Wakefit Innovations IPO

Wakefit Innovations IPO is listed on BSE and NSE, priced at ₹185–₹195 per share. The stock debuted at ₹195 with a flat listing performance. The IPO had a lot size of ₹76 shares and a minimum investment of ₹14,820.

Wakefit Innovations Limited IPO

Mainboard Listed
₹14,820 (76 Shares)
Minimum Investment
Check Allotment
IPO Dates
Dec 8, 2025 – Dec 10, 2025
Price band
₹185-195 per equity share
Minimum Investment
₹14,820
Issue size
₹1288.89 Cr
Lot size
76
Allotment Date
Dec 11, 2025
Listing
Dec 15, 2025
Listing At
BSE, NSE

IPO timeline

  1. Dec 8, 2025

    Open Date

    Completed

  2. Dec 10, 2025

    Close Date

    Completed

  3. Dec 11, 2025

    Allotment Date

    Completed

  4. Dec 15, 2025

    Listing Date

    Completed

Price Summary

Last closing
138.06 (-29.2%)
52 week high
224.00
52 week low
135.52
Last update

Wakefit Innovations IPO Subscription Details

View Subscription Details
QIB 3.04x
Retail 3.17x
NIIs 1.05x
bHNI 0.88x
sHNI 1.41x
Retail 3.17x
Total 2.52x

Wakefit Innovations IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Wakefit Innovations IPO Essentials

Wakefit Innovations IPO Details

Wakefit Innovations IPO is priced at ₹185-195 per share with a total issue size of 1288.89 crore. The IPO has a lot size of 76 shares and is listed on a BSE and NSE.

Issue price
₹185-195 per equity share
Lot size
76 shares
Face value
₹1 Per Equity Share
Issue size
Total 1288.89 Cr :
#Fresh Issue : 1,93,42,461 shares(aggregating up to ₹377.18 Cr) +
#OFS : 4,67,54,405 shares of ₹1(aggregating up to ₹911.71 Cr)
Total issue size
6,60,96,866 shares
(aggregating up to ₹1288.89 crore)
Fresh issue
1,93,42,461 shares
(aggregating up to ₹377.18 crore)
Offer for sale (OFS)
4,67,54,405 shares
(aggregating up to ₹911.71 crore)
Listing at
BSE, NSE
List price
195.0(NSE)
Listing date
Registrar
MUFG Intime India Pvt Ltd
Lead manager
Axis Capital Ltd, IIFL Capital Services Ltd, Nomura Financial Advisory & Securities (India) Pvt Ltd

Market Lot Size

Investors can bid for a minimum of 76 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 76 ₹14,820
Retail(max) 13 988 ₹1,92,660
sHNI(min) 14 1,064 ₹2,07,480
sHNI(max) 67 5,092 ₹9,92,940
sHNI(min) 68 5,168 ₹10,07,760

Wakefit Innovations IPO Documents

Wakefit Innovations IPO Reservation

Wakefit Innovations IPO reservation details show category-wise allocation of shares. Out of the total 66096867 shares, approximately 30% are reserved for QIB, 15% for NII, 10% for retail investors, and 45% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 29743590 (45%)
QIB Shares Offered 19829060 (30%)
NII (HNI) Shares Offered 9914530 (15%)
bHNI > ₹10L 6609687 (10%) 6212
sHNI < ₹10L 3304843 (5%) 3106
Retail Shares Offered 6609687 (10%) 86970
Total Shares Offered 66096867 (100%)

Wakefit Innovations IPO Analytics

Wakefit Innovations IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Wakefit Innovations IPO Subscription Status

Wakefit Innovations IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 2.52x, indicating moderate demand across investor categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 1,98,29,060
99,14,530
66,09,687
33,04,843
66,09,687 3,63,53,277
Day 1 08-12-25 05:00 PM
0.00 x
0.07x
0.03x
0.15x
0.75 x 0.15 x
Day 2 09-12-25 05:00 PM
0.00 x
0.25x
0.13x
0.48x
1.80 x 0.40 x
Day 3 10-12-25 05:00 PM
3.04 x
1.05x
0.88x
1.41x
3.17 x 2.52 x
Total No. of Applications
bHNI sHNI Retail
235108 (Approx) 0.1x 1.27x 2.65x

Wakefit Innovations Valuations

Returns

ROE
-6.58%
ROCE
-0.68%
RoNW
-6.72%
PAT Margin
-2.75%

Fundamentals

Market Cap
6373.16 Cr.

Data sourced from DRHP / RHP • For educational purposes only

Wakefit Innovations Financials( In Crs.)

30-Sep-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 1220.34 1050.75 928.30 791.80
Revenue 741.30 1305.43 1017.33 820.01
Profit After Tax 35.57 -35.00 -15.05 -145.68
Net Worth 557.34 520.57 543.61 505.08
Reserves & Surplus 522.34 500.27 523.33 486.99

Wakefit Innovations Company & Offer Insights

About Wakefit Innovations

The company, Wakefit Innovations Limited, was incorporated in 2016; it is an Indian D2C home and sleep solutions company, best known for its affordable and high-quality mattresses and furniture.

The company initially gained popularity with its memory foam mattresses sold directly to customers online, bypassing middlemen, and offering competitive prices. Over time, Wakefit expanded its portfolio into pillows, beds, sofas, study tables, wardrobes, and other furniture items, catering to the changing needs of the modern Indian home.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

As of December 31, 2024, the company had 2,085 permanent employees, out of which 1,504 were employees (excluding skilled and unskilled labours) and 581 were skilled and unskilled labours.

