SBI MF invests Rs 100 Cr in Lenskart in pre-IPO round

SBI Mutual Fund, through its SBI Optimal Equity Fund (AIF) and SBI Emergent Fund (AIF), has invested Rs 100 crore in a secondary transaction in Lenskart, ahead of the company’s IPO opening for subscription on October 31.

SBI Mutual Fund purchased 2,487,561 equity shares of Lenskart from co-founder Neha Bansal at Rs 402 per share, amounting to Rs 100 crore on October 28, 2025. The transaction represents a 0.15% stake in the company on a fully diluted basis.

Neha Bansal also sold 2.24 million (22.38 lakh) shares of Lenskart to Shrikanta R. Damani, wife…