Wakefit Solutions IPO Listing Today: Shares List Flat at ₹195

Wakefit Solutions IPO Listing Today: Shares List Flat at ₹195

Market Performance

Indian equity markets opened cautiously on Monday, and that muted sentiment was reflected clearly in the Wakefit Solutions IPO listing today. As broader indices stayed under pressure, investor appetite for fresh listings remained measured, setting the tone for a flat debut.

Wakefit Solutions shares entered the secondary market without much excitement, mirroring the cautious mood prevailing across equities.

Main News: Wakefit Solutions IPO Listing Remains Muted

The Wakefit Solutions IPO listing today delivered a steady but subdued start. Shares of Wakefit Solutions were listed at ₹195, exactly at the IPO upper price band, offering no immediate listing gains to investors.

The listing price matched the issue price, indicating that the market had largely priced in the offering ahead of debut. The stock opened without any premium or discount, reflecting balanced demand and supply at the listing stage.

This flat opening highlights how investors are currently taking a selective approach toward new-age consumer brands entering the market.

Wakefit Solutions IPO Listing Price on BSE and NSE

  • IPO Listing Price: ₹195 per share
  • Wakefit Solutions IPO listing price BSE: ₹195
  • Wakefit Solutions IPO listing price NSE: ₹195

The identical listing price across exchanges reinforced the muted response, with no sharp volatility seen during the opening trades.

Wakefit Solutions IPO Details

The Wakefit Solutions IPO attracted moderate interest during its subscription window, closing with an overall subscription of 2.52 times.

Breakdown of subscription figures:

  • Retail investors: 3.17 times
  • Qualified Institutional Buyers (QIBs): 3.04 times
  • Non-Institutional Investors (NIIs): 1.05 times

Retail and institutional participation provided support to the issue, while demand from the non-institutional segment remained relatively subdued.

Issue Size and Structure

Through the public offering, Wakefit Solutions raised a total of ₹1,288.89 crore, structured as follows:

  • Fresh issue:
    • 1.93 crore shares
    • Amount raised: ₹377.18 crore
  • Offer for Sale (OFS):
    • 4.68 crore shares
    • Amount raised: ₹911.71 crore

The Wakefit Solutions IPO size reflects a combination of capital raising for business needs and partial exits by existing shareholders.

IPO Timeline and Price Band

  • Wakefit Solutions IPO date: December 8 to December 10
  • Price band: ₹185 to ₹195 per share
  • Lot size: 76 shares
  • Minimum retail investment: ₹14,820 at the upper price band

The issue was priced at the higher end of the band, suggesting confidence in the company’s positioning ahead of the listing.

Use of IPO Proceeds

Funds raised from the fresh issue are planned to be used across multiple operational priorities, including:

  • Capital expenditure for 117 new COCO–Regular stores
  • Lease and rental payments for existing outlets
  • Purchase of equipment and machinery
  • Marketing and advertising initiatives
  • General corporate purposes

These allocations indicate a focus on expanding physical presence and strengthening operational capabilities.

Summary

The Wakefit Solutions IPO listing today ended with a flat debut, as shares listed at ₹195, exactly in line with the issue price. The listing reflected cautious investor sentiment rather than any sharp reaction, supported by moderate subscription numbers and balanced demand.

While the IPO drew participation across investor categories, the absence of a premium on listing day highlighted the market’s current preference for stability over aggressive pricing. The Wakefit Solutions IPO now moves into its post-listing phase amid a watchful broader market environment.

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