Bookbuilding IPO | ₹1,289 Cr | Listed at BSE, NSE
Wakefit Innovations IPO is a book build issue of ₹1,288.89 crores. The issue is a combination of fresh issue of 1.93 crore shares aggregating to ₹377.18 crores and offer for sale of 4.68 crore shares aggregating to ₹911.71 crores.
Wakefit Innovations IPO bidding started from Dec 8, 2025 and ended on Dec 10, 2025. The allotment for Wakefit Innovations IPO was finalized on Dec 11, 2025. The shares got listed on BSE, NSE on Dec 15, 2025.
Wakefit Innovations IPO price band is set at ₹195 per share. The lot size for an application is 76. The minimum amount of investment required by an retail is ₹14,820 (76 shares) (based on upper price). The lot size investment for sNII is 14 lots (1,064 shares), amounting to ₹2,07,480, and for bNII, it is 68 lots (5,168 shares), amounting to ₹10,07,760.
Axis Capital Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Wakefit Innovations IPO RHP for detailed Information.
IPO Open
Mon, Dec 8, 2025
IPO Close
Wed, Dec 10, 2025
Issue Price
₹195 per share
Market Cap (Pre-IPO)
₹6,373.16 Cr
| IPO Date | 8 to 10 Dec, 2025 |
| Listed on | Mon, Dec 15, 2025 |
| Face Value | ₹1 per share |
| Price Band | ₹185 to ₹195 |
| Issue Price | ₹195 per share |
| Lot Size | 76 Shares |
| Sale Type | Fresh Capital & OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 6,60,96,866 shares (agg. up to ₹1,289 Cr) |
| Fresh Issue | 1,93,42,461 shares (agg. up to ₹377 Cr) |
| Offer for Sale | 4,67,54,405 shares of ₹1 (agg. up to ₹912 Cr) |
| Share Holding Pre Issue | 30,74,86,214 shares |
| Share Holding Post Issue | 32,68,28,675 shares |
| BSE Script Code / NSE Symbol | 544642 / WAKEFIT |
| ISIN | INE0E7301029 |
Wakefit Innovations IPO offers total 6,60,96,866 shares. Out of which 4,95,72,651 (75.00%) allocated to QIB, 1,98,29,061 (30.00%) allocated to QIB (Ex- Anchor), 99,14,529 (15.00%) allocated to NII 66,09,686 (10.00%) allocated to RII and 2,97,43,590 (45.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 4,95,72,651 (75.00%) | NA |
| − Anchor Investor Shares Offered | 2,97,43,590 (45.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 1,98,29,061 (30.00%) | NA |
| NII (HNI) Shares Offered | 99,14,529 (15.00%) | NA |
| − bNII > ₹10L | 66,09,686 (10.00%) | 6,212 |
| − sNII < ₹10L | 33,04,843 (5.00%) | 3,106 |
| Retail Shares Offered | 66,09,686 (10.00%) | 86,969 |
| Total Shares Offered | 6,60,96,866 (100.00%) |
Investors can bid for a minimum of 76 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 76 | ₹14,820 |
| Retail (Max) | 13 | 988 | ₹1,92,660 |
| S-HNI (Min) | 14 | 1,064 | ₹2,07,480 |
| S-HNI (Max) | 67 | 5,092 | ₹9,92,940 |
| B-HNI (Min) | 68 | 5,168 | ₹10,07,760 |
Wakefit Innovations IPO raises ₹580.00 crore from anchor investors. Wakefit Innovations IPO Anchor bid date is December 5, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Fri, Dec 5, 2025 |
| Shares Offered | 2,97,43,590 |
| Anchor Portion (₹ Cr.) | 580.00 |
| Anchor lock-in period end date for 50% shares (30 Days) | Fri, Jan 9, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Tue, Mar 10, 2026 |
Incorporated in 2016, Wakefit Innovations Limited is a Indian D2C (Direct-to-Consumer) home and sleep solutions company, best known for its high-quality and affordable range of mattresses, furniture, and home décor products.
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:
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:
Wakefit Innovations Ltd.'s revenue increased by 28% and profit after tax (PAT) dropped by 133% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 1,220.34 | 1,050.75 | 928.30 | 791.80 |
| Total Income | 741.30 | 1,305.43 | 1,017.33 | 820.01 |
| Profit After Tax | 35.57 | -35.00 | -15.05 | -145.68 |
| EBITDA | 103.19 | 90.83 | 65.85 | -85.75 |
| NET Worth | 557.34 | 520.57 | 543.61 | 505.08 |
| Reserves and Surplus | 522.34 | 500.27 | 523.33 | 486.99 |
| Total Borrowing | 7.36 | |||
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | . Capital expenditure to be incurred by the Company for setting up of 117 new COCO – Regular Stores | 30.84 |
| 2 | Expenditure for lease, sub-lease rent and license fee payments for our existing COCO – Regular Stores | 161.47 |
| 3 | Capital expenditure to be incurred by our Company for purchase of new equipment and machinery | 15.41 |
| 4 | Marketing and advertisement expenses toward enhancing the awareness and visibility of our brand | 108.40 |
| 5 | General corporate purposes | 33.07 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | -6.58% |
| ROCE | -0.68% |
| Debt/Equity | 0.53 |
| RoNW | -6.72% |
| PAT Margin | -2.75% |
| EBITDA Margin | 7.13% |
| Price to Book Value | 11.50 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | -1.14 | 2.18 |
| P/E (x) | -171.29 | 89.58 |
| Promoter Holding | 43.01% | 36.83% |
| Market Cap | ₹6,373.16 Cr. |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Managers’ fees | 46.40 |
| 2 | Commission/processing fee for SCSBs and Bankers to the Offer. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 1.19 |
| 3 | Fees payable to the Registrar to the Offer | 0.04 |
| 4 | Fees payable to the other parties to the Offer including, Statutory Auditors, industry service provider, independent chartered accountant, practising company secretary, independent architect, independent chartered engineer, monitoring agency and fees payable to legal counsel | 17.98 |
| 5 | Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | 8.04 |
| 6 | Printing and distribution of Offer stationery | 0.51 |
| 7 | Advertising and marketing expenses | 2.84 |
| 8 | Miscellaneous | 3.26 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹195.00 | ₹195.00 |
| Open | ₹194.10 | ₹195.00 |
| Low | ₹177.25 | ₹177.00 |
| High | ₹203.70 | ₹203.50 |
| Last Trade | ₹192.30 | ₹192.29 |
Wakefit Innovations IPO is a main-board IPO of 6,60,96,866 equity shares of the face value of ₹1 aggregating up to ₹1,289 Crores. The issue is priced at ₹195 per share. The minimum order quantity is 76.
The IPO opens on Mon, Dec 8, 2025, and closes on Wed, Dec 10, 2025.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Wakefit Innovations IPO using UPI as a payment gateway. Zerodha customers can apply in Wakefit Innovations IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Wakefit Innovations IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Wakefit Innovations IPO opens on Mon, Dec 8, 2025 and closes on Wed, Dec 10, 2025.
Wakefit Innovations IPO lot size is 76, and the minimum amount required for application is ₹14,820.
You can apply in Wakefit Innovations IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Wakefit Innovations IPO will be done on Thursday, December 11, 2025, and the allotted shares will be credited to your demat account by Fri, Dec 12, 2025. Check the Wakefit Innovations IPO allotment status.
The Wakefit Innovations IPO listing date is on Mon, Dec 15, 2025.
