Wakefit Innovations IPO Details
MAINBOARD
Wakefit Innovations IPO opens for subscription on 08 Dec 2025 and closes on 10 Dec 2025. The IPO will be listed on NSE, BSE with the tentative listing date set for 15 Dec 2025.
Wakefit Innovations IPO price band has been fixed at ₹185 – ₹195 per share.The face value is ₹1 per share with a lot size of 76.
Wakefit Innovations IPO total issue size comprises 6,60,96,867 shares (aggregating up to ₹1288.89 Cr.). This includes a fresh issue of 1,93,42,462 shares (aggregating up to ₹377.18 Cr.). Offer for Sale consists of 4,67,54,405 shares (aggregating up to ₹911.71 Cr.). Pre-issue shareholding stands at 30,74,86,214, which will increase to 32,68,28,675 post-issue.
Wakefit Innovations IPO carries a ₹4 (2.05%) GMP, reflecting investor sentiment.
Wakefit Innovations IPO Lot Size : Retail Minimum is 1 lot (76 shares) amounting to ₹14,820. Retail Maximum is 13 lots (988 shares) amounting to ₹192,660. SHNI Minimum is 14 lots (1,064 shares) amounting to ₹207,480. SHNI Maximum is 67 lots (5,092 shares) amounting to ₹992,940. BHNI Minimum is 68 lots (5,168 shares) amounting to ₹1,007,760.
The Lead Managers for Wakefit Innovations IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is IIFL Capital Services Ltd, Axis Capital Ltd, Nomura Financial Advisory & Securities (India) Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Wakefit Innovations Limited RHP.
Wakefit Innovations IPO Details
Wakefit Innovations IPO Subscription
Wakefit Innovations IPO Application Wise Breakup (Approx)
Wakefit Innovations IPO Dates
- 08 Dec 2025Opening dateOpen
- 10 Dec 2025Closing dateClose
- 11 Dec 2025Allotment Date Allotment
- 12 Dec 2025Initiation of RefundsRefund
- 12 Dec 2025Credit of SharesCredit
- 15 Dec 2025Listing dateListing
Wakefit Innovations IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 76 | ₹14,820 |
| Retail Maximum | 13 | 988 | ₹192,660 |
| SHNI Minimum | 14 | 1064 | ₹207,480 |
| SHNI Maximum | 67 | 5092 | ₹992,940 |
| BHNI Minimum | 68 | 5168 | ₹1,007,760 |
Wakefit Innovations IPO Reservation
Promoter Holding
Wakefit Innovations IPO Valuations
Wakefit Innovations Financial Information
| 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 | ||||
About Wakefit Innovations IPO
Incorporated in 2016, Wakefit Innovations Limited is a leading Indian Direct-to-Consumer (D2C) brand specializing in home and sleep solutions. The company is widely recognized for its high-quality, affordable mattresses, furniture, and home décor products.
Wakefit first gained prominence with its online-exclusive memory foam mattresses, eliminating intermediaries to provide superior value at competitive prices. Since then, the company has significantly expanded its offerings to include pillows, beds, sofas, study tables, wardrobes, and a broad range of home furnishings—catering to the evolving needs of modern Indian households.
Operating primarily through digital channels, Wakefit leverages a robust logistics network and strong customer service framework to ensure seamless delivery and support across the country. Its omnichannel presence has continued to grow in recent years.
Product Portfolio:
Mattresses
Furniture
Furnishings
Wakefit currently serves customers across 700 districts, spanning 28 states and 6 union territories. As of September 30, 2025, the company operates 125 stores across 62 cities, covering 19 states and 2 union territories.
Strength Of Wakefit Innovations IPO
- 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.
- Our multi-faceted marketing approach enhancing our brand image.
- Business model with a track record of delivering financial growth.
Risk Of Wakefit Innovations IPO
- Our business and results of operations are significantly dependent on our "Wakefit" brand, under which we offer a wide range of products, including mattresses, furniture, and furnishings, and any impairment, dilution or damage to our brand in any manner may adversely affect our business reputation, results of operations, financial condition and cash flows.
- We derive a significant portion of our revenue from our mattress product category. Our revenue from the sale of mattresses accounted for 60.65%, 61.35%, 57.54% and 63.50%, of our revenue from operations in six months period ended September 30, 2025 and Fiscals 2025, 2024 and 2023, respectively. Any shifts in consumer preferences, any disruption in the supply chain, or heightened competition could adversely affect our business, results of operations, financial condition and cash flows.
- A significant portion of our revenues is derived from the sale of products through our own channels. Our sales from our own channels (i.e., website and COCO - Regular Stores) accounted for 64.91%, 56.97%, 58.30% and 57.50%, of our revenue from operations in six months period ended September 30, 2025 and Fiscals 2025, 2024 and 2023, respectively. Any disruption to our website, whether due to technical issues, cyber-attacks, or changes in consumer behaviour or any disruption to the operations of our stores or limitations on our ability to expand and grow these stores may adversely affect our sales, business, results of operations, financial condition and cash flows.
- We have incurred losses in the past and we may continue to incur losses in the future.
- Our Company, Directors, Promoters, Key Managerial Personnel and Senior Management are and may be involved in certain legal and regulatory proceedings. Any adverse decision in such proceedings may have an adverse effect on our business, financial condition, cash flows and results of operations.
- We have experienced negative cash flows from operating activities in Fiscal 2023. We may continue to have negative cash flows in the future.
- We rely on third party logistics service providers to transport our products, and any disruption in our transportation arrangements or increases in transportation costs may adversely affect our business, results of operations, financial condition and cash flows.
- Failure to obtain or renew approvals, licenses, registrations and permits to operate our business in a timely manner, or at all, may adversely affect our business, financial condition, results of operations and cash flows.
- If we fail to protect or incur significant costs in defending our intellectual property or if we infringe the intellectual property rights of others, our business, results of operation, financial condition and cash flows could be adversely affected.
- We do not have long term agreements with suppliers for our raw materials and an increase in the cost of or a shortfall in the availability of such raw materials could have an adverse effect on our business, results of operations, financial condition and cash flows.
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/