| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹1288.89 Cr |
| Fresh Issue | ₹377.18 Cr |
| Offer for Sale | ₹911.71 Cr |
| Face Value | โน1 Per Equity Share |
| Price Band | โน185.00-195.00 per share |
| BSE Code | 544642 |
| NSE Code | WAKEFIT |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | IIFL Capital Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 76 shares and in multiples thereof
Incorporated in 2016, Wakefit Innovations Limited is a Indian D2C (Direct-to-Consumer) home and sleep solutions company, best known for its high-quality and affordable range of mattresses, furniture, and home décor products.
The company initially gained popularity with its memory foam mattresses sold directly to customers online, eliminating middlemen and offering competitive prices. Over time, Wakefit expanded its portfolio to include pillows, beds, sofas, study tables, wardrobes, and other furniture items, catering to the evolving needs of modern Indian homes.
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:
The company sells products across 700 districts across 28 states and 6 union territories. As of Sep 30, 2025, it has 125 stores in 62 cities across 19 states and 2 union territories.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | . Capital expenditure to be incurred by the Company for setting up of 117 new COCO โ Regular Stores | 30.84 |
| 2 | Expenditure for lease, sub-lease rent and license fee payments for our existing COCO โ Regular Stores | 161.47 |
| 3 | Capital expenditure to be incurred by our Company for purchase of new equipment and machinery | 15.41 |
| 4 | Marketing and advertisement expenses toward enhancing the awareness and visibility of our brand | 108.40 |
| 5 | General corporate purposes | 33.07 |
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 1,220.34 | 1,050.75 | 928.30 | 791.80 |
| Total Income | 741.30 | 1,305.43 | 1,017.33 | 820.01 |
| Profit After Tax | 35.57 | -35.00 | -15.05 | -145.68 |
| EBITDA | 103.19 | 90.83 | 65.85 | -85.75 |
| NET Worth | 557.34 | 520.57 | 543.61 | 505.08 |
| Reserves and Surplus | 522.34 | 500.27 | 523.33 | 486.99 |
| Total Borrowing | 7.36 | |||
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2025 |
|---|---|
| ROE | -6.58% |
| ROCE | -0.68% |
| Debt / Equity | 0.53% |
| RoNW | -6.72% |
| PAT Margin | -2.75% |
| EBITDA Margin | 7.13% |
| Price to Book Value | 11.50 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | -1.14 | 2.18 |
| P/E (x) | -171.29 | 89.58 |
| Promoter Holding | 43.01% | 36.83% |
| Market Cap | โน6373.16 Cr. | |