The minimum market lot for the Wakefit IPO is 76 shares, requiring an application amount of ₹14,820. Retail investors can apply for up to 13 lots, totaling 988 shares, with a maximum investment of ₹1,92,660.
Wakefit IPO Date, Review, Price, Allotment Details
Posted on: 03 Dec 2025
Wakefit IPO will open on December 8, 2025, and close on December 10, 2025. Wakefit Innovations is launching a Book-Building Issue, aiming to raise approximately ₹1,288.89 crores. This includes a fresh issue of ₹377.18 crores and an Offer for Sale of up to 4,67,54,405 equity shares with a face value of ₹1 each.
The IPO price band is set between ₹185 and ₹195 per share. The allocation includes 75% for QIBs, 15% for HNIs, and 10% for retail investors. Wakefit Innovations shares are expected to list on both BSE and NSE on December 15, 2025, with allotment scheduled for December 11, 2025.
In FY 2025, the company recorded revenue of ₹1,305.43 crores, up from ₹1,017.33 crores in FY 2024. However, it reported a loss of ₹35.00 crores in 2025 compared to a loss of ₹15.05 crores in 2024. Based on the financials, the IPO appears more suitable for investors with a long-term outlook.
Wakefit Innovations IPO Details
IPO Open Date December 8, 2025 IPO Close Date December 10, 2025 Face Value ₹1 Per Equity Share IPO Price Band ₹185 to ₹195 Per Share Issue Size Approx ₹1,288.89 Crores Fresh Issue Approx ₹377.18 Crores Offer for Sale: Approx 4,67,54,405 Equity Shares Issue Type Book Build Issue IPO Listing BSE, NSE DRHP Draft Prospectus 
RHP Draft Prospectus
Wakefit Innovations IPO Market Lot
Application Lot Size Shares Amount Retail Minimum 1 76 ₹14,820 Retail Maximum 13 988 ₹1,92,660 S-HNI Minimum 14 1,064 ₹2,07,480 S-HNI Maximum 67 5,092 ₹9,92,940 B-HNI Minimum 68 5,168 ₹10,07,760
IPO Reservation
Investor Category Share Offered -% Shares Anchor Investor – Shares -% QIB (Ex. Anchor) – Shares 75% NII Shares Offered – Shares 15% Retail Shares Offered – Shares 10%
Wakefit Innovations IPO Anchor Investors
Anchor Bidding Date December 5, 2025 Anchor Investors List Shares Offered 5,74,800 Shares Anchor Size 11.09 Cr. lock-in period end date 50% shares (30 Days) January 10, 2026 lock-in period end date 50% shares (90 Days) March 11, 2026
Wakefit Innovations IPO Dates
The Wakefit IPO will open on December 8 and close on December 10. The allotment for Wakefit Innovations is scheduled to be finalized on December 11, and the shares will be listed on December 15.
IPO Open Date: December 8, 2025 IPO Close Date: December 10, 2025 Basis of Allotment: December 11, 2025 Refunds: December 12, 2025 Credit to Demat Account: December 12, 2025 IPO Listing Date: December 15, 2025 IPO Bidding Cut-off Time: December 10, 2025 – 5 PM
Promoters and Holding Pattern
The promoters of the company are Ankit Garg and Chaitanya Ramalingegowda.
Particular Shares % Share Promoter Holding Pre Issue 30,74,86,214 43.01% Promoter Holding Post Issue 32,68,28,675 36.83%
Objects of the Issue & Utilisation of proceeds
Purpose Crores Capital expenditure to be incurred by our Company for setting up of 117 new COCO – Regular Stores ₹30.84 Expenditure for lease, sub-lease rent and license fee payments for our existing COCO – Regular Stores ₹161.47 Capital expenditure to be incurred by our Company for purchase of new equipment and machinery ₹15.41 Marketing and advertisement expenses toward enhancing the awareness and visibility of our brand ₹108.40 General Corporate Purpose ₹-
About Wakefit Innovations IPO
Wakefit Innovations Ltd, founded in 2016, is a leading provider of high-quality and affordable home and sleep solutions.
In the mattress segment, the company has consistently introduced innovative products, helping it stand out in a competitive market. Its memory foam mattresses, sold directly to customers online, allow the company to maintain competitive pricing.
Beyond mattresses, Wakefit Innovations has expanded its product range to include pillows, beds, sofas, study tables, wardrobes, and other furniture, catering to the evolving needs of modern Indian households.
Wakefit Innovations IPO Company Financial Report
Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets 2023 ₹820.01 ₹965.69 ₹145.68 ₹791.80 2024 ₹1,017.33 ₹1,032.39 ₹15.05 ₹928.30 2025 ₹1,305.43 ₹1,340.43 ₹35.00 ₹1,050.75 September 2025 ₹741.30 ₹705.73 ₹35.57 ₹1,220.34
Wakefit Innovations IPO Valuation – FY2025
Check Wakefit Innovations IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI Values ROE: (6.72)% ROCE: (0.68)% EBITDA Margin: 7.13% PAT Margin: (2.75)% Debt to equity ratio: – Earning Per Share (EPS): ₹(1.15) (Basic) Price/Earning P/E Ratio: N/A Return on Net Worth (RoNW): (6.72)% Net Asset Value (NAV): ₹16.96
Peer Group Comparison
Company EPS PE Ratio RoNW % NAV Income Sheela Foam Limited 8.84 77.26 2.98% 278.35 3,439.19 Cr.
IPO Lead Managers aka Merchant Bankers
- Axis Capital Ltd.
- IIFL Capital Services Ltd.
- Nomura Financial Advisory & Securities (India) Pvt.Ltd.
Company Address
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/
IPO Registrar
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: wakefitinnovations.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html