Synopsis :- Under are the 2 new age firms wherein an Ace Investor Radhakrishan Damani purchased a brand new stake.
Ace investor Radhakishan Damani has diversified his portfolio by making contemporary investments in choose growth-oriented shares, signaling his confidence in rising sectors and long-term market alternatives.
Under are the record of Corporations wherein Radhakishan Damani purchased contemporary stake
Lenskart Options Ltd
Lenskart Options Ltd., based in 2008, is a tech-driven eyewear firm providing a variety of eyeglasses, sun shades, and lenses below a direct-to-consumer mannequin. As of March 2025, it operated 2,723 shops globally and manufactures in India, Singapore, and the UAE, enabling fast nationwide and worldwide supply.
Its IPO opens on October 31, 2025, and closes on November 4, 2025, with a value band of Rs. 382–Rs. 402 per share. Gray Market Premium (GMP) suggests robust investor curiosity, with the unlisted share value touching round Rs. 485 per share, indicating a GMP of roughly Rs. 83–Rs. 103 above the difficulty value band.
An Ace investor Radhakishan Damani, founding father of D-Mart, recognized for his value-investing strategy, has diversified into the new-age shopper web sector with a Rs. 90 crore pre-IPO funding in Lenskart. This transfer signifies confidence in Lenskart’s robust monetary efficiency and omnichannel retail technique.
Over the previous 5 years, Lenskart’s income has grown from Rs. 967 crore in FY20 to over Rs. 5,427 crore in FY24, marking its transformation right into a market chief. The corporate’s FY23 income surged 150 p.c YoY to Rs. 3,788 crore, adopted by 43 p.c development in FY24, reflecting sustained growth and profitability in India’s fast-growing eyewear section.
Everlasting Ltd
Everlasting Restricted, previously Zomato Restricted, based in 2008 and based mostly in Gurugram, operates numerous e-commerce platforms for meals supply, fast commerce, B2B provides, and leisure. Its key providers embrace Zomato, Blinkit, Hyperpure, and District, alongside fee, promoting, logistics, and monetary options for retailers and clients.
With a market capitalization of Rs. 3,06,881.15 crore, the shares of Everlasting Restricted closed at Rs. 318, down by 3.45 p.c from its earlier day’s closing value of Rs. 329.35 per fairness share.
In response to media stories, Radhakishan Damani, historically recognized for investing in steady retail companies, has just lately expanded into the digital house by buying a 0.5 p.c stake in Everlasting Ltd., the mum or dad firm of Zomato and Blinkit, in September 2025. Alongside together with his spouse, this funding is valued at over Rs. 1,570 crore, marking one other strategic transfer into high-growth, new-age shopper ventures.
High 5 Holdings of Radhakishan Damani
Other than its 67.2 p.c stake in Avenue Supermarts, it additionally holds vital investments within the following 5 firms.
As of September 2025, the corporate holds a 29.1 p.c stake in VST Industries, amounting to roughly 4.94 crore shares valued at Rs. 1,268.1 crore. It additionally owns a 2.4 p.c stake in Sundaram Finance (round 26.3 lakh shares) price Rs. 1,234.9 crore, a 1.23 p.c stake in United Breweries (32.52 lakh shares) valued at Rs. 598 crore, a 1.48 p.c stake in 3M India (1.66 lakh shares) price Rs. 495.4 crore, and a 1.88 p.c stake in TSF Investments comprising 41.7 lakh shares valued at Rs. 284.9 crore.
Written by Akshay Sanghavi
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