WAKEFIT INNOVATIONS IPO
Key Details at a Glance
| IPO Period | 08th December 2025 – 10th December 2025 |
|---|---|
| Expected Listing Date | 15th December 2025 |
| Price Band | ₹185 – ₹195 per equity share |
| Lot Size & Minimum Investment | 76 shares amounting to ₹14,820 |
| Total Issue Size | ₹1,288.89 Crores |
Important Dates for Investors
- Opening Date: 08th December 2025
- Closing Date: 10th December 2025
- UPI Payment Deadline: 10th December 2025 (5 PM)
- Allotment Announcement: 11th December 2025
- Refund Processing: 12th December 2025
- Demat Credit: 12th December 2025
- Stock Market Listing: 15th December 2025
- Mandate Validity End: 25th December 2025
- Anchor Investor Lock-in Release (50%): 10th January 2026
- Anchor Investor Lock-in Release (Remaining): 11th March 2026
*Dates may be revised as per official updates.
Exploring Wakefit Innovations: A Deep Dive
Wakefit Innovations is a prominent direct-to-consumer (D2C) brand that has carved a niche in the home and sleep solutions sector. Specializing in high-quality memory foam mattresses, a diverse range of furniture, and stylish décor products, