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Allotment

Wakefit Innovations Limited

Wakefit Innovations IPO is a book-built issue aggregating to ₹1,288.89 crore, comprising a fresh issue of 1.93 crore equity shares amounting to ₹377.18 crore and an offer for sale of 4.68 crore equity shares aggregating to ₹911.71 crore.

The IPO opened for subscription on December 8, 2025, and closed on December 10, 2025. The basis of allotment was finalized on December 11, 2025, and the equity shares are proposed to be listed on BSE and NSE on December 15, 2025.

The price band for the Wakefit Innovations IPO is fixed at ₹195 per share. The lot size is 76 shares, requiring a minimum retail investment of ₹14,820 (at the upper end of the price band).

For non-institutional investors:

sNII: Minimum application of 14 lots (1,064 shares) amounting to ₹2,07,480

bNII: Minimum application of 68 lots (5,168 shares) amounting to ₹10,07,760

Axis Capital Ltd. is the Book Running Lead Manager to the issue, while MUFG Intime India Pvt. Ltd. has been appointed as the Registrar to the Issue.

Investors are advised to refer to the Wakefit Innovations IPO Red Herring Prospectus (RHP) for detailed information.

Wakefit Innovations Limited IPO & Charts
₹195

0%

Open

₹195

HIgh - Low

₹195

Previous Close

₹195

Total Traded Value

0

52 Weeks High

₹195

52 Weeks Low

₹195

Updates On

Dec 1, 2025

IPO. Open

Dec 8, 2026

IPO. Close

Dec 10, 2026

IPO. Price

₹195.00

IPO Market price

₹6,373.16 Cr

IPO Details

IPO Date 15 Dec
IPO Listing Date 15 Dec
IPO Face Value ₹1 Per Equity Share
IPO Price Range ₹195.00
IPO Issue Size 6,60,96,866 shares
IPO Sale Type Fresh Capital & OFS
Employee Discount -
IPO Issue Type Bookbuilding IPO
IPO Listing BSE, NSE Platform
Share Holding Pre Issue 30,74,86,214 shares

IPO Timeline

IPO Open Date 8 Dec
IPO Close Date 10 Dec
IPO Allotment (Tentative) 11 Dec
Refunds 12 Dec
Credit to Demat Account 12 Dec
IPO Listing Date 15 Dec

IPO Reservation

Category Offer
QIB Shares Offered 4,95,72,651 Shares
NII (HNI) Shares Offered 99,14,529 Shares
Retail Shares Offered 66,09,686 Shares

IPO Lot Size

Investors can bid for a minimum of 76 shares, and in multiples of 76 shares thereafter.

Application Lots Share Amount
Retail (Min) 1 76 ₹14,820
Retail (Max) 13 988 ₹1,92,660
S-HNI (Min) 14 1,064 ₹2,07,480
S-HNI (Max) 67 5,092 ₹9,92,940
B-HNI (Min) 68 5,168 ₹10,07,760
About Company

Incorporated in 2016, Wakefit Innovations Limited is an Indian Direct-to-Consumer (D2C) home and sleep solutions company, widely recognized for its high-quality and affordable mattresses, furniture, and home décor products.

The company initially built its brand through memory foam mattresses sold directly to consumers online, eliminating intermediaries and offering competitively priced products. Over the years, Wakefit has expanded its product portfolio to include pillows, beds, sofas, study tables, wardrobes, and a wide range of furniture and home furnishing solutions, catering to the evolving needs of modern Indian households.

Wakefit primarily operates through its digital platforms, supported by a robust logistics and customer service infrastructure, enabling efficient delivery across urban and semi-urban markets in India.

Product Portfolio :

Mattresses

Furniture

Furnishings

The company sells its products across 700 districts spanning 28 states and 6 union territories. As of September 30, 2025, Wakefit operates 125 physical stores in 62 cities across 19 states and 2 union territories, strengthening its omnichannel presence.

Competitive Strengths :

One of the largest and fastest-growing D2C home and furnishing solutions platforms in India

Comprehensive home and furnishing solutions brand with a strong emphasis on product innovation

Full-stack, vertically integrated operations with differentiated processes and technical capabilities

Omnichannel sales presence, supported by a strategically located physical store network

Multi-faceted marketing strategy that enhances brand visibility and customer engagement

Wakefit Innovations Ltd. reported a 28% increase in revenue and a 133% decline in profit after tax (PAT) for the financial year ended March 31, 2025, compared to the previous year ended March 31, 2024.

Company Financials (Consolidated)

Assets 1,220.34 1,050.75 928.3
Total Income 741.3 1,305.43 1,017.33
Profit After Tax 35.57 -35 -15.05
EBITDA 103.19 90.83 65.85
NET Worth 557.34 520.57 543.61
Reserves and Surplus 522.34 500.27 523.33
Total Borrowing - - -

Key Performance Indicator (KPI)

ROE -7%
ROCE -1%
Debt/Equity 0.53
RoNW -6.72%
PAT Margin -2.75%
EBITDA Margin 7.13%
Price to Book Value -
IPO Objective

IPO Objects of the Issue

S.No. Objects of the ipo Resources Detail IPO Amount
1 Funding capital expenditure requirements for the purchase of equipment/machineries -
2 To meet out the expenses of Working Capital Requirement -
3 To meet out the General Corporate Purposes; 33.07
4 Offer for Sale (OFS) -

Contact Details

Wakefit Innovations Ltd.
Umiya Emporium, 97-99,
2 nd and 4th Floor,
Adugodi, Tavarekere, Opp. Forum Mall, Hosur Road,
Bengaluru, Karnataka, 560029
Phone: 080 67335544
Email: investorscompliance@wakefit.co
Website: http://www.wakefit.co/

Detail Registrar

IPO Registrar

MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: wakefitinnovations.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

FAQ

The Wakefit Innovations IPO was a ₹1,288.89 crore book-built issue, open from December 8–10, 2025, and listed on BSE and NSE on December 15, 2025.

The IPO price was fixed at ₹195 per share with a lot size of 76 shares, requiring a minimum retail investment of ₹14,820 at the issue price.

The IPO comprised a fresh issue of ₹377.18 crore and an offer for sale of ₹911.71 crore, aimed at retail expansion, marketing initiatives, capital expenditure, and general corporate purposes.

Wakefit Innovations is a D2C home and sleep solutions company offering mattresses, furniture, and furnishings through digital platforms and an expanding omnichannel retail store network across India.

Despite strong revenue growth, the company reported losses in recent years, reflecting high expansion and marketing costs, while focusing on scale, brand building, and long-term profitability.

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