Wakefit IPO

Wakefit Innovations IPO is a book-built issue worth Rs 1,288.89 crores, comprising a fresh issue of Rs 377.18 crores and an Offer for Sale of Rs 911.71 crores. The IPO opens for subscription on December 8, 2025, and closes on December 10, 2025, with allotment expected on December 11, 2025, and listing on BSE and NSE scheduled for December 15, 2025. The price band is set at Rs 185–195 per share, and the lot size is 76 shares, requiring a minimum retail investment of Rs 14,820. Axis Capital Ltd. is the lead manager, while MUFG Intime India Pvt. Ltd. is the registrar.

Wakefit IPO Details

Check out the issue details for Wakefit IPO as disclosed in SEBI.

Price Band

₹ 185 - 195

Issue Size

1288.89 Cr.

Issue Type

Book Built

Open

2025-12-08

Close

2025-12-10

Wakefit News

Wakefit Innovations gets SEBI’s nod for IPO8 Oct 2025, 3:05PM Wakefit Innovations files draft IPO papers with SEBI30 Jun 2025, 3:13PM

Company Financials

You can get the following financial statements of Wakefit as of now.

Company Name

Wakefit

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

Wakefit IPO Details

The details about the Wakefit IPO are as follows:

  • The issue size of the IPO is Rs 1,288.89 Cr.
  • The price band for Wakefit IPO is Rs 185 to Rs 195.
  • The shares of Wakefit IPO will list on BSE and NSE.
  • The latest tentative GMP of Wakefit IPO is Rs .
  • The shares of Wakefit IPO are subscribed _ Times.

 

Wakefit IPO Valuation

The approximate valuation of Wakefit IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 195
Existing Shares (Qty) 30.74 Cr
Fresh Issue Rs 377.18 Cr
Market Cap Rs 6371.48 Cr
EPS (FY25) Rs -1.15
Industry PE 77.26x

 

Wakefit IPO Issue Size

Wakefit IPO issue size is Rs 1,288.89 Cr.

Issue Amount
Fresh Issue Rs 377.18 Cr
Offer For Sale Rs 911.71 Cr

 

Wakefit IPO Market Lot

An individual can apply for a minimum of 1 lot of 76 shares and a maximum of 13 lots (988 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 76 Rs 14,820
Retail Maximum 13 988 Rs 1,92,660

 

Wakefit IPO Share Offer

The shares of Wakefit IPO are subscribed _ Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not less than 75%
Non-Institutional Not more than 15%
Retail Individual Not more than 10%

 

Wakefit IPO GMP (Grey Market Premium)

As on GMP (Tentative)
2 December 2025 Rs

Wakefit IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Wakefit IPO Dates

Find below the dates for Wakefit IPO

Schedule Date
Basis of Allotment 11 Dec 2025
Refunds 12 Dec 2025
Credit to Demat Account 12 Dec 2025
IPO Listing Date 15 Dec 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 408.6 632.59 812.62 986.35 1273.69
Total Expenditure 448.62 711.3 904.68 950.29 1213.81
Operating Profit -40.02 -78.71 -92.06 36.07 59.88
Other Income 8.22 4.44 7.39 30.98 31.74
Interest 0.33 8.21 13.74 18.21 30.38
Depreciation 5.29 24.05 47.27 63.89 96.24
Exceptional Items 0 0 0 0 0
Profit Before Tax -37.42 -106.52 -145.68 -15.05 -35
Provision for Tax -0.37 0 0 0 0
Net Profit -37.05 -106.52 -145.68 -15.05 -35
Adjusted EPS (Rs.) -0.31 -0.88 -1.2 -0.12 -0.28

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 1.66 1.81 18.09 20.28 20.3
Total Reserves 237.79 339.53 486.99 523.33 500.27
Borrowings 0 0 0 0 0
Other N/C liabilities 0.32 103.72 114.79 145.21 210.8
Current liabilities 74.23 128.66 171.94 239.48 319.38
Total Liabilities 314 573.72 791.8 928.3 1050.75
Assets
Net Block 48.54 227.03 289.61 329.37 415.41
Capital WIP 1.53 42.97 3.47 2.14 0.74
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 30.07 19.61 16.57 22.67 24.38
Other N/C Assets 0 0 96.57 0 72.74
Current Assets 233.86 284.11 385.58 574.12 537.48
Total Assets 314 573.72 791.8 928.3 1050.75
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations -37.42 -106.52 -145.68 -15.05 -35
Adjustment 7.36 35.16 63.74 65.66 110.04
Changes in Assets & Liabilities -37.82 -73.13 57.23 31.5 0.32
Tax Paid -1.49 -3.1 4.25 -1.51 1.31
Operating Cash Flow -69.37 -147.59 -20.46 80.59 76.67
Investing Cash Flow -104.03 -50.21 -201.18 -147.24 -2.11
Financing Cash Flow 184.96 190.21 274.6 8.75 -71.07
Net Cash Flow 11.56 -7.6 52.96 -57.9 3.49

