Wakefit Innovations IPO
Open MainLineCurrent GMP
₹4 (+2.05%)
Price Band
₹ 185 – 195
Lot Size
76
Issue Size
₹1288.89 Cr
Minimum Investment
₹14820 (76 Shares)
Listing Date
15 December 2025
Subscription
2.52x
About the 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 first gained prominence through its memory foam mattresses, which were sold directly to customers via online channels. By removing intermediaries, Wakefit was able to offer superior quality at competitive prices. Over the years, the brand expanded its offerings to include a comprehensive range of home and furniture products such as pillows, beds, sofas, wardrobes, study tables, and other household essentials—effectively catering to the evolving needs of modern Indian households.
Wakefit operates primarily through digital platforms, supported by robust logistics and customer service capabilities, enabling it to serve customers across both urban and semi-urban regions of India.
Product Portfolio
- Mattresses
- Furniture
- Furnishings
Wakefit sells its products across 700 districts, spanning 28 states and 6 union territories in India. As of September 30, 2025, the company operates 125 stores across 62 cities in 19 states and 2 union territories, complementing its strong online presence.
Promoters
- Ankit Garg
- Chaitanya Ramalingegowda
Promoters Holding
Holding Pre Issue
43.01%
Holding Post Issue
36.83%
Objects of the Issue
The Company Wakefit Innovations IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Capital expenditure to be incurred by our Company for setting up of 117 new COCO – Regular Stores and one COCO – Jumbo Store
- Expenditure for lease, sub-lease rent and license fee payments for our existing COCO – Regular Stores
- Capital expenditure to be incurred by our Company for purchase of new equipment and machinery
- Marketing and advertisement expenses towards enhancing the awareness and visibility of our brand
- General corporate purposes
Address / Contact Info
Wakefit Innovations Limited
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/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 08 December 2025
IPO Close Date
Wednesday, 10 December 2025
Basis of Allotment
Thursday, 11 December 2025
Initiation of Refunds
Friday, 12 December 2025
Credit of Shares to Demat
Friday, 12 December 2025
Listing Date
Monday, 15 December 2025 — NSE & BSE
Important Dates
Open Date
08 December 2025
Close Date
10 December 2025
Basis Of Allotment
11 December 2025
Listing Date
15 December 2025
Financial Performance (₹ in Crores)
| Particular | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 1220.34 | 1050.75 | 928.3 | 791.8 |
| Revenue | 741.3 | 1305.43 | 1017.33 | 820.01 |
| Profit After Tax | 35.57 | -35 | -15.05 | -145.68 |
| Net Worth | 557.34 | 520.57 | 543.61 | 505.08 |
| Reserve & Surplus | 522.34 | 500.27 | 523.33 | 486.99 |
| Total Borrowings | 0 | 0 | 7.36 | 0 |
EPS Pre
0.00%
EPS Post
0.00%
P/E Pre
0.00
P/E (Post Issue)
0.00x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | -6.58 | -2.87 | -34.43 |
| ROCE % | -0.68 | 0.27 | -20.53 |
| Debt / Equity | 0.53 | 0.35 | 0.28 |
| RoNW % | -6.72 | -2.77 | -28.84 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | -2.75 | -1.53 | -17.93 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 19829061 | 54.55 | 0 |
| Non-Institutional | 9914529 | 27.27 | 0 |
| BNII | 6609686 | 18.18 | 0 |
| SNII | 3304843 | 9.09 | 0 |
| Retail Investors | 6609686 | 18.18 | 0 |
| Total | 36353276 | 100 | 0 |
Subscription Status ( Wed, 10 Dec 25 01:53 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 19829061 | 60246188 | 3.04x |
| Non-Institutional | 9914529 | 10451748 | 1.05x |
| BNII | 6609686 | 5788084 | 0.88x |
| SNII | 3304843 | 4663664 | 1.41x |
| Retail Investors | 6609686 | 20974784 | 3.17x |
| Total | 36353276 | 91672720 | 2.52x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Wakefit Innovations Ltd | 1 | 0.00 | -1.15 | -1.15 | -6.72 | 16.96 |
| Sheela Foam Ltd | 5 | 77.26 | 8.84 | 8.84 | 2.98 | 278.35 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 76 | 14,820.00 |
| Retail (Max) | 13 | 988 | 192,660.00 |
| S-HNI (Min) | 14 | 1,064 | 207,480.00 |
| S-HNI (Max) | 67 | 5,092 | 992,940.00 |
| B-HNI (Min) | 68 | 5,168 | 1,007,760.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- IIFL Capital Services Limited
- Axis Capital Limited
- Nomura Financial Advisory And Securities (India) Pvt Ltd
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Wakefit Innovations IPO is a Book-building IPO worth ₹1288.89 crores. The price band is ₹185 to 195 per share. The IPO opens on Mon, Dec 8, 2025 and closes on Wed, Dec 10, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Wakefit Innovations IPO opens on Mon, Dec 8, 2025 and closes on Wed, Dec 10, 2025
Wakefit Innovations IPO Price Band is ₹185 to 195.
Wakefit Innovations IPO lot size is 76, and the minimum amount required for application is ₹14820.
The minimum investment for Wakefit Innovations IPO is approximately ₹14820 based on the upper price band.
To apply for the Wakefit Innovations IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Dec 10, 2025. After submission, funds are blocked until the basis of allotment of Wakefit Innovations IPO is finalised.
Wakefit Innovations IPO issue size is ₹1288.89 crores.
Wakefit Innovations IPO allotment date is Sat, Jun 27, 2026.
The registrar for Wakefit Innovations IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Wakefit Innovations IPO through their official website or helpline.
The Wakefit Innovations IPO GMP (Grey Market Premium) is ₹4 as of Mon, Dec 15, 2025. Based on the upper price band of ₹195 per share, the estimated Wakefit Innovations IPO listing price is ₹199, indicating a potential listing gain of approximately 31% over the issue price.