Lenskart Solutions Limited
Kotak Mutual Fund entered Lenskart Solutions with a new position, acquiring 2,98,94,853 shares, which represents a 1.72% stake in the company. The stake is worth ₹1,611.45 crore at a share price of ₹539.15. Kotak Mutual Fund was among the domestic mutual funds that participated in Lenskart's anchor round for its IPO, subscribing to shares at ₹402 apiece.
A technology-driven eyewear retailer that designs, manufactures, and sells prescription glasses, sunglasses, contact lenses, and accessories across India. The company combines in-house manufacturing capabilities with a multi-channel retail presence, leveraging digital platforms and physical stores to distribute eyewear products to consumers nationwide. Its vertically integrated business model allows direct control over product quality, cost management, and supply chain efficiency while maintaining brand consistency.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.