Lenskart Solutions Limited

Max Life Insurance bought 23,59,031 shares of Lenskart Solutions Limited for ₹111.68 Cr at ₹473.40 apiece in a block deal. The transaction occurred on the same day the company's six-month post-listing lock-in period expired, releasing approximately 104.7 crore shares, or nearly 60% of its total equity, for trading.

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.

Now branded Axis Max Life after Axis Bank took a controlling stake. Crossed Rs 1.5 lakh crore in AUM in April 2024 with over 20% YoY growth and has continued to compound. CIO Sachin Bajaj has over 25 years of investment experience and runs a multi-cap equity book across ULIP, par and non-par funds with a quality and growth tilt.