Wakefit Innovations Limited IPO

Mainboard

Furniture, Home Furnishing

Listed On: Dec 15, 2025 at ₹ 195.0(NSE)

₹ 14820 /76 Shares

Check Allotment

08 Dec, 2025

Open Date

10 Dec, 2025

Close Date

11 Dec, 2025

Allotment Date

15 Dec, 2025

Listing Date

Price Summary

Last Closing

183.00 (-6.15%)

52 Week High

203.50

52 Week Low

164.06

Last Update

23-Jan-2026 3:30 PM

Expected Premium

+ ₹3-4 (1.54%)

*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.

Wakefit Innovations IPO Live 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

Last updated: 10 Dec 2025, 05:57 PM

Wakefit Innovations IPO Issue Details

Issue Price ₹185-195 per equity share
Face Value ₹1 Per Equity Share
Total Issue Size 6,60,96,866 shares(aggregating up to ₹1288.89 crore)
Fresh Share 1,93,42,461 shares(aggregating up to ₹377.18 crore)
Offer For Sale 4,67,54,405 shares(aggregating up to ₹911.71 crore)
Listing at BSE, NSE
List Price 195.0(NSE)
Listing Date 2025-12-15
Lead Manager Axis Capital Ltd
IIFL Capital Services Ltd
Nomura Financial Advisory & Securities (India) Pvt Ltd
Registrar MUFG Intime 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
BHNI(min)	68	5,168	₹10,07,760

Wakefit Innovations IPO Reservation

Wakefit Innovations IPO offers total 66096867 shares. Out of which 19829060 (30%) allocated to QIB, 9914530 (15%) allocated to NII,6609687 (10%) allocated to RII, NA (NA%) allocated to employees and 29743590 (45%) allocated to 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%)
bNII > ₹10L	6609687 (10%)
sNII < ₹10L	3304843 (5%)
Retail Shares Offered	6609687 (10%)
Total Shares Offered	66096867 (100%)

Wakefit Innovations IPO Documents

DRHP

RHP

ANCHOR

Wakefit Innovations IPO Details

Wakefit Innovations IPO is a book-built issue of ₹1288.89 crores, The total issue size is ₹1288.89 crores. The IPO of Wakefit Innovations is priced at ₹185-195 per equity share, which has a face value of ₹1 Per Equity Share each, IPO bidding starts from Dec 8, 2025 and ends on Dec 10, 2025. The allotment for Wakefit Innovations IPO will be finalized on Dec 11, 2025. Wakefit Innovations IPO will be listed on BSE, NSE, with a tentative listing date fixed as Dec 15, 2025. The company shall list its equity shares on the BSE, NSE. MUFG Intime India Pvt Ltd is the registrar of the issue.

Retail investors can bid for a minimum of 76 shares, extendable to 14,820. S-HNIs will be able to bid for 1,064 shares at ₹2,07,480, while B-HNIs can also apply for a bid of 5,168 shares at ₹10,07,760. The book-running lead manager for the IPO is/are Axis Capital Ltd, IIFL Capital Services Ltd, Nomura Financial Advisory & Securities (India) Pvt Ltd.

The total issue ₹1288.89 crore, comprising a fresh issue of 1,93,42,461 shares ₹377.18 crore and having Offer for Sale (OFS) of 4,67,54,405 shares to mop up ₹911.71 crore.

The Wakefit Innovations IPO sets its price band at 185-195 for each share. A single application for Wakefit Innovations Limited IPO must contain at least 76 shares. Sentiment investors need to invest a minimum of 76 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,820 In order to participate in the sNII, investors must purchase at least 14 lots of 1,064 shares for ₹2,07,480, while the bNII requires 68 lots of 5,168 shares for an investment of ₹10,07,760.

As on	QIB	NII bNII sNII	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	0.07 x 0.03 x 0.15 x	0.75 x	0.15 x
Day 2 09-12-25 05:00 PM	0.00 x	0.25 x 0.13 x 0.48 x	1.80 x	0.40 x
Day 3 10-12-25 05:00 PM	3.04 x	1.05 x 0.88 x 1.41 x	3.17 x	2.52 x

Total No of Applications

2,35,108

Subscription on the basis of Applications

Retail:2.65x BHNI:0.1x SHNI:1.27x

Wakefit Innovations Valuations

EPS Pre IPO ₹/-

EPS Post IPO ₹/-

ROE -6.58%

ROCE -0.68%

RoNW -6.72%

PAT Margin -2.75%

Market Cap. 6373.16 Cr.

Wakefit Innovations Company Financials

In Crs.

In Cr.

	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

About Wakefit Innovations Company

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

Pre Issue Share Holding : 43.01%

Post Issue Share Holding : 36.83%

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

Strength

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.

Weakness

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 Details

Wakefit Innovations

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

080 67335544

investorscompliance@wakefit.co

http://www.wakefit.co/

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

Wakefit Innovations IPO - FAQs

Ans. Wakefit Innovations Limited IPO is a Mainboard IPO. The issue is priced at ₹185-195 per equity share. The minimum order quantity is 76 Shares. The IPO opens on Dec 8, 2025, and closes on Dec 10, 2025. MUFG Intime India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

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

Ans. You can track the real-time subscription numbers using the links below:

Ans. The size of Wakefit Innovations Limited IPO is 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).

Ans. The Wakefit Innovations Limited IPO price band is set between ₹185-195 per equity share.

Ans. To apply for Wakefit Innovations Limited IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Wakefit Innovations Limited IPO in the List of IPOs
- Press Apply Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

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

Ans. The Wakefit Innovations Limited IPO will be listed on Dec 15, 2025.

Ans. Follow the steps to check the Wakefit Innovations Limited IPO allotment status online.