wakefit innovations limited IPO
IPO Overview
Wakefit innovations limited IPO is a Mainboard public issue offered through a Book Building issue with a total issue size of ₹1,288.89 Cr. The IPO price band is set at ₹185 to ₹195 per share, and retail investors can apply with a minimum investment of ₹14.8K as per IPO guidelines.
The Wakefit innovations limited IPO opens on 8 Dec 2025 and closes on 10 Dec 2025. The IPO allotment is expected to be finalized on 11 Dec 2025, and the equity shares are proposed to be listed on BSE,NSE on 15 Dec 2025.
Investors can refer to the Wakefit innovations limited IPO RHP-DRHP for detailed information. The issue is managed by Axis Capital Ltd.,IIFL Capital Services Ltd.,Nomura Financial Advisory,Securities (India) Pvt.Ltd. as the book running lead manager, while MUFG Intime India Private Limited (Link Intime) is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
The company initially gained popularity with its memory foam mattresses sold directly to customers online, eliminating middlemen and offering competitive prices. Over time, Wakefit expanded its portfolio to include pillows, beds, sofas, study tables, wardrobes, and other furniture items, catering to the evolving needs of modern Indian homes.
The company operates primarily through its digital channels, supported by strong logistics and customer service, which enables it to reach customers across urban and semi-urban areas in India.
Product Portfolio:
Mattresses
Furniture
Furnishings
The company sells products across 700 districts across 28 states and 6 union territories. As of Sep 30, 2025, it has 125 stores in 62 cities across 19 states and 2 union territories.
Competitive Strengths:
Largest and fastest growing D2C home and furnishing solutions destination
Comprehensive home and furnishing solutions brand with a core focus on product innovation
Full-stack vertically integrated operations with differentiated processes and technical capabilities
Omnichannel sales presence and strategically located store network
The multi-faceted marketing approach enhancing the brand image
Investment Objective
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 toward enhancing the awareness and visibility of our brand
General corporate purposes