Lenskart Solutions Limited
Kotak Offshore bought 30,62,138 shares of Lenskart Solutions Limited for ₹155.73 crore at ₹508.55 apiece in a block deal. This was part of a larger block deal where SVF II Lightbulb (Cayman), a SoftBank entity, sold 5.65 crore shares of Lenskart. Kotak Offshore was one of several buyers in this transaction, which also included other mutual funds and financial institutions.
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.
India FPI activity attributed to Kotak Mahindra group affiliates and offshore funds investing in listed Indian equities.