Wakefit Innovations IPO to debut on Friday: All you need
Wakefit Innovations, known for its mattresses and home products, is making its stock market debut this Monday.
The company raised ₹1,288.89 crore through its IPO—₹377.18 crore from new shares and ₹911.71 crore from existing shareholders selling their stake.
IPO buzz and listing details
The IPO was open from December 8-10 and got a strong response, being subscribed 2.52 times overall.
Retail investors showed real enthusiasm with 3.17 times oversubscription, while QIBs came in at 3.04 times.
Shares are set to list on December 15 on BSE and NSE, likely at a modest premium over the top price of ₹195 per share.
What does Wakefit actually do?
Wakefit makes sleep essentials like mattresses, plus furniture and decor—all sold directly to customers online and in stores across India.
Most of their revenue comes from mattress sales.
They handle everything in-house—from R&D to manufacturing—and reported ₹724 crore in revenue with ₹35.57 crore profit for the first half of FY26.
What's next for Wakefit?
The fresh funds will help Wakefit open 117 new company-owned stores, upgrade existing outlets, invest in equipment and marketing, and support expansion plans across India—so you might be seeing more Wakefit showrooms popping up soon!