Peyush Bansal-Led Lenskart Shares Rise on Massive Rs 5,300 Crore Block Deal Triggered by IPO Lock-In Expiry

Shares of Peyush Bansal led Lenskart Solutions Ltd rose during early trade on May 8, 2026, even after the company witnessed massive block deals worth over Rs 5,300 crore following the expiry of a major IPO lock-in period. Investor sentiment remained positive despite the large secondary transactions hitting the counter.

Lenskart, PB Fintech Block Deals: Shares Worth Rs 6,100 Crore Change Hands Amid IPO Lock-In Expiry

According to National Stock Exchange (NSE) data, around 11,22,42,914 shares of Lenskart Solutions changed hands at Rs 473.40 per share, taking the total transaction value to approximately Rs 5,313.58 crore. The deal price represented a discount of nearly 2.94% compared to the stock's previous closing level.

Lenskart Share Price Today on NSE After Block Deal

At around 9:50 AM on May 8, 2026, Lenskart shares were trading at Rs 496.10 on the NSE, up 1.71%, or Rs 8.35, for the day. The stock opened at Rs 487 and climbed to an intraday high of Rs 498.70, while the day's low stood at Rs 473.40.

The gains came even as the company saw heavy trading activity linked to large block deals in the market.

Lenskart IPO Lock-In Expiry in Focus

The heavy trading volume in Lenskart followed the expiry of a major IPO lock-in period on May 8, 2026. Nearly 104.70 crore locked-in shares, representing close to 60% of the company's outstanding equity base, became eligible for trading after the restrictions ended.

Earlier market reports had suggested that large secondary deals could take place after the lock-in expiry. Reports had also indicated that some existing investors may look to pare holdings through block transactions, although the buyers and sellers involved were not officially disclosed.

Know About Lenskart Business Model

Lenskart operates as India's largest vertically integrated, technology-led omnichannel eyewear platform, with a presence across online and offline retail channels.

Analysts tracking the company believe Lenskart has built strong operational entry barriers through its centralised manufacturing facilities, automated supply chain systems, and extensive logistics network, helping it scale efficiently in a highly competitive retail market.

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