Wakefit Innovations IPO Details
The Wakefit Innovations IPO is a book build issue with a total issue size of ₹1288.89 cr, comprising of fresh issue of 19342461 equity shares., and a offer for sale of 46754405 equity shares. Wakefit Innovations IPO opened for subscription on Dec 08, 2025 and closed on Dec 10, 2025. Wakefit Innovations IPO is set price band at ₹185 to ₹195 per share, with a lot size of 76 shares. Minimum investment for Retail investors was ₹14,820.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Dec 11, 2025, and listed on both the NSE and BSE on Dec 15, 2025.
MUFG Intime India Private Limited has been appointed as the registrar. IIFL Capital Services Limited, Axis Capital Limited and Nomura Financial Advisory And Securities (India) Pvt Ltd are the Book Running Lead Manager for the issue.
Before investing in the Wakefit Innovations IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 185 – 195
- Lot Size
- 76
- Issue Size
- ₹1288.89 Cr
- Minimum Investment
- ₹14820 (76 Shares)
- Listing Date
- 15 December 2025
Current GMP
₹4 (+2.05%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Wakefit Innovations Limited
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.
Wakefit Innovations IPO Promoters
- Ankit Garg
- Chaitanya Ramalingegowda
Promoters Holding
Holding Pre Issue
43.01%
Holding Post Issue
36.83%
Wakefit Innovations IPO Objective
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
Book Running Lead Managers
- IIFL Capital Services Limited
- Axis Capital Limited
- Nomura Financial Advisory And Securities (India) Pvt Ltd
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 with a total issue size of ₹1288.89 crore. The Wakefit Innovations IPO price band is ₹185 to 195 per share. The Wakefit Innovations IPO subscription opens on Mon, Dec 8, 2025, and closes on Wed, Dec 10, 2025. The Wakefit Innovations IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Wakefit Innovations IPO.
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 per share.
Wakefit Innovations IPO lot size is 76 shares, Retail investors need a minimum investment of ₹14820 based on the upper price band
The minimum investment for Wakefit Innovations IPO is ₹14820, based on one lot of 76 shares at the upper price band of ₹195 per share.
Investors can apply for the Wakefit Innovations IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Dec 10, 2025. The application amount remains blocked until the Wakefit Innovations IPO allotment is finalized.
Wakefit Innovations IPO issue size is ₹1288.89 crores.
Wakefit Innovations IPO allotment date is Wed, Jul 1, 2026.
The registrar for Wakefit Innovations IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Wakefit Innovations IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.