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Stake sale: Alpha Wave to sell up to 1.6% of Lenskart in block deal

The block deal carries a floor price of ₹640 per share, and the stake sale could be worth up to ₹1,691 crore.
Stake sale: Alpha Wave to sell up to 1.6% of Lenskart in block deal
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  • Alpha Wave Ventures LP is the seller in the deal
  • The stake on offer is up to 1.6% in Lenskart Solutions
  • The deal could be worth up to ₹1,691 crore

Alpha Wave Ventures LP plans to dispose of up to 1.6% of Lenskart Solutions through a block trade. The sale is being carried out in one large transaction.

The deal could bring in up to ₹1,691 crore. The floor price has been set at ₹640 per share, which is the lowest price buyers can pay.

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