Wakefit Innovations Limited - IPO
MAINBOARDWakefit Innovations IPO Details
Wakefit Innovations IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Wakefit Innovations IPO Reservation
Promoter Holding
Documents
Wakefit Innovations IPO Valuations
Wakefit Innovations Limited Financial Information
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 1,043.93 | 928.30 | 791.80 | 573.72 |
| Revenue | 994.37 | 1,017.33 | 820.01 | 637.03 |
| Profit After Tax | -8.81 | -15.05 | -145.68 | -106.52 |
| EBITDA | 76.40 | 65.85 | -85.75 | -74.92 |
| Net Worth | 546.52 | 543.61 | 505.08 | 341.34 |
| Reserves and Surplus | 526.23 | 523.33 | 486.99 | 339.53 |
| Total Borrowing | 4.02 | 7.36 | ||
| Amount in ₹ Crore | ||||
About Wakefit Innovations IPO
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
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
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
Strength Of Wakefit Innovations IPO
Risk Of Wakefit Innovations IPO
Objectives Wakefit Innovations IPO
1. Capital expenditure to be incurred by the Company for setting up of 117 new COCO – Regular Stores and one COCO – Jumbo Store
2. Expenditure for lease, sublease rent and license fee payments for the existing COCO – Regular Stores
3. Capital expenditure to be incurred by the Company for purchase of new equipment and machinery
4. Marketing and advertisement expenses toward enhancing the awareness and visibility of the brand
5. General corporate purposes
Company Contact Details
Wakefit Innovations Ltd.
Umiya Emporium, 97-99,
2 nd and 4th Floor,
Adugodi, Tavarekere, Opp. Forum Mall, Hosur Road,
Bengaluru, Karnataka, 560029
Phone: 080 67335544
Email: investorscompliance@wakefit.co
Website: http://www.wakefit.co/