SBI Mutual Fund invests Rs 100 crore in Lenskart in pre IPO-round
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SBI Optimal Equity Fund (AIF) and SBI Emergent Fund (AIF), managed by SBI Mutual Fund, have invested Rs 100 crore in eyewear retailer Lenskart Solutions Limited through a pre-IPO transaction at a transfer price of Rs 402 per equity share. The investment comes ahead of Lenskart’s Initial Public Offering (IPO), scheduled to open on Friday, October 31, 2025. Also Read | Silver ETFs down up to 28%: Buy the dip or stay away? As part of the transaction, Neha Bansal, one of Lenskart’s promoters, who held 7.61% of the company’s pre-offer paid-up equity share capital (on a fully diluted basis) prior to the transfer, sold 2,487,561 equity shares. Following the transaction, her stake stands at 7.46% on a fully diluted basis. The share sale is not part of the IPO’s Offer for Sale.Last week, billionaire investor Radhakishan Damani, founder of Avenue Supermarts (DMart), invested around Rs 90 crore in Lenskart through a pre-IPO transaction, according to...