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Wakefit Innovations IPO

Wakefit Innovations IPO — date, price band, GMP & allotment 2025

Wakefit Innovations is coming up with its IPO, attracting strong interest from investors. The company is a fast-growing home and sleep solutions brand in India, known for mattresses, furniture, and home products. It has built a strong online presence and expanding offline stores across major cities. With rising demand in the organized furniture market, the IPO is expected to see good response from retail and institutional investors.

Stock price

Wakefit Innovations is listed — here is the live share price.

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The verdict
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71 / 100 · 13 reviews
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Grey market premium
₹0
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2.52×
Overall, across all categories
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Minimum to apply
₹14,820
1 lot · 76 shares at ₹195
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Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Timetable

Key dates from opening to listing. Today is 14 September.

Key dates Listed
  1. Open 08 Dec 2025
  2. Close 10 Dec 2025
  3. Allotment 11 Dec 2025
  4. Refund/credit 12 Dec 2025
  5. Listing 12 Dec 2025

Issue summary

The terms of the offer, as filed.

IPO Dates 8 to 10 Dec, 2025
Price Band ₹185 – 195
Face Value ₹₹1
Lot Size 76 Shares
Issue Size ₹1288.89 Cr
Sale Type Fresh capital cum OFS
Listing On BSE & NSE
Employee Discount NA
Registrar MUFG Intime India Private Limited
Min Investment ₹ 14,820
Reservation
QIB 75%
NII 15%
Retail 10%

Share of the offer set aside for each investor category, as stated in the offer document.

What will it cost me?

Bidding is in multiples of 76 shares at the ₹195 cut-off. Drag to size your application.

shares
1 lot lots
Application Lots Shares Amount
Retail (min) 1 76 ₹14,820
Retail (max) 13 988 ₹1,92,660
S-HNI (min) 14 1,064 ₹2,07,480
S-HNI (max) 67 5,092 ₹9,92,940
B-HNI (min) 68 5,168 ₹10,07,760

Three years of numbers

All figures in ₹ crore, as reported in the Wakefit Innovations offer document.

Total income
741.30
1,017
1,305
741
31 mar 2431 mar 2530 sep 25
Profit after tax
35.57
-15
-35
36
31 mar 2431 mar 2530 sep 25
EBITDA
103.19
66
91
103
31 mar 2431 mar 2530 sep 25
Metric 30 sep 25 31 mar 25 31 mar 24
Revenue 741.30 1,305.43 1,017.33
OPM % 14.04 4.5
EBITDA 103.19 90.83 65.85
Net Profit 35.57 -35.00 -15.05
Debt 7.36
Assets 1,220.34 1,050.75 928.30

See how this IPO compares — view listing performance of all mainboard IPOs.

Valuation & key ratios

Ratios are for the latest full financial year reported in the Wakefit Innovations RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.

P/E Ratio
-162.47x
EPS (₹)
-1.15
RoCE
0.86
RoNW
6.72 to -7.13
PAT Margin
35.5

Wakefit Innovations IPO Valuation

How the issue prices the company before and after the fresh shares are created.

Valuation Metric Post-Issue
EPS (₹) ₹-1.15
P/E Ratio (x) -162.47
Market Cap at Offer Price (₹ Cr) ₹-6,031.43

Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹195 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.

Where the money goes

₹349.19 Cr of the issue is earmarked to named objects.

. Capital expenditure to be incurred by the 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 our Company for purchase of new equipment and machinery ₹15.41 Cr
Marketing and advertisement expenses toward enhancing the awareness and visibility of our brand ₹108.40 Cr
General corporate purposes ₹33.07 Cr

About the company

Wakefit Innovations Limited was incorporated in 2016 in Bengaluru by promoters Ankit Garg and Chaitanya Ramalingegowda with the aim of offering affordable and quality sleep solutions to Indian consumers. The company started with memory foam mattresses and quickly scaled its operations through a digital-first approach. Over time, it expanded into a full home solutions brand, building strong brand recognition and achieving rapid growth in India’s organised home and furnishing market.

The company offers a wide range of products including mattresses, furniture, and home furnishings, catering to modern urban households. It operates on a direct-to-consumer (D2C) business model, supported by in-house manufacturing, supply chain control, and a strong online presence along with offline experience stores. This model helps reduce costs, maintain quality, and offer competitive pricing, while enabling the company to scale efficiently and build long-term customer relationships across India.

Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.

Promoters
43.01% & 36.83%
Promoter holding
43.01% 36.83%
Pre-issue → post-issue
Registered office
Registered office: Sy No 414/P, Plot No 33, Jigani Industrial Area, Phase II, Bengaluru, Karnataka 560105.
+91 80 69702500.

The bankers & the filings

Who is running the book, and the documents this page is built from.

Book-running lead manager
Axis Capital View track record →
Book-running lead manager
IIFL Capital Services Limited View track record →
Red Herring Prospectus
SEBI filing
Final offer document — price band, financials and risk factors. This page is built from it.
Open the RHP

Wakefit Innovations IPO Documents

Read the filings this page is built from.

Lead Manager Track Record

How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.

Axis Capital

27 issues handled
Listed in Profit 82.6% 19 of 23 listed
Avg Listing Gain +17.2% across 23 issues
Listed Below Issue 4 of 23 listed

Best listing: LG Electronics India (+50.0%). Weakest: Clean Max Enviro Energy Solutions (-8.8%).

IIFL Capital Services Limited

25 issues handled
Listed in Profit 77.8% 14 of 18 listed
Avg Listing Gain +13.4% across 18 issues
Listed Below Issue 4 of 18 listed

Best listing: Corona Remedies (+38.4%). Weakest: Purple Style Labs (-7.0%).

Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.

Company contact

Company
Wakefit Innovations
Email

Frequently asked

What is the GMP of Wakefit Innovations?

The current Grey Market Premium is ₹0.

What is the Wakefit Innovations IPO price band?

₹185 to ₹195, on a face value of ₹₹1.

When is the allotment?

The basis of allotment is 11 December 2025, with listing on 12 December 2025.

How do I check allotment status?

On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.

Wakefit Innovations IPO

Every number here traces back to a filing.

IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

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