Wakefit Innovations Promoter(s)

Ankit Garg, Chaitanya Ramalingegowda are the company's promoters of Wakefit Innovations.

Wakefit Innovations IPO Issue Objectives

Capital expenditure to be incurred by our Company for setting up of 117 new COCO – Regular Stores – ₹30.84 Cr
Expenditure for lease, sub-lease rent and license fee payments for our existing COCO – Regular Stores – ₹161.47 Cr
Capital expenditure to be incurred by the Company for purchase of new equipment and machinery – ₹15.41 Cr
Marketing and advertisement expenses toward enhancing the awareness and visibility of the brand – ₹108.40 Cr
General corporate purposes

Wakefit Innovations IPO - Anchor Investors

Wakefit Innovations mobilises Rs 580 crore via anchor book.

Out of the total allocation to the anchor investors, 1.61 crore equity shares worth Rs 315 crore were allocated to 9 domestic mutual funds including HDFC Mutual Fund, Axis MF, Nippon Life India, Mirae Asset, Tata MF, HSBC MF, Edelweiss, and Mahindra Manulife, Wakefit Innovations said in its filing.
Other global and domestic investors like Prudential Hong Kong, Amundi Funds, Steadview Capital, Ashoka WhiteOak, HDFC Life Insurance, 360 ONE, and Bajaj Life Insurance also participated in the anchor book.

Wakefit Innovations IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Wakefit N/A N/A (6.7)% 1273
Sheela Foam N/A 77.2 2.9% 3439

Wakefit Innovations IPO - Strengths and Risks

Wakefit Innovations IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

India's Largest and Fastest-Growing D2C Home Solutions Brand: Wakefit is India's largest D2C home and furnishings company based on revenue for the year FY24, with strong growth momentum. With over nine years of operations, it is also the fastest homegrown brand to cross ₹10,000 million in total income, recording a 24.87% CAGR in revenue—considerably above the industry average. Source: Redseer Report
Comprehensive Product Portfolio with Strong Innovation Focus: The company is a 'one-stop' home and furnishings destination, offering mattresses, furniture, and furnishings-all three contributing over ₹1,000 million each in FY24. It is placed among the top three organised mattress players, and it is the largest online mattress seller among its peers, backed by continuous product innovations and strong cross-selling capabilities.
Robust Omnichannel Sales Network: Wakefit operates a fully integrated omnichannel model, combining its website, company-owned stores, marketplaces, and multi-brand outlets. With strong marketing and a strategic store network, the company has been able to ensure seamless customer experience across touchpoints, thereby having an edge over traditional home & furnishing players.

Risks

High Dependence on the Wakefit Brand: The business of Wakefit is highly dependent on the strength and recognition of its brand. Therefore, any dilution, damage, or negative impact on the Wakefit brand—through poor customer experience, negative publicity, or ineffective marketing—may adversely affect customer trust, sales, and overall financial performance.
Own Channels Revenue Concentration: A significant proportion of revenues are coming from company-owned channels, whether through its website or COCO stores. Any disruption to these, including website downtime, cyber-attacks, operational store issues, and slower expansion of COCO outlets, may have a direct impact on sales, customer experience, and financial results.
Legal and Regulatory Proceedings: The company, together with its Directors, Promoters, and Senior Management, is a party to some legal and regulatory proceedings. Adverse judgments in any such cases may adversely affect Wakefit’s reputation, business continuity, financial condition, and cash flows.

Contact Information

Contact Details

Wakefit Innovations

080 67335544

investorscompliance@wakefit.co

http://www.wakefit.co/

Umiya Emporium, 97-99, 2nd and 4th Floor, Adugodi, Tavarekere, Opp. Forum Mall, Hosur Road, Bengaluru, Karnataka, 560029

Registrar Contact Details

MUFG Intime India Private Limited (Link Intime)

+91-22-4918 6270

wakefitinnovations.ipo@in.mpms.mufg.com

https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Frequently Asked Questions

Click any question to reveal the answer

Wakefit Innovations IPO is a book-built IPO worth ₹1288.89 crore. The price band is ₹185–₹195 per share. The IPO opens on Dec 8, 2025 and closes on Dec 10, 2025. It will be listed on BSE and NSE. MUFG Intime India Pvt Ltd is the registrar.

The price band of Wakefit Innovations IPO is ₹185 to ₹195 per share.

The lot size of Wakefit Innovations IPO is 76 shares.

The minimum investment for Wakefit Innovations IPO is approximately ₹14,820 based on the upper price band .

Wakefit Innovations IPO opens on Dec 8, 2025 and closes on Dec 10, 2025.

The allotment date of Wakefit Innovations IPO is Dec 11, 2025.

Wakefit Innovations IPO is expected to be listed on Dec 15, 2025, on BSE and NSE .

Wakefit Innovations IPO listed on Dec 15, 2025. It was issued at ₹195.0(NSE) and is currently around ₹138.06 as on 30-Apr-2026 3:30 PM, which is approximately -29.2% versus issue price. The 52-week high is ₹224.00.

Based on listing and post-listing performance, Wakefit Innovations IPO delivered around -29.2% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Wakefit Innovations IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Wakefit Innovations IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B N/A, RoNW -6.72%, and market cap 6373.16 Cr.

To apply for Wakefit Innovations IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Wakefit Innovations IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Wakefit Innovations IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Wakefit Innovations IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Wakefit Innovations IPO allotment status on IPO Ji for quick and easy access.