Wakefit eyes IPO after bouncing back to profit

Business Dec 01, 2025

Wakefit, known for its mattresses and home products, is gearing up to go public after filing its IPO papers on November 30.
The company has made a strong comeback this year, posting ₹35.5 crore in profit after tax for H1 FY26—quite a turnaround from last year's ₹35 crore loss.
In just the first half of FY26, Wakefit brought in ₹741 crore in total revenue.

What's happening with the IPO?

Wakefit now plans to raise ₹377.2 crore by issuing new shares and will also sell 4.68 crore existing shares as part of the offering.
Peak XV (formerly Sequoia Capital India) is still their biggest outside investor with a 22.47% stake.