Lenskart shares fell in early trade after a large block deal worth over ₹5,300 crore saw more than 6% of the company’s stake change hands in the market.
Over 11 crore shares were traded through block deals at a discounted price compared to the previous market close, leading to pressure on the stock during the trading session. The decline came on the same day the lock-in period for several pre-IPO investors ended, allowing them to sell their shares in the open market.
Market reports said a number of early investors and shareholders were looking to partially reduce their holdings after the lock-in expiry. With restrictions removed, shares worth nearly ₹51,000 crore became eligible for trading, increasing the possibility of large transactions and profit booking.
Analysts said such movements are common after lock-in periods end, especially in recently listed companies where early investors seek to monetise part of their investments. The sudden rise in tradable shares often creates temporary pressure on stock prices.
Lenskart, founded by Peyush Bansal, made its stock market debut in 2025 and has remained closely watched by investors because of its strong growth in the eyewear and retail technology business. Despite the recent fall, the stock continues to trade above its IPO price.
The company has expanded rapidly in recent years through aggressive store additions, online sales growth, and international expansion. It has also focused on improving profitability while strengthening its presence in both Indian and overseas markets.
At the same time, analysts say the company’s long-term performance will depend more on business growth, profitability, and expansion plans rather than temporary selling pressure linked to block deals.