Wakefit Innovations IPO Description – Wakefit Innovations is India’s largest direct-to-consumer (D2C) home and furnishings company in terms of revenue for Fiscal 2024. Wakefit offers a comprehensive range of products across three major categories—mattresses, furniture, and furnishings—each contributing over INR 100 crore in revenue in Fiscal 2024. The company is among the top three organized mattress players in India. It operates with a full-stack, vertically integrated model, overseeing every stage from design and engineering to manufacturing and distribution.
As of 30 September 2025, Wakefit Innovations had 125 company-owned (COCO) stores and 1,504 multi-brand outlets (MBOs) across 395 cities, supported by an extensive logistics network comprising one central warehouse, seven inventory holding points, and 18 delivery hubs. The company reaches customers in over 700 districts across 28 states and 5 union territories. In Fiscal 2025, 57% of Wakefit’s total revenue was generated through its own channels, with online and offline operations contributing 66.67% and 33.33%, respectively.
As of 30 September 2025, Wakefit Innovations had a total workforce of 2,212 personnel.
Promoters of Wakefit Innovations – Ankit Garg and Chaitanya Ramalingegowda
Table of Contents
Wakefit Innovations IPO Details
| Wakefit Innovations IPO Dates | 8 – 10 December 2025 |
| Wakefit Innovations Issue Price | INR 185 – 195 per share |
| Fresh issue | INR 377.18 crore |
| Offer For Sale | 4,67,54,405 shares (INR 864.96 – 911.71 crore) |
| Total IPO size | INR 1,242.14 – 1,288.89 crore |
| Minimum bid (lot size) | 76 shares (INR 14,820) |
| Face Value | INR 1 per share |
| Retail Allocation | 10% |
| Listing On | BSE, NSE |
Wakefit Innovations Financial Performance
| FY 2023 | FY 2024 | FY 2025 | H1 FY 2026 | |
| Revenue | 812.62 | 986.35 | 1,273.69 | 724.00 |
| Expenses | 905.76 | 951.49 | 1,214.60 | 638.11 |
| Net income | (145.68) | (15.05) | (35.00) | 35.57 |
| Margin (%) | (17.93) | (1.53) | (2.75) | 4.91 |
Wakefit Innovations Offer News
- Wakefit Innovations RHP
- Wakefit Innovations DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Wakefit Innovations Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | FY 2026* | |
| EPS | (5.62) | (0.50) | (1.15) | 2.18 |
| PE Ratio | – | – | – | 84.86 – 89.45 |
| FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | (28.84) | (2.77) | (6.72) |
| NAV | 19.48 | 17.92 | 16.96 |
| ROCE (%) | (20.50) | 0.27 | (0.68) |
| EBITDA (%) | (10.55) | 6.68 | 7.13 |
| Debt/Equity | 0.28 | 0.35 | 0.53 |
Wakefit Innovations IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Subject to Sauda |
| 13 December 2025 | 3 | 200 |
| 12 December 2025 | 3 | 200 |
| 11 December 2025 | 3 | 200 |
| 10 December 2025 | 3 | 200 |
| 9 December 2025 | 5 | 300 |
| 8 December 2025 | 36 | 2,200 |
| 6 December 2025 | 36 | 2,200 |
| 5 December 2025 | 36 | 2,200 |
| 4 December 2025 | 36 | 2,200 |
| 3 December 2025 | 36 | 2,200 |
Wakefit Innovations Offer Objectives
The company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Capital expenditure to be incurred by the company for setting up of 117 new COCO Regular Stores – INR 30.84 crore
- Expenditure for lease, sub-lease rent, and license fee payments for the existing COCO – Regular Stores – INR 161.47 crore
- Capital expenditure to be incurred by the company for purchase of new equipment and machinery – INR 15.41 crore
- Marketing and advertisement expenses towards enhancing awareness and visibility of the brand – INR 108.40 crore
- General corporate purposes
Wakefit Innovations IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 1,98,29,061 | 99,14,529 | 66,09,686 | 3,63,53,276 |
| 10 Dec 2025 | 3.04 | 1.05 | 3.17 | 2.52 |
| 9 Dec 2025 | 0.00 | 0.25 | 1.77 | 0.39 |
| 8 Dec 2025 | 0.00 | 0.07 | 0.73 | 0.15 |
2,97,43,590 shares allotted to anchor investors are not included in these calculations.
Wakefit Innovations – Comparison With Listed Peer
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Wakefit Innovations | 89.45* | 2.18* | (6.72) | 16.96 | 1,273.69 |
| Sheela Foam | 42.02 | 17.66 | 6.17 | 288.47 | 2,982.31 |
* Calculated on the basis of annualized Profits After Tax for FY 2026
Wakefit Innovations IPO Allotment Status
Wakefit Innovations IPO allotment status is now available on the MUFG Intime India website. Click on this link to get the allotment status.
Wakefit Innovations IPO Dates & Listing Performance
| IPO Opening Date | 8 December 2025 |
| IPO Closing Date | 10 December 2025 |
| Finalization of Basis of Allotment | 11 December 2025 |
| Initiation of refunds | 12 December 2025 |
| Transfer of shares to demat accounts | 12 December 2025 |
| Wakefit Innovations IPO Listing Date | 15 December 2025 |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Wakefit Innovations IPO Reviews – Subscribe or Avoid?
Angel One –
Anand Rathi –
Axis Capital –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
BP Wealth – Subscribe
Capital Market – Neutral
Canara Bank Securities –
Choice Broking –
Dalal & Broacha –
Elite Wealth –
GCL Broking –
Geojit –
GEPL Capital –
Hem Securities –
ICICIdirect –
Investmentz –
Jainam Broking –
KR Choksey – Subscribe
LKP Research –
Marwadi Financial –
Motilal Oswal –
Nirmal Bang –
Reliance Securities –
SBI Securities –
Samco Securities –
SMC Global – Neutral
Swastika Investmart – Avoid
Ventura Securities – Not Rated
Wakefit Innovations IPO Lead Manager
AXIS CAPITAL LIMITED
1st Floor, Axis House
P.B. Marg, Worli, Mumbai 400 025
Phone: +91 22 4325 2183
Email: [email protected]
Website: www.axiscapital.co.in
Wakefit Innovations Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai 400 083
Phone: +91 91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
Wakefit Innovations Contact Details
WAKEFIT INNOVATIONS LIMITED
Umiya Emporium, 97-99, 2nd and 4th Floor,
Adugodi, Tavarekere, Opp. Forum Mall,
Hosur Road, Bengaluru 560 029
Phone: 080 6733 5544
Email: [email protected]
Website: www.wakefit.co
Wakefit Innovations IPO FAQs
How many shares in the Wakefit Innovations IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply in the Wakefit Innovations Public Offer?
The best way to apply for Wakefit Innovation’s public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is the Wakefit Innovations IPO GMP today?
Wakefit Innovations IPO GMP today is INR 3 per share.
What is Wakefit Innovations’ Subject to Sauda rate today?
Wakefit Innovations Subject to Sauda rate today is INR 200 per application.