Wakefit IPO Surges to 2.52x Subscription Success
Wakefit's IPO was subscribed 2.52 times, with retail investors leading at 3.17x and QIBs at 3.04x.
Wakefit's IPO was subscribed 2.52 times, with retail investors leading at 3.17x and QIBs at 3.04x.
Wakefit has secured Rs 580 crore from 33 anchor investors at Rs 195 per share ahead of its IPO.
Wakefit's IPO price band is Rs 185-195, valuing the company at Rs 6,400 crore ($719 million).
Wakefit filed its RHP on November 30, 2025, for its IPO, reporting Rs 724 crore revenue in H1 FY26.
Wakefit filed its Red Herring Prospectus on November 30, 2025, to raise Rs 377.2 crore through its IPO.
Wakefit recorded nearly 30% growth but faced doubled net losses amid preparations for its IPO.
Wakefit Innovations has received SEBI approval for its IPO, which includes a fresh equity issue of Rs 468.2 crore.
Wakefit reported a revenue of Rs 971 crore for FY25's first nine months, with auditors raising concerns.
Wakefit co-founders were allotted 2.6M shares before the IPO, valuing a significant equity stake.
Wakefit reported a revenue of Rs 971 crore for the first nine months of FY25, raising auditor concerns.