Wakefit Innovations sets IPO price band at ₹185-195 per share
Wakefit Innovations, a major name in India's home and furnishings space, is opening up its IPO with shares priced between ₹185 and ₹195.
The company plans to raise ₹377.1 crore through a mix of new shares and an offer-for-sale from existing investors.
Each lot will have 76 shares.
What does the company do?
Started in 2016, Wakefit has grown into India's largest D2C home and furnishings company by revenue—selling online, in their own stores, and on e-commerce sites.
With five factories across Karnataka, Tamil Nadu, and Haryana, they pulled in ₹724 crore revenue and made a profit of ₹35.5 crore for the six months ended September 30, 2025.
Other details:
You can apply for the IPO from December 8 to December 10; listing is expected by December 15.
Most shares (75%) are set aside for big institutional buyers; non-institutional investors get 15%, while retail buyers have access to the remaining 10%.
Wakefit plans to use the funds mainly for opening new stores, paying leases on current ones, upgrading equipment, and boosting marketing efforts.