The Wakefit IPO has reached a crucial milestone. With the allotment process now completed and the listing scheduled for December 15, interest around the Wakefit IPO, Wakefit IPO allotment status, Wakefit IPO allotment, and Wakefit Innovations continues to rise among investors tracking India’s IPO market.
As Indian stock markets stay active in the final stretch of the year, Wakefit Innovations’ entry brings a fresh narrative to the D2C home solutions space. The numbers reveal the momentum, and they set the tone for what’s ahead on the Wakefit IPO listing date.
Market Performance Snapshot
The Wakefit Innovations IPO closed with an overall subscription of 2.52 times, marking a steady response across categories.
Here’s how each segment participated:
- Retail Investors: 3.17x
- QIBs: 3.04x
- NIIs: 1.05x
The subscription data reflects a balanced mix of retail and institutional activity.
Wakefit IPO: Main News & Core Highlights
With the Wakefit IPO allotment now finalised, the company is preparing for its market debut on BSE and NSE on December 15. Investors who applied can now check their Wakefit IPO allotment status, while attention builds around the Wakefit IPO listing tomorrow.
Fundraising Details
Wakefit Innovations raised ₹1,288.89 crore, broken down into:
- Fresh Issue: 1.93 crore shares worth ₹377.18 crore
- Offer for Sale (OFS): 4.68 crore shares totalling ₹911.71 crore
IPO Structure at a Glance
- IPO Size: ₹1,288.89 crore
- Fresh Issue: ₹377.18 crore
- OFS: ₹911.71 crore
- Lot Size: 76 shares
- Minimum Retail Investment: ₹14,820 at the upper price band
Use of Funds (Fresh Issue)
Wakefit intends to deploy the fresh issue amount across several key areas:
- Opening 117 new COCO – Regular Stores
- Meeting store-related lease and rental obligations
- Purchasing equipment and machinery
- Strengthening marketing and advertising
- Supporting general corporate needs
These allocations highlight Wakefit’s expansion-ready approach and operational focus.
Wakefit Innovations: Company Overview
Founded in 2016, Wakefit Innovations entered the market with a simple idea making quality sleep solutions accessible through a D2C model. The brand gained early traction with its memory foam mattresses, supported by a direct-sales strategy that eliminated intermediaries and reduced costs for customers.
But the story didn’t end there.
Over the years, Wakefit has evolved into a comprehensive home and lifestyle brand offering:
- Pillows
- Beds
- Sofas
- Wardrobes
- Study tables
- Furniture and décor
Its digital-first model, combined with strong logistics capabilities, has helped the company serve customers across both urban and semi-urban regions.
Today, Wakefit Innovations stands as a recognisable name in India’s home and sleep solutions market—fueling sharp interest around the Wakefit Innovations IPO, Wakefit IPO listing, and Wakefit IPO allotment date.
Summary
With allotments finalised and the Wakefit IPO listing set for December 15, the IPO continues to attract steady attention across investor segments. A subscription of 2.52x, a fundraising of ₹1,288.89 crore, and a clearly defined expansion plan signal the next chapter in Wakefit’s growth journey.
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