Wakefit Innovations came to market through an IPO that opened on 8 December 2025 and closed on 10 December 2025, and the shares listed on 15 December 2025 on BSE, NSE. The price band was ₹185 to ₹195 per share and one lot was 76 shares, so the minimum application was ₹14,820. The issue size was ₹1288.89 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.
MUFG Intime India Pvt Ltd was the registrar to the issue, and Axis Capital Ltd, IIFL Capital Services Ltd, Nomura Financial Advisory & Securities (India) Pvt Ltd were the lead managers.
As of 10 December 2025.
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The company, Wakefit Innovations Limited, was incorporated in 2016; it is an Indian D2C home and sleep solutions company, best known for its affordable and high-quality mattresses and furniture. The company initially gained popularity with its memory foam mattresses sold directly to customers online, bypassing middlemen, and offering competitive prices.
Over time, Wakefit expanded its portfolio into pillows, beds, sofas, study tables, wardrobes, and other furniture items, catering to the changing needs of the modern Indian home.The company operates primarily through its digital channels, supported by strong logistics and customer service, which enables it to reach customers across urban and semi-urban areas in India. Product Portfolio:
Mattresses Furniture Furnishings As of December 31, 2024, the company had 2,085 permanent employees, out of which 1,504 were employees (excluding skilled and unskilled labours) and 581 were skilled and unskilled labours.
As described in the offer document.
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Wakefit Innovations mobilises Rs 580 crore via anchor book. Out of the total allocation to the anchor investors, 1.61 crore equity shares worth Rs 315 crore were allocated to 9 domestic mutual funds including HDFC Mutual Fund, Axis MF, Nippon Life India, Mirae Asset, Tata MF, HSBC MF, Edelweiss, and Mahindra Manulife, Wakefit Innovations said in its filing.
Other global and domestic investors like Prudential Hong Kong, Amundi Funds, Steadview Capital, Ashoka WhiteOak, HDFC Life Insurance, 360 ONE, and Bajaj Life Insurance also participated in the anchor book.
Ankit Garg, Chaitanya Ramalingegowda. Promoter holding 43.01% before the issue and 36.83% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Wakefit Innovations IPO was a ₹1,288.89 crore book-built issue, comprising a fresh issue of ₹377.18 crore and an offer for sale of ₹911.71 crore. It was priced at ₹185–₹195 per share with a lot size of 76 shares (₹14,820). The IPO was open from December 8 to December 10, 2025 and was subscribed 2.52x. Shares listed on BSE and NSE on December 15, 2025 at ₹195, in line with the issue price of ₹195.
MUFG Intime India Pvt Ltd is the registrar. Axis Capital Ltd and 2 other book running lead managers manage the issue.
The price band of Wakefit Innovations IPO is ₹185 to ₹195 per share.
The lot size of Wakefit Innovations IPO is 76 shares.
The minimum investment for Wakefit Innovations IPO is approximately ₹14,820 based on the upper price band.
The allotment date of Wakefit Innovations IPO is Dec 11, 2025.
Wakefit Innovations IPO's final recorded GMP before listing was ₹3 per share (a 2% premium over the ₹195 upper price band). The shares listed at ₹195. GMP is unofficial and does not forecast or guarantee the actual listing price.
Wakefit Innovations IPO listed on Dec 15, 2025. It was issued at ₹195.0(NSE) and is currently around ₹135.00 as on 2-Nov-2026 3:30 PM, which is approximately -30.8% versus issue price. The 52-week high is ₹224.00.
You can check Wakefit Innovations IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Wakefit Innovations IPO allotment status on Rupix for quick and easy access.
₹185 to ₹195 per share, against a face value of ₹1. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 76 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,820.
₹14,820, for one lot of 76 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 8 December 2025 and closed on 10 December 2025.
The basis of allotment was published on 11 December 2025 by MUFG Intime India Pvt Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 15 December 2025 on BSE, NSE.
The issue size was ₹1288.89 crore. The fresh issue was 1,93,42,461 shares (aggregating up to ₹377.18 crore). The offer for sale was 4,67,54,405 shares (aggregating up to ₹911.71 crore).