Wakefit IPO to Open on December 8: Dates, Size and Proposed Structure

December 2, 2025: Wakefit’s initial public offering will open for subscription status on 8 December 2025 and close on 10 December 2025. The issue comprises a fresh equity sale worth around ₹377.1 crore along with an offer for sale (OFS) by existing promoters and shareholders. Including the OFS component, the total IPO size is estimated at nearly ₹1,400 crore.

Wakefit is a Bengaluru-based firm and was launched in 2016. It is the leading firm in the Indian market for home and sleep-solution industries. Products of the company include mattresses, furniture, décor, and home-comforts, and these are retailed through a combination of company-owned stores (COCO), e-commerce platforms, and multi-brand retail channels.

Wakefit IPO Structure and Timeline

Wakefit Innovations IPO is a book build issue of ₹1,288.89 crores. The issue is a combination of fresh issue of 1.93 crore shares aggregating to ₹377.18 crores and offer for sale of 4.68 crore shares aggregating to ₹911.71 crores. Wakefit Innovations IPO opens for subscription on December 8, 2025, and closes on December 10, 2025. The allotment for the Wakefit Innovations IPO is expected to be finalized on December 11, 2025. Wakefit Innovations IPO will list on BSE, NSE with a tentative listing date fixed as December 15, 2025.

Wakefit Innovations IPO price band is set at ₹185.00 to ₹195.00 per share The lot size for an application is 76. The minimum amount of investment required by a retail is ₹14,820 (76 shares) (based on upper price). The lot size investment for sNII is 14 lots (1,064 shares), amounting to ₹2,07,480, and for bNII, it is 68 lots (5,168 shares), amounting to ₹10,07,760. Axis Capital Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.

Anchor investor bidding for the IPO of Wakefit will happen on 5 December 2025, a day ahead of the opening of the subscription window. The price band is set between ₹185 to ₹195 for the IPO. 

Use of Proceeds: Expansion & Growth Strategy of Wakefit IPO 

The proceeds from IPO will be used for setting up of 117 new COCO Regular Stores (₹30.84 crore), Expenditure for lease, sub-lease rent and license fee payments for existing COCO Regular Stores (₹161.47 crore), purchasing of new equipment and machinery (₹15.41 crore, marketing and advertisement expenses toward enhancing the awareness and visibility of the brand (₹108.40 crore), and general corporate purposes

Financial Performance Snapshot of Wakefit IPO 

Wakefit Innovations Ltd.’s financials show a mixed trend between FY24 and FY25. Revenue grew by 28%, driven by stronger sales momentum, while profit after tax declined by 133%, moving from a loss of ₹15.05 crore in FY24 to a deeper loss of ₹35 crore in FY25 before improving to a profit of ₹35.57 crore by September 2025. The company’s assets rose steadily from ₹791.80 crore in FY23 to ₹1,220.34 crore in September 2025, supported by healthier EBITDA and stable reserves.

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