Wakefit IPO
Wakefit Innovations Ltd
Wakefit IPO IPO, a Mainboard IPO was listed on the exchange on December 15, 2025. The price band is set between ₹185 –195 , with a face value of ₹1 . Retail investors can apply with a minimum of 1 lot, each comprising 76 shares — amounting to ₹14,820 at the upper price.
Wakefit IPO IPO has been successfully listed on the exchange. Track the listing performance, current stock price, and post-listing trends. This information is for education only—not investment advice.
Wakefit IPO MAINBOARD IPO Important Dates
Get important updates regarding Wakefit IPO MAINBOARD IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates. Dates are updated as soon as they are announced.
IPO Timeline & Key Dates
* Tentative; subject to confirmation.
Price Band & Investment Details
| Issue Size |
66,096,866 shares (aggregating up to ₹1,288.89 Cr) |
| Issue Price | ₹185 – ₹195 |
| Face Value | ₹1/share |
| Market Lot | 76 shares |
| Retail Min Investment | ₹14,820 |
| Listing At | NSE,BSE |
| Sale Type | offer for sale |
| Fresh Issue | ₹377.18 Cr |
| Offer for Sale |
46,754,405 shares (aggregating up to ₹911.71 Cr) |
| Issue Type | book building |
Wakefit IPO Grey Market Premium (GMP) - Current & Historical Rates
Last updated: 2 days ago
Wakefit IPO Grey Market Premium (GMP) History - Track Record & Historical Data
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 15 Dec 2025 Latest | ₹195 | ₹4 | ₹199 | ₹4 |
2.05%
|
12:00 PM |
| 14 Dec 2025 | ₹195 | ₹4 | ₹199 | ₹4 |
2.05%
|
12:00 PM |
| 13 Dec 2025 | ₹195 | ₹7 | ₹202 | ₹7 |
3.59%
|
12:00 PM |
| 12 Dec 2025 | ₹195 | ₹4 | ₹199 | ₹4 |
2.05%
|
12:00 PM |
| 11 Dec 2025 | ₹195 | ₹0 | ₹195 | ₹0 |
0%
|
12:00 PM |
| 10 Dec 2025 | ₹195 | ₹3 | ₹198 | ₹3 |
1.54%
|
12:00 PM |
| 09 Dec 2025 | ₹195 | ₹3 | ₹198 | ₹3 |
1.54%
|
12:00 PM |
| 08 Dec 2025 | ₹195 | ₹5 | ₹200 | ₹5 |
2.56%
|
12:00 PM |
| 07 Dec 2025 | ₹195 | ₹36 | ₹231 | ₹36 |
18.46%
|
12:00 PM |
| 06 Dec 2025 | ₹195 | ₹36 | ₹231 | ₹36 |
18.46%
|
12:00 PM |
| 05 Dec 2025 | ₹195 | ₹36 | ₹231 | ₹36 |
18.46%
|
12:00 PM |
| 04 Dec 2025 | ₹195 | ₹36 | ₹231 | ₹36 |
18.46%
|
12:00 PM |
| 03 Dec 2025 | ₹195 | ₹36 | ₹231 | ₹36 |
18.46%
|
12:00 PM |
| 02 Dec 2025 | ₹195 | ₹36 | ₹231 | ₹36 |
18.46%
|
12:00 PM |
Subscription (Latest Snapshot)
View Detailed SubscriptionLatest snapshot: Dec 17, 2025
| Category | Subscribed (x) |
|---|---|
| QIB | 1.72x |
| NII | 0.73x |
| bNII (bids above ₹10L) | 0.6x |
| sNII (bids below ₹10L) | 1x |
| Retail Investors | 2.45x |
| Total | 1.58x |
Registrar
- Registrar
- MUFG Intime India Pvt.Ltd
- Registrar Phone
- +91-22-4918 6270
- Registrar Email
- ipo.helpdesk@in.mpms.mufg.com
- Registrar Address
- C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai - 400 083, India
Wakefit IPO Investment Limits
IPO investment limits, also referred to as application limits or bidding limits, define the minimum and maximum number of shares, lots, and investment amount that investors can apply for in an IPO based on their category (Retail, HNI, or Institutional). These limits are calculated as per SEBI guidelines and help ensure fair distribution of shares. Retail investors typically have lower minimum and maximum limits compared to High Net Worth Individuals (HNI) and Non-Institutional Investors (NII). Understanding IPO application limits is essential for investors to determine how much they can invest, calculate the number of lots they can apply for, and plan their investment strategy accordingly. The investment limits table shows the lot size, number of shares, and total amount in rupees for each investor category.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 76 | ₹14,820 |
| Retail (Max) | 13 | 988 | ₹192,660 |
| S-HNI (Min) | 14 | 1,064 | ₹207,480 |
| S-HNI (Max) | 67 | 5,092 | ₹992,940 |
| B-HNI (Min) | 68 | 5,168 | ₹1,007,760 |
Promoter Holding
Ankit Garg and Chaitanya Ramalingegowda are the promoters of the company.
