The latest from the upcoming Lenskart IPO- Neha Bansal, one of the promoters of Lenskart Solutions, has sold a 0.15% stake at a value of Rs 100 crore to two schemes of SBI Mutual Funds in a pre-IPO offer. Both transactions were valued at Rs 402 per share, the upper end of the Lenskart price band

SBI MF: Lenskart stake buy details

Neha Bansal held 7.61% of Lenskart’s pre-offer paid-up equity share capital, on a fully diluted basis, before the transaction. The Promoter transferred 2.5 lakh equity shares to the mutual fund. The Promoter retained 7.46% of the company’s pre-offer share capital on a fully diluted basis following the transfer. The sale of shares is not included in the IPO Offer for Sale.

SBI Optimal Equity Fund (AIF) and SBI Emergent Fund (AIF), invested at a transfer price of

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