Wakefit Innovations
Mainboard₹14,820 / 76 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 10 Dec 2025, 05:57 PM |
| QIBs | 3.04 times |
| NII | 1.05 times |
| Retail | 3.17 times |
| Total | 2.52 times |
Wakefit Innovations IPO Details
The Wakefit Innovations IPO price band is set between ₹185-195 per equity share, with a face value of ₹1 per share. The issue is managed by MUFG Intime India Pvt Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 8 Dec, 2025 and closes on 10 Dec, 2025. Investors can check the allotment status on 11 Dec, 2025, while the listing date is tentatively scheduled for 15 Dec, 2025.
The total issue size is 6,60,96,866 shares, aggregating up to ₹1288.89 crore. Stay tuned for the latest Wakefit Innovations IPO review and GMP updates.
Wakefit Innovations IPO Review, Rating & Analysis
Wakefit Innovations IPO Review
NO REVIEWWakefit Innovations IPO Rating
Wakefit Innovations IPO Highlights
IPO Date
Dec 8, 2025 - Dec 10, 2025
Listing Date
15 Dec, 2025
Face Value
₹1 Per Equity Share
Price Band
₹185-195 per equity share
Lot Size
76 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Wakefit Innovations IPO Lot Size
The minimum market lot for Wakefit Innovations IPO is 76 shares with an application amount of ₹14,820. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 76 | ₹14,820 |
| Retail (Max) | 13 | 988 | ₹1,92,660 |
| S-HNI (Min) | 14 | 1064 | ₹2,07,480 |
| S-HNI (Max) | 67 | 5092 | ₹9,92,940 |
| B-HNI (Min) | 68 | 5168 | ₹10,07,760 |
Wakefit Innovations IPO Timeline
Issue Price
₹185-195 per equity shareFace Value
₹1 Per Equity ShareListing at Group
BSE, NSERegistrar
MUFG Intime India Pvt LtdLead Manager
Axis Capital LtdIIFL Capital Services LtdNomura Financial Advisory & Securities (India) Pvt LtdIssue Size
6,60,96,866 shares(aggregating up to ₹1288.89 crore)Wakefit Innovations IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30-Sep-25 | 1220.34 | 741.30 | 35.57 | 557.34 | 522.34 | - |
| 31-Mar-25 | 1050.75 | 1305.43 | -35.00 | 520.57 | 500.27 | - |
| 31-Mar-24 | 928.30 | 1017.33 | -15.05 | 543.61 | 523.33 | - |
| 31-Mar-23 | 791.80 | 820.01 | -145.68 | 505.08 | 486.99 | - |
In Cr.
Wakefit Innovations IPO Reservation Details
| Investor Category | Shares Offered | % Shares |
|---|---|---|
| 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
Wakefit Innovations IPO Valuations
EPS Pre IPO
₹/-EPS Post IPO
₹/-PE Pre IPO
-PE Post IPO
-ROE
-6.58%ROCE
-0.68%Debt Equity
-RoNW
-6.72%PAT Margin
-2.75%Price to Book Value
-Wakefit Innovations Peer Comparison
| Company Name | Revenue | RoNW | PE Ratio | PB Ratio |
|---|---|---|---|---|
| Wakefit | 1273 | (6.7)% | N/A | N/A |
| Sheela Foam | 3439 | 2.9% | 77.2 | N/A |
Promoters & Share Holding
Promoter(s) Name
- Ankit Garg
- Chaitanya Ramalingegowda
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 43.01% | 36.83% |
About 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 IPO Subscription Details
| 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 108-12-25 05:00 PM | 0.00 x | 0.07
0.03 x
0.15 x
| 0.75 x | 0.15 x |
Day 209-12-25 05:00 PM | 0.00 x | 0.25
0.13 x
0.48 x
| 1.80 x | 0.40 x |
Day 310-12-25 05:00 PM | 3.04 x | 1.05
0.88 x
1.41 x
| 3.17 x | 2.52 x |
Retail:2.65x
BHNI:0.1x
SHNI:1.27x
Wakefit Innovations IPO - Issue Objectives & Utilisation of proceeds
| Objectives | Amount |
|---|---|
| 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 | - |
Company Contact Details
Wakefit Innovations
Umiya Emporium, 97-99, 2nd and 4th Floor, Adugodi, Tavarekere, Opp. Forum Mall, Hosur Road, Bengaluru, Karnataka, 560029Registrar Contact Details
MUFG Intime India Private Limited (Link Intime)
Phone: +91-22-4918 6270
Email: wakefitinnovations.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Frequently Asked Questions about Wakefit Innovations IPO
When will Wakefit Innovations IPO open for subscription?
The Wakefit Innovations IPO opens on 8 Dec, 2025 and closes on 10 Dec, 2025.
What is the investors portion for Wakefit Innovations IPO?
The investors' portion for QIB is 3.04 x, NII is 0.88 x, and Retail is 3.17 x.
How to apply for Wakefit Innovations IPO?
You can apply for Wakefit Innovations IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Wakefit Innovations IPO?
The issue size of Wakefit Innovations IPO is approx ₹6,60,96,866 shares(aggregating up to ₹1288.89 crore) crores.
What is the price band of Wakefit Innovations IPO?
The price band for Wakefit Innovations IPO is ₹185 to ₹195 per equity share.
What is the lot size of Wakefit Innovations IPO?
The minimum bid (lot size) for Wakefit Innovations IPO is 76 shares with an investment of approx ₹14,820 .
What is the allotment date of Wakefit Innovations IPO?
The allotment date for Wakefit Innovations IPO is 11 Dec, 2025.
What is the listing date of Wakefit Innovations IPO?
The listing date for Wakefit Innovations IPO is expected to be 15 Dec, 2025.
What is the GMP of Wakefit Innovations IPO?
The latest Grey Market Premium (GMP) for Wakefit Innovations IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.