IPO Reservation
The IPO reservation structure, also known as share allocation breakdown, details how the total issue size is distributed among different investor categories as mandated by SEBI (Securities and Exchange Board of India) regulations. This reservation table shows the exact percentage and number of shares allocated to Qualified Institutional Buyers (QIB), Retail Individual Investors (RII), High Net Worth Individuals (HNI), Non-Institutional Investors (NII), and other reserved categories like employees and shareholders. Understanding IPO reservation percentages is crucial for investors to evaluate their probability of share allotment, as each category has different subscription levels and competition. The maximum allottees column indicates the cap on the number of investors who can receive shares in each category, helping you assess the likelihood of getting an allotment based on your investor category.
| Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 49,572,650 (75.00%) | NA |
|
•
Anchor Investor Shares Offered
|
29,743,590 (45.00%) | NA |
|
•
QIB (Ex. Anchor) Shares Offered
|
19,829,060 (30.00%) | NA |
| NII (HNI) Shares Offered | 9,914,530 (15.00%) | NA |
|
•
bNII > ₹10L
|
6,609,687 (10.00%) | NA |
|
•
sNII < ₹10L
|
3,304,843 (5.00%) | NA |
| Retail Shares Offered | 6,609,687 (10.00%) | NA |
| Total Shares Offered | 66,096,867 (100.00%) | — |
Company Overview
Wakefit Innovations Ltd stands as India's leading direct-to-consumer (D2C) brand in sleep solutions and home furnishings, delivering affordable mattresses, beds, sofas, wardrobes, and decor since 2016
Company Growth
Founded by Chaitanya Ramalingegowda and Ankit Garg in Bengaluru, Wakefit evolved from a mattress specialist into a full-stack provider with vertical integration across design, manufacturing, and delivery. It operates five advanced facilities in Karnataka, Tamil Nadu, and Haryana, serving over 700 districts via 125 company-owned stores and 1,504 multi-brand outlets.
Key Strengths
- Strong omnichannel model blending online sales and COCO stores for nationwide reach in 28 states.
- Innovative memory foam products and cost efficiencies from direct sales, driving 25% revenue CAGR to over ₹1,000 crore in FY24.
- EBITDA-positive since FY24 with 7.9% margins in 9M FY25, targeting "IKEA of India" status through expansion
- Founded In
- 2016
- Managing Director
- —
- Headquarters
- Umiya Emporium, 97-99 2nd and 4th Floor, Adugodi, Hosur Road, Bengaluru, Karnataka
- Website
- wakefit.co
- Industry
- Home & Office Products
Financials
| Year | Revenue (₹ Cr) | Profit (₹ Cr) | Net Worth (₹ Cr) | Assets (₹ Cr) |
|---|---|---|---|---|
| 2024 | 986.4 | 15 | — | — |
| 2023 | 812.6 | 145.7 | — | — |
| 2022 | 636.2 | 106.5 | — | — |
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