- Issue price
- ₹195per share
- Issue size
- ₹1,288.89 Cr6,60,96,866 shares
- Face value
- ₹1per equity share
- Lot size
- 76 sharesMin. ₹14,820 at the upper price
- Anchor biddingFri, 2025
- OpensMon, 2025
- ClosesWed, 2025
- AllotmentThu, 2025
- ListingMon, 2025
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue and offer for sale
- Fresh issue
- 1,93,42,461 shares (₹377.18 Cr)
- Offer for sale
- 4,67,54,405 shares (₹911.71 Cr)
- Total issue
- 6,60,96,866 shares (₹1,288.89 Cr)
- Face value
- ₹1
- Listing at
- NSE, BSE
- Promoter holding
- 43.01% → 36.83%
Source: ProspectusUpdated
Reservation
Share of the total issue- Anchor45.0%
- QIB ex-anchor30.0%
- Retail10.0%
- Big NII10.0%
- Small NII5.0%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | 66,09,686 | 10.00% | — |
| Non-institutional investors (NII) | 99,14,529 | 15.00% | — |
| Small NII (₹2–10 lakh) | 33,04,843 | 5.00% | — |
| Big NII (above ₹10 lakh) | 66,09,686 | 10.00% | — |
| Qualified institutional buyers (QIB) | 4,95,72,651 | 75.00% | — |
| QIB, excluding anchor | 1,98,29,061 | 30.00% | — |
| Anchor investors | 2,97,43,590 | 45.00% | — |
Source: ProspectusUpdated
Lot size
Amounts at ₹195 per share| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail individual investors | 1 | 76 | ₹14,820 |
Source: ProspectusUpdated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
Financial Year ended March 31, 2025, pre-issue- EPS (basic)
- -₹1.15
- EPS (diluted)
- -₹1.15
- EPS (basic) (Six months ended September 30, 2025 (not annualised))
- ₹1.15
- RoNW
- -6.72%
- NAV per share (As on September 30, 2025)
- ₹17.9
- EBITDA margin
- 7.13%
- PAT margin
- -2.75%
Source: ProspectusUpdated
Financials
Standalone, restated · ₹ crore| Period ended | 30 Sep 20256 months | 31 Mar 202512 months | 31 Mar 202412 months | 31 Mar 202312 months |
|---|---|---|---|---|
| Revenue from operations | 724.00 | 1,273.69 | 986.35 | 812.62 |
| Total income | 741.30 | 1,305.43 | 1,017.33 | 820.01 |
| EBITDA | 103.19 | 90.83 | 65.85 | -85.75 |
| Profit after tax | 35.57 | -35.00 | -15.05 | -145.68 |
| Net worth | 557.34 | 520.57 | 543.61 | 505.08 |
| Total assets | 1,220.34 | 1,050.75 | 928.30 | 791.80 |
| Total borrowing | 0.00 | 0.00 | 7.36 | 0.00 |
12 months vs 12 months: revenue +29.1%, profit after tax −132.5%. Periods shorter than 12 months are shown as reported and are not annualised.
Source: ProspectusUpdated
About the company
The company sells mattresses, furniture and furnishings under its Wakefit brand across India. It sells through its own website, company-operated stores, third-party marketplaces and multi-brand outlets. It controls design, manufacturing, distribution and customer engagement in-house.
- Incorporated
- 2016
- Industry
- Home and Furnishings
- Sector
- Consumer Goods
- CIN
- U52590KA2016PLC086582
- Website
- wakefit.co
Source: ProspectusUpdated
Promoters and shareholders
| Name | Type | Before issue | After issue | Shares offered |
|---|---|---|---|---|
| Ankit Garg | Promoter | 33.03% | 28.77% | 77,29,488 |
| Chaitanya Ramalingegowda | Promoter | 9.98% | 8.06% | 44,52,185 |
| Peak XV Partners Investments VI | Selling shareholder | 21.08% | 13.71% | 2,03,74,774 |
| Verlinvest S.A. | Selling shareholder | 8.12% | 4.58% | 1,01,93,506 |
| SAI Global India Fund I, LLP | Selling shareholder | 5.29% | 4.86% | 4,13,150 |
| Paramark KB Fund I | Selling shareholder | 1.63% | 0.77% | 25,54,050 |
| Nitika Goel | Selling shareholder | 1.15% | 0.81% | 8,99,205 |
| Redwood Trust | Selling shareholder | 0.14% | 0.09% | 1,38,047 |
Source: ProspectusUpdated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Capital expenditure for setting up 117 new company-operated stores | 30.84 |
| Lease, sub-lease and licence payments for existing company-operated stores | 161.47 |
| Purchase of new equipment and machinery for the Hosur manufacturing unit | 15.41 |
| Marketing and advertisement to build brand awareness | 108.40 |
| General corporate purposes | 33.07 |
Source: ProspectusUpdated
Peer comparison
As listed in the offer document| Company | EPS | P/E | RoNW | NAV per share |
|---|---|---|---|---|
| Wakefit Innovations LimitedIssuer | -₹1.15 | — | -6.72% | ₹16.96 |
| Sheela Foam Limited | ₹8.84 | 77.26× | 2.98% | ₹278.35 |
Source: ProspectusUpdated
Strengths and risks
Our summary of what the offer document statesStrengths
- Describes itself as a large direct-to-consumer home and furnishings company in India by FY2024 revenue, based on cited industry data.
- Offers mattresses, furniture and furnishings under a single brand.
- Runs an integrated model covering design, manufacturing, distribution and customer engagement.
- Sells through its own website and stores as well as marketplaces and multi-brand outlets.
Risks
- Business depends heavily on the Wakefit brand and its reputation.
- A large share of revenue comes from mattresses.
- The company has reported losses in past years and negative operating cash flow in FY2023.
- The company and its directors and promoters face outstanding legal and regulatory proceedings.
- No long-term supply agreements for raw materials, and reliance on third-party logistics providers.
Source: ProspectusUpdated
Documents
Contacts
Source: ProspectusUpdated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: ProspectusUpdated
After listing
Listing price, day-one high and low, and the change from the issue price (₹195) appear here after the shares list on NSE and BSE.
Work out the gain or loss on allotted shares after charges and tax →
Frequently asked questions
When does the Wakefit Innovations IPO open and close?
According to the Prospectus, the issue opens on Monday, 8 December 2025 and closes on Wednesday, 10 December 2025.
What is the Wakefit Innovations IPO price band?
The final issue price is ₹195 per share.
What is the lot size of the Wakefit Innovations IPO?
One lot is 76 shares, which is ₹14,820 at ₹195 per share.
Where will Wakefit Innovations shares list?
On NSE and BSE. The tentative listing date is Monday, 15 December 2025.
Who is the registrar of the issue?
MUFG Intime India Private Limited (SEBI registration INR000004058). Allotment status is checked on the registrar's website.
How do I check the Wakefit Innovations IPO allotment status?
The basis of allotment is expected to be finalised on Thursday, 11 December 2025. After that, search by PAN, application number or DP/client ID on the registrar's website (MUFG Intime India Private Limited), the NSE website or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹30.84 Cr for capital expenditure for setting up 117 new company-operated stores, ₹161.47 Cr for lease, sub-lease and licence payments for existing company-operated stores, ₹15.41 Cr for purchase of new equipment and machinery for the Hosur manufacturing unit, ₹108.4 Cr for marketing and advertisement to build brand awareness, ₹33.07 Cr for general corporate purposes.
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Spotted something wrong?
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