Wakefit Innovations IPO

Listed

MainboardOpens 8 December 2025Closes 10 December 2025

Wakefit Innovations Limited, established in 2016, is a prominent Indian Direct-to-Consumer (D2C) brand specializing in home and sleep solutions, including mattresses, furniture, and furnishings. The company operates a…

Live GMP Subscription Allotment

Price band

₹185 - ₹195

Issue size

₹1,288.89 Cr

Lot size

76 shares

Type

Mainboard

GMP

₹4 (+2.1%)

Est. listing

₹199

Est. profit / app

₹304

Retail quota

10%

Key ratios

As per RHP / filings

Face value

₹1

EPS

-1.15

P/E ratio

RoNW

-6.72%

ROE

-6.58%

Debt / Equity

0.01

Timeline

IPO Opens

8 Dec

IPO Closes

10 Dec

Allotment

11 Dec

Listing

15 Dec

IPO Timeline & Listing Details

Event	Date	Details
IPO Open Date	8 December 2025	Subscription starts
IPO Close Date	10 December 2025	Subscription ends
Allotment Date	11 December 2025	Allotment
Listing Date	15 December 2025	Listing

Investment Categories

Category	Lots	Amount
Retail (Min)	1	₹14,820
Retail (Max)Just less than ₹2,00,000	13	₹1,92,660
SHNI (Min)Just above ₹2,00,000	14	₹2,07,480
SHNI (Max)Below ₹10,00,000	67	₹9,92,940
BHNIAbove ₹10,00,000	68	₹10,07,760

IPO Reservation Details

Category	Reservation
QIB (Qualified Institutional Buyer)	75%
NII (Non-Institutional Investor)	15%
Retail	10%
Total	100.00%

IPO Objectives

Capital expenditure to be incurred by our 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.

Strengths

The company is the Largest and fastest growing D2C home and furnishing solutions brand, with strong market positioning and brand recall.
It benefits from full-stack vertically integrated operations, which ensure control over quality, costs, and supply chain efficiency.
The business made a successful pivot to Omnichannel sales (online + 125 physical stores) to increase customer trust and drive conversions.
It has demonstrated a profitability turnaround (PAT of ₹35.57 Cr in H1 FY26), indicating effective control over operating leverage and unit economics.
The company maintains a strong balance sheet with a low debt-to-equity ratio of 0.01 in FY25, providing high financial stability.

Weaknesses

The company has a historical Net Loss status (FY23-FY25), and the IPO is priced at an aggressive 89.86x P/E, relying solely on recent, annualized profits.
The high marketing expenditure (₹108.40 Cr planned) is necessary to sustain the D2C model and combat intense competition, indicating high customer acquisition costs.
A significant cost allocation (₹161.47 Cr) toward lease/rent payments for existing stores represents a major fixed cost burden.
The Offer for Sale (OFS) component of ₹911.71 Cr forms the majority of the issue, limiting the fresh capital available for direct business growth.

Financial Performance

Period Ended
Assets (₹ Cr.)
Revenue (₹ Cr.)
PAT (₹ Cr.)

Peer Comparison

Company	P/B Ratio	P/E Ratio	RONW (%)	Net Worth (₹ Cr.)

Subscription Details

Daily Bids Status

Category	Day 1	Day 2	Day 3
QIB	0x	0x	3.04x
NII	0.07x	0.25x	1.05x
S-HNI	0.15x	0.48x	1.41x
B-HNI	0.03x	0.13x	0.88x
RII	0.77x	1.82x	3.17x
Total	0.16x	0.4x	2.52x

Overall Subscription Statistics

Category	Shares Offered	Shares Bid	Bid Amount (₹ Cr)
QIB	1,98,29,060	6,02,46,188	1,174.8
NII	99,14,530	1,04,51,748	203.81
Small NII	33,04,843	46,63,664	90.94
Big NII	66,09,687	57,88,084	112.87
RII	66,09,687	2,09,74,708	409.01
Total	3,63,53,277	9,16,72,644	1,787.62

Company Details

Wakefit Innovations Ltd.
Umiya Emporium, 97-99, 2nd and 4th Floor, Adugodi, Tavarekere, Opp. Forum Mall, Hosur Road, Bengaluru, Karnataka, 560029
080 67335544
investorscompliance@wakefit.co
http://www.wakefit.co/

Registrar Details

MUFG Intime India Pvt.Ltd.
+91-22-4918 6270
wakefitinnovations.ipo@in.mpms.mufg.com
https://linkintime.co.in/Initial_Offer/public-issues.html

Frequently Asked Questions

What is the core business model of Wakefit Innovations?

Wakefit Innovations is a Direct-to-Consumer (D2C) brand offering a wide range of home and sleep solutions, including mattresses, sofas, beds, and décor, through a digital-first model supported by 125 physical stores.

When will the Wakefit Innovations IPO be open for public subscription?

The Wakefit Innovations IPO will open on December 8, 2025, and the subscription window will close on December 10, 2025.

What is the IPO price band and tentative listing date?

The price band is ₹185.00 to ₹195.00 per share, and the tentative listing date on the BSE and NSE is December 15, 2025.

What are the main objectives of the ₹377.18 Cr Fresh Issue?

The net proceeds are mainly allocated for lease/rent of existing stores (₹161.47 Cr), marketing and advertisement expenses (₹108.40 Cr), and setting up 117 new COCO stores (₹30.84 Cr).

What are the key financial metrics for the IPO valuation?

The IPO is valued at a high P/E ratio of approximately 89.86x based on the annualized profits of H1 FY26, reflecting a premium valuation for future growth.

Is the Wakefit IPO a Fresh Issue or Offer for Sale (OFS)?

It is a combination issue. The majority of the issue is an OFS (₹911.71 Cr), allowing early investors to exit, while the Fresh Issue (₹377.18 Cr) will go to the company for expansion.

Wakefit Innovations IPO News & Updates

Follow the latest updates for Wakefit Innovations IPO, including grey market moves and allotment news.

Wakefit Innovations IPO IPO Pages

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Wakefit Innovations IPO Details

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Wakefit Innovations IPO GMP

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Wakefit Innovations IPO Subscription

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Wakefit Innovations IPO Allotment

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Wakefit Innovations IPO Review

SWOT, strengths, risks, and IPO review

Wakefit Innovations IPO FAQ

Common questions on dates, GMP, and allotment

Wakefit Innovations IPO Registrar

Registrar website and how to check allotment

Wakefit Innovations IPO Timeline

Open, close, allotment, and listing dates

Wakefit Innovations IPO News

Updates, blogs, and latest IPO news

Sources

We match Wakefit Innovations IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

SEBIRules for IPO allotment and disclosures in India
NSEExchange notices, bidding data, and listing updates
BSEExchange notices and IPO allotment check tools
RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
MUFG Intime India Pvt.Ltd.Official site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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