Wakefit Innovations IPO: Date, Price Band, & Company Details

Wakefit Innovations, a leading direct-to-consumer (D2C) furniture and mattress brand, is set to launch its Initial Public Offering (IPO) on December 8, 2025. The public issue, which will close on December 10, 2025, aims to raise Rs 1,288.89 crore through a combination of a fresh issue of shares and an Offer for Sale (OFS) by its promoters and investors.

About Wakefit Innovations

Founded in 2016, Wakefit has emerged as one of India's most successful D2C brands in the home and furniture category. The company has built a strong reputation for offering high-quality, affordable mattresses, furniture, and home furnishing products through an omnichannel approach that combines online and offline retail.

Key Business Highlights

  • Omnichannel Presence: Wakefit operates through multiple channels, including its own website, e-commerce marketplaces, and a growing network of company-owned company-operated (COCO) stores. As of September 30, 2025, the company has 125 stores across 62 cities in 19 states and 2 union territories.

  • Wide Product Portfolio: The company offers a comprehensive range of products, including mattresses, beds, sofas, wardrobes, and other home furnishing items, catering to diverse customer needs.

  • Pan-India Distribution: Wakefit sells its products across 700 districts in 28 states and 6 union territories, demonstrating its extensive reach across India.

  • Financial Performance: The company's revenue increased by 28% between fiscal year 2024 and fiscal year 2025, reflecting strong demand for its products.

Wakefit Innovations IPO Details (2025)

  • IPO Open Date: December 8, 2025

  • IPO Close Date: December 10, 2025

  • Listing Date: December 15, 2025

  • Price Band: Rs 185 – Rs 195 per share

  • Issue Size: Rs 1,288.89 crore

  • Fresh Issue: Rs 377.18 crore

  • Offer for Sale (OFS): Rs 911.71 crore

  • Lot Size: 76 Shares

  • Minimum Investment (Retail): Rs 14,820 at the upper price band

IPO Structure & Utilisation

  • Offer for Sale: The OFS component will see promoters Ankit Garg and Chaitanya Ramalingegowda, along with investors including Peak XV Partners, Redwood Trust, and Verlinvest S.A., offloading their stakes.

  • Use of Proceeds: The funds raised from the fresh issue will be utilised for the company's expansion and operational needs:

    • Store Expansion: Rs 30.84 crore for setting up 117 new COCO Regular Stores

    • Lease and Rent Payments: Rs 161.47 crore for lease, sub-lease rent, and license fee payments for existing stores

    • General Corporate Purposes: The remaining funds will be allocated for working capital and other corporate requirements

  • Reservation: The issue has a reservation of not more than 75% for Qualified Institutional Buyers (QIBs), not more than 15% for Non-Institutional Investors (NIIs), and not more than 10% for retail investors.

Key Dates & Timeline

  • Anchor Investor Bidding: December 5, 2025

  • IPO Opening: December 8, 2025

  • IPO Closing: December 10, 2025

  • Allotment Finalisation: December 11, 2025

  • Listing on BSE & NSE: December 15, 2025

Frequently Asked Questions (FAQs) about Wakefit Innovations IPO

Q1: When is the Wakefit IPO scheduled to open?
The IPO will be open for subscription from December 8 to December 10, 2025.

Q2: What is the issue size and price band for the Wakefit IPO?
The total issue size is Rs 1,288.89 crore, and the price band has been set at Rs 185 to Rs 195 per share.

Q3: Who are the promoters of Wakefit?
The promoters of Wakefit Innovations are Ankit Garg and Chaitanya Ramalingegowda.

Q4: How will the funds raised from the IPO be used?
The proceeds from the fresh issue will be used for opening 117 new stores, paying lease and rent for existing stores, and for general corporate purposes.

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