Wakefit Innovations
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Wakefit Innovations
Price 185 to 195
GMP Rumors ₹6
Lot size 76
Issue size ₹1,288.89 Cr
Allotment 11-12-2025
Listing 15-12-2025
Suggestion May Apply
Allotment Status MUFG
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About

BSE List Price : ₹194.10

NSE List Price : ₹195.00

subscription

CategoryTimes
QIBs 3.04x
HNIs 1.05x
Retail 3.17x
Total : 2.52x

IPO Market Lot(s) Distribution

Application Lot Size Shares Amount
Retail Minimum 1 76 ₹14,820
Retail Maximum 13 988 ₹192,660
S-HNI Minimum 14 1,064 ₹207,480
S-HNI Maximum 67 5,092 ₹992,940
B-HNI Minimum 68 5,168 ₹1,007,760

About the Company

Wakefit Innovations Ltd, founded in 2016, is a leading brand offering high-quality and affordable home and sleep solutions. The company has built a strong presence in the mattress segment by consistently introducing innovative products that stand out in the market. Its memory foam mattresses, sold directly to customers through online channels, help maintain competitive pricing. Over the years, Wakefit has expanded beyond mattresses to provide a wide range of home products, including pillows, beds, sofas, study tables, wardrobes, and other modern furniture, catering to the evolving needs of contemporary Indian households.

Company Financial Report

Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets
2023 ₹820.01 ₹965.69 ₹-145.68 ₹791.80
2024 ₹1017.33 ₹1032.39 ₹-15.05 ₹928.30
2025 ₹1305.43 ₹1340.43 ₹-35.00 ₹1050.75
September 2025 ₹741.30 ₹705.73 ₹35.57 ₹1220.34

Company Promoter

Ankit Garg

Chaitanya Ramalingegowda

Know before investing

  • • Strengths

    One of the biggest and most rapidly expanding D2C destinations for home and furnishing solutions.

    A complete home and furnishings brand centered on continuous product innovation.

  • • Risks

    Significant portion of revenue depends on mattress sales.

    Absence of long-term supplier agreements, leaving the business vulnerable to fluctuations in raw material costs and supply disruptions.

Objects of the Issue & Utilisation of proceeds

Expenditure for lease, sub-lease rent and license fee payments for our existing COCO – Regular Stores

Capital expenditure to be incurred by our Company for setting up of 117 new COCO – Regular Stores

Marketing and advertisement expenses toward enhancing the awareness and visibility of our brand

Capital expenditure to be incurred by our Company for purchase of new equipment and machinery.

General Corporate Purpose.

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

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