Wakefit IPO To Open On December 8. Check Live GMP, Financials & More Details
Wakefit Innovations Limited, the prominent D2C home and sleep solutions brand, is set to launch its initial public offering (IPO). This much-anticipated listing comes as the company successfully scales its business beyond mattresses into furniture and home accessories, backed by strong revenue growth and a critical pivot to profitability.
1. Wakefit IPO Key Details & Schedule
The Wakefit IPO is a combination of a Fresh Issue to fund CapEx and an Offer For Sale (OFS) by promoters and early investors. Anchor investors will participate on December 5, 2025.
| Particulars | Details (Tentative) |
|---|---|
| IPO Dates | December 8 – 10, 2025 |
| Price Band | ~₹195 per share |
| Total Issue Size | ~₹1,289 Crore |
| Fresh Issue Component | ₹377.1 Crore |
| OFS (Shares) | 46,754,405 Shares |
| Market Cap (Post-Issue) | ~₹6,785 Crore |
| Retail Allocation | 10% |
| Live GMP | ₹19 ⬆️ |
2. Wakefit Financial Track Record & Profitability
Wakefit has demonstrated impressive revenue compounding and achieved a crucial profitability milestone in the current fiscal year. The revenue has grown at a 25%+ CAGR between FY22 and FY24.
| Metric (₹ Crore) | FY23 | FY24 | H1 FY26 (Profit Pivot) |
|---|---|---|---|
| Revenue from Operations | 812.6 | 986.4 | 724.0 |
| Net Profit/(Loss) After Tax | (145.7) | (15.1) | +35.5 |
| Cash Flow from Operations | (Negative) | Positive in FY24 | Positive |
The company recorded a substantial Net Profit of ₹35.5 crore in the six months ended September 30, 2025 (H1 FY26), confirming its focus on improving unit economics and cost control, transitioning from historical losses.
3. Objectives of the Issue: Use of Fresh Proceeds (CapEx & Expansion)
The ₹377.1 crore Fresh Issue is primarily aimed at boosting the company's physical retail presence and brand visibility, signaling a strategic shift to omnichannel growth. The key expenditure breakdown is:
- Store Setup (COCO): ₹31 crore allocated for setting up 117 new company-owned, company-operated (COCO) regular stores.
- Store Infrastructure: ₹161.4 crore designated for lease, sub-lease rentals, and licence fees for existing stores.
- Brand Awareness: ₹108.4 crore reserved for Marketing and Advertising expenses to strengthen the brand.
- Equipment: ₹15.4 crore designated for the purchase of new equipment and machinery.
- Balance: Reserved for General Corporate Purposes (GCP).
4. Business Model & Competitive Advantage
Wakefit utilizes a vertically integrated, full-stack D2C model. It controls the entire process, from design and manufacturing (five facilities in Karnataka, Tamil Nadu, and Haryana) to distribution via its website and a growing network of offline stores.
This allows Wakefit to position itself competitively in the broader Indian sleep and home-solutions market, which is expected to reach approximately USD 3.65 billion by 2030.
5. Wakefit Innovations IPO FAQs
Q. What is the Wakefit Innovations IPO date?
A. The Wakefit Innovations IPO opens for subscription on December 8, 2025, and closes on December 10, 2025.
Q. What is the expected Wakefit IPO Price Band?
A. The Price Band is tentatively set around ₹195 per share.
Q. What is the GMP for Wakefit Innovations IPO?
A. The market sentiment appears positive, with the current Grey Market Premium (GMP) around ₹19.
Q. How is the Fresh Issue money being used?
A. The Fresh Issue proceeds are allocated primarily for offline retail expansion (new COCO stores), covering store rental payments, and brand advertising.
Q. What is Wakefit Innovations' Market Cap?
A. The post-issue Market Capitalization is estimated to be around ₹6,785 Crore.