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Wakefit Innovations Limited IPO

Wakefit Innovations Limited IPO

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Listed Price: ₹ 195.00 (+0.00%)

Following its successful public offering, Wakefit Innovations Limited's made its market debut on 15-12-2025 and is now actively traded on the NSE, BSEplatform. The IPO mobilized 6,60,96,867 Shares in total capital, including 1,93,42,462 Shares in primary equity infusion and ₹911.71 Cr in secondary share sales.

The offering was structured with a price band of ₹185 to ₹195 and minimum investment lots of 76 shares. Investor participation during the subscription window from 08-12-2025 to 10-12-2025 demonstrated market confidence in the company's prospects.

The allotment process concluded on 11-12-2025, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.

Wakefit Innovations IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Wakefit Innovations IPO Key Performance Indicator
Company Financials ( In Crores )

Wakefit Innovations IPO About Company

Wakefit Innovations Limited, founded in 2016, is a leading Indian Direct-to-Consumer home and sleep solutions company known for offering high-quality and affordable mattresses, furniture, and home décor products. The company first became popular with memory foam mattresses sold online at competitive prices by removing middlemen and later expanded into pillows, beds, sofas, wardrobes, study tables, and furnishings to meet the needs of modern households. Wakefit primarily sells through digital platforms supported by strong logistics and customer service, delivering products to customers across 700 districts in India, and as of September 30, 2025, it also operates 125 stores in 62 cities across 19 states and 2 union territories.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Wakefit Innovations IPO Strength Factors

  1. Leading and Rapidly Expanding D2C Home Solutions Brand: Wakefit stands as India’s top D2C home and furnishings company based on FY24 revenue, supported by a strong upward growth trajectory. In less than a decade of operations, it became the fastest homegrown brand to exceed ₹10,000 million in total income, delivering a solid 24.87% CAGR—well ahead of the broader industry performance. (Source: Redseer Report)
  2. Diverse Home & Furnishing Portfolio with Strong Innovation Capability: The company offers a complete range of home solutions including mattresses, furniture, and furnishings—each category generating ₹1,000 million+ revenue in FY24. Wakefit is among the top three organized mattress brands in India and the largest online mattress seller, driven by continuous product innovation and effective cross-selling across its categories.
  3. Omnichannel Distribution Supported by Strategic Retail Network: Wakefit integrates its digital platforms with a fast-growing network of exclusive brand stores and multi-brand outlets to offer a seamless buying experience. This hybrid model improves customer accessibility, enhances brand recall, and strengthens its competitive positioning over traditional offline players.

Wakefit Innovations IPO Risk Factors

  1. High Dependence on Brand Strength and Market Perception: Wakefit’s performance is significantly tied to the reputation and customer trust in its brand. Any negative event—such as poor service experience, adverse publicity, or ineffective promotional strategies—may weaken brand equity and directly affect demand, revenue, and profitability.
  2. Revenue Concentration in Owned Sales Channels: A substantial portion of Wakefit’s business comes through its proprietary channels like the company website and COCO stores. Any operational challenges—whether platform outages, cybersecurity breaches, or delays in retail expansion—can immediately impact customer orders, satisfaction, and financial outcomes.
  3. Legal and Regulatory Risks Impacting Business Stability: The company and key personnel, including Promoters and Directors, are subject to ongoing legal and compliance-related proceedings. Any unfavorable ruling or regulatory action may negatively influence business operations, reputation, liquidity, and overall financial health.

Wakefit Innovations IPO Lead Manager(s)

  • Axis Capital Limited
  • IIFL Capital Services Limited

Wakefit Innovations IPO Promoter(s)

  1. Ankit Garg
  2. Chaitanya Ramalingegowda

Wakefit Innovations IPO Company Details

Wakefit Innovations Limited
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Wakefit Innovations IPO Registrar

Link Intime India Private Limited
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Wakefit Innovations IPO FAQs