, and Sumeet Kapahi, maintaining a strong presence in both online and offline markets. The company boasts thousands of retail locations across India and international territories, along with manufacturing eyewear through its in-house facilities.

Recent Financial Performance

In its Q4 FY26 financial results, Lenskart revealed a remarkable 46% year-on-year increase in revenue, bringing the total to Rs 2,516 crore, with profits reaching Rs 204 crore.

Current Market Status

As of 12:00 PM today, shares of Lenskart are trading at roughly Rs 538.9, contributing to a total market capitalisation of Rs 93,639 crore, which is equivalent to $9.85 billion.