About
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 Stock Quote & Charts
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 Details
| 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 |
IPO Timetable
- IPO OpenMon, Dec 8, 2025
- IPO CloseWed, Dec 10, 2025
- AllotmentThu, Dec 11, 2025
- RefundFri, Dec 12, 2025
- Credit of SharesFri, Dec 12, 2025
- ListingMon, Dec 15, 2025
IPO Reservation
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%) |
IPO Lot Size
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 |
IPO Anchor Investors
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 |
About Wakefit Innovations Ltd.
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:
- 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
Company Financials (Restated)
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 | ||||
IPO Objects of the Issue
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 |
Key Performance Indicator (KPI)
| 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. |
- The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2025 available in RHP.
IPO Review
Wakefit Innovations IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 6 | 1 | 2 | 1 |
| Members | 0 | 0 | 0 | 0 |
Wakefit Innovations IPO Subscription Status (Bidding Detail)
The Wakefit Innovations IPO is subscribed 2.52 times on December 10, 2025 6:19:34 PM (Day 3). The public issue subscribed 3.17 times in the retail category, 3.04 times in the QIB category, and 1.05 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category |
Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB (Ex Anchor) | 3.04 | 1,98,29,060 | 6,02,46,188 |
| NII | 1.05 | 99,14,530 | 1,04,51,748 |
| bNII (bids above ₹10L) | 0.88 | 66,09,687 | 57,88,084 |
| sNII (bids below ₹10L) | 1.41 | 33,04,843 | 46,63,664 |
| Retail | 3.17 | 66,09,687 | 2,09,74,708 |
| Total | 2.52 | 3,63,53,277 | 9,16,72,644 |
Total Application : 2,33,012
IPO Expenses
| # | 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 |
Listing Day Trading Information
| 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 |
Check IPO Performance…
IPO Registrar
MUFG Intime India Pvt.Ltd.
- +91-22-4918 6270
- wakefitinnovations.ipo@in.mpms.mufg.com
- Visit Website
IPO Lead Manager(s)
- Axis Capital Ltd. (Past IPO Performance)
- IIFL Capital Services Ltd. (Past IPO Performance)
- Nomura Financial Advisory & Securities (India) Pvt.Ltd. (Past IPO Performance)
Lead Manager Reports
- Lead Manager Performance Summary
- Lead Manager Performance Tracker
Contact Details
- 080 67335544
- investorscompliance@wakefit.co
- Visit Website
IPO FAQs
What is the Wakefit Innovations IPO?
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.
How to apply in Wakefit Innovations IPO through Zerodha?
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 the Zerodha website and login to Console.
- Go to Portfolio and click the IPOs link.
- Go to the ‘Wakefit Innovations IPO‘ row and click the ‘Bid’ button.
- Enter your UPI ID, Quantity, and Price.
- Submit IPO application form.
- Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Zerodha IPO Application Process Review for more detail.
When Wakefit Innovations IPO will open?
The Wakefit Innovations IPO opens on Mon, Dec 8, 2025 and closes on Wed, Dec 10, 2025.
What is the lot size of Wakefit Innovations IPO?
Wakefit Innovations IPO lot size is 76, and the minimum amount required for application is ₹14,820.
How to apply for Wakefit Innovations IPO?
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.
When is Wakefit Innovations IPO allotment?
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.
When is Wakefit Innovations IPO listing date ?
The Wakefit Innovations IPO listing date is on Mon, Dec 15, 2025.
About The Author
