Wakefit Innovations IPO
GMP, Subscription, Price, Dates & Financial Details
Trading
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,…
Open Date
Mon, 08 Dec 2025
Close Date
Wed, 10 Dec 2025
Price Band
₹ 185 – 195
Lot Size
76
Issue Size
₹ 1,288.89 Cr
Minimum Investment
₹ 14,820 (76 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Wakefit Innovations IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹1,288.89 Crore, comprising a fresh issue of 1.93 Crore equity shares aggregating to ₹377.18 Crore and an offer for sale (OFS) of 4.68 Crore equity shares aggregating to ₹911.71 Crore by the existing shareholders.
The Wakefit Innovations IPO remained open for subscription from December 08, 2025, to December 10, 2025. The basis of allotment was finalized on December 11, 2025, and the company's shares were listed on the NSE and BSE on December 15, 2025.
The company had fixed the price band at ₹185 to ₹195 per share, with a lot size of 76 shares. Retail investors were required to make a minimum investment of ₹14,820 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. IIFL Capital Services Limited, Axis Capital Limited, and Nomura Financial Advisory And Securities (India) Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Wakefit Innovations Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Wakefit Innovations IPO Timeline (Tentative)
- IPO Open Date
- Mon, 08 Dec 25
- IPO Close Date
- Wed, 10 Dec 25
- Basis of Allotment
- Thu, 11 Dec 25
- Initiation of Refunds
- Fri, 12 Dec 25
- Credit of Shares to Demat
- Fri, 12 Dec 25
- Listing Date
- Mon, 15 Dec 25 — NSE & BSE
Open Date
08 December 2025
Close Date
10 December 2025
Basis Of Allotment
11 December 2025
Listing Date
15 December 2025
IPO Subscription
Check Live Subscription →The Wakefit Innovations IPO has received bids for 9,16,72,720 shares against 3,63,53,276 shares offered, resulting in an overall subscription of 2.52x. the NII category is subscribed 1.05x, Retail Investors 3.17x, and QIBs 3.04x. Within the NII category, BNII is subscribed 0.88x, while SNII is subscribed 1.41x.
QIB
3.04x
NII
1.05x
BNII
0.88x
SNII
1.41x
RII
3.17x
Total
2.52x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 66,09,686 shares, representing 18.18% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 1,98,29,061 shares (54.55%), while Non-Institutional Investors (NIIs) receive 99,14,529 shares (27.27%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 19,829,061 | 54.55% |
| Non-Institutional | 9,914,529 | 27.27% |
| BNII | 6,609,686 | 18.18% |
| SNII | 3,304,843 | 9.09% |
| Retail Investors | 6,609,686 | 18.18% |
| Total | 36,353,276 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Wakefit Innovations Limited KPI Information
| 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 |
| Pat Margin % | -2.75 | -1.53 | -17.93 |
Peers Comparison
| 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 |
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
Wakefit Innovations Limited Address / Contact Details
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
Wakefit Innovations IPO Lot Size
The Wakefit Innovations IPO has a lot size of 76 shares. Retail investors require a minimum investment of ₹14,820 by applying for 1 lot (76 shares). The maximum application allowed for the retail category is 13 lots (988 shares), requiring an investment of ₹1,92,660.
| 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 |
Issue Reservation
- QIB — 54.55%
- NII — 27.27%
- RII — 18.18%
Book Running Lead Managers
- IIFL Capital Services Limited
- Axis Capital Limited
- Nomura Financial Advisory And Securities (India) Pvt Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Wakefit Innovations 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.
When will the Wakefit Innovations IPO open for subscription?
The Wakefit Innovations IPO opens on Mon, Dec 8, 2025 and closes on Wed, Dec 10, 2025
What is Wakefit Innovations IPO Price Band?
Wakefit Innovations IPO Price Band is ₹185 to 195 per share.
What is Wakefit Innovations IPO Lot Size?
Wakefit Innovations IPO lot size is 76 shares, Retail investors need a minimum investment of ₹14820 based on the upper price band
What is the minimum investment for Wakefit Innovations IPO?
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.
How to apply for Wakefit Innovations IPO?
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.
What is Wakefit Innovations IPO Issue Size?
Wakefit Innovations IPO issue size is ₹1288.89 crores.
What is the Wakefit Innovations IPO Allotment Date?
Wakefit Innovations IPO allotment date is Thu, Dec 11, 2025.
Who is the Wakefit Innovations IPO Registrar?
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.
What is the Wakefit Innovations IPO GMP?
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 2.05% over the issue price.
Who is the Wakefit Innovations IPO Lead Manager?
The book-running lead managers (BRLMs) for the Wakefit Innovations IPO are IIFL Capital Services Limited, Axis Capital Limited, and Nomura Financial Advisory And Securities (India) Pvt Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Wakefit Innovations IPO Red Herring Prospectus (RHP).