The Wakefit Innovations IPO opening date is December 8, 2025, and the IPO will close on December 10, 2025. The Wakefit Innovations IPO is a book-building issue. The company will raise approximately ₹1,288.89 crore through the IPO, which includes a fresh issue of ₹377.18 crore and an offer for sale of 4,67,54,405 equity shares with a face value of ₹1.
The price band for the Wakefit Innovations IPO is ₹185 to ₹195 per share. The retail quota is 10%, QIB 75%, and HNI 15%. The Wakefit Innovations IPO will be listed on the BSE and NSE on December 15, 2025. The allotment date for the Wakefit Innovations IPO is December 11, 2025.
The company reported revenue of ₹1,305.43 crore in 2025, compared to ₹1,017.33 crore in 2024. The company reported a loss of ₹35.00 crore in 2025, compared to ₹15.05 crore in 2024. According to financials, IPO investors should apply for the long term in IPOs.
Wakefit Innovations IPO Details
| IPO Open Date | December 8, 2025 |
| IPO Close Date | December 10, 2025 |
| Face Value | ₹1 Per Equity Share |
| IPO Price Band | ₹185 to ₹195 Per Share |
| Issue Size | Approx ₹1,288.89 Crores |
| Fresh Issue | Approx ₹377.18 Crores |
| Offer for Sale: | Approx 4,67,54,405 Equity Shares |
| Issue Type | Book Build Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Wakefit Innovations IPO Market Lot
The Wakefit IPO minimum market lot is 76 shares with ₹14,820 application amount. The retail investors can apply up-to 13 lots with 988 shares of ₹1,92,660 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 76 | ₹14,820 |
| Retail Maximum | 13 | 988 | ₹1,92,660 |
| S-HNI Minimum | 14 | 1,064 | ₹2,07,480 |
| S-HNI Maximum | 67 | 5,092 | ₹9,92,940 |
| B-HNI Minimum | 68 | 5,168 | ₹10,07,760 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 75% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 10% |
Wakefit Innovations IPO Anchor Investors
| Anchor Bidding Date | December 5, 2025 |
| Anchor Investors List | |
| Shares Offered | 5,74,800 Shares |
| Anchor Size | 11.09 Cr. |
| lock-in period end date 50% shares (30 Days) | January 10, 2026 |
| lock-in period end date 50% shares (90 Days) | March 11, 2026 |
Wakefit Innovations IPO Dates
The Wakefit IPO date is December 8 and the close date is December 10. The Wakefit Innovations IPO allotment will be finalized on December 11 and the IPO listing on December 15.
| IPO Open Date: | December 8, 2025 |
| IPO Close Date: | December 10, 2025 |
| Basis of Allotment: | December 11, 2025 |
| Refunds: | December 12, 2025 |
| Credit to Demat Account: | December 12, 2025 |
| IPO Listing Date: | December 15, 2025 |
| IPO Bidding Cut-off Time: | December 10, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Ankit Garg and Chaitanya Ramalingegowda.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 30,74,86,214 | 43.01% |
| Promoter Holding Post Issue | 32,68,28,675 | 36.83% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Capital expenditure to be incurred by our Company for setting up of 117 new COCO – Regular Stores | ₹30.84 |
| Expenditure for lease, sub-lease rent and license fee payments for our existing COCO – Regular Stores | ₹161.47 |
| Capital expenditure to be incurred by our Company for purchase of new equipment and machinery | ₹15.41 |
| Marketing and advertisement expenses toward enhancing the awareness and visibility of our brand | ₹108.40 |
| General Corporate Purpose | ₹- |
Wakefit Innovations IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹820.01 | ₹965.69 | ₹145.68 | ₹791.80 |
| 2024 | ₹1,017.33 | ₹1,032.39 | ₹15.05 | ₹928.30 |
| 2025 | ₹1,305.43 | ₹1,340.43 | ₹35.00 | ₹1,050.75 |
| September 2025 | ₹741.30 | ₹705.73 | ₹35.57 | ₹1,220.34 |
Wakefit Innovations IPO Valuation – FY2025
Check Wakefit Innovations IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | (6.72)% |
| ROCE: | (0.68)% |
| EBITDA Margin: | 7.13% |
| PAT Margin: | (2.75)% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹(1.15) (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | (6.72)% |
| Net Asset Value (NAV): | ₹16.96 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Sheela Foam Limited | 8.84 | 77.26 | 2.98% | 278.35 | 3,439.19 Cr. |
About the Wakefit Innovations IPO
Wakefit Innovations Limited is one of the leading companies providing high-quality, affordable home and sleep solutions. It was founded in 2016.
In the mattress category, they have previously launched new products and continue to do so to differentiate themselves in the market. Furthermore, the company is one of the leading firms because its memory foam mattresses, sold directly to customers online, help keep prices low.
In addition, the company has expanded its product portfolio to include pillows, beds, sofas, study tables, wardrobes, and other furniture to meet the needs of modern Indian homes.
Started in 2016, Wakefit Innovations Limited is an Indian D2C (direct-to-consumer) home and sleep solutions company known for its range of high-quality and affordable mattresses, furniture, and home decor products.
The company initially gained popularity with its memory foam mattresses, which were sold directly to customers online, eliminating middlemen and offering affordable prices. Over time, Wakefit expanded its portfolio to include pillows, beds, sofas, study tables, wardrobes, and other furniture items that meet the evolving needs of modern Indian homes.
The company operates primarily through its digital channels, supported by strong logistics and customer service, allowing it to reach customers in urban and semi-urban areas across India.
Product Portfolio:
Mattresses
Furniture
Furnishings
The company sells its products in 700 districts across 28 states and 6 union territories. As of September 30, 2025, it has 125 stores in 62 cities across 19 states and 2 union territories.
Competitive Strengths:
Largest and fastest-growing D2C home and furnishing solutions destination
Comprehensive home and furnishing solutions brand with a core focus on product innovation
Full-stack vertically integrated operation with differentiated process and technical capabilities
Omnichannel sales presence and strategically located store network
Multi-faceted marketing approach that enhances brand image
Contact Details
Wakefit Innovations Limited Address
Umiya Emporium, 97-99,
2nd and 4th Floor,
Adugodi, Tavarekere, Opposite Forum Mall, Hosur Road,
Bengaluru, Karnataka, 560029
Phone: 080 67335544
Email: investorscompliance@wakefit.co
Website: http://www.wakefit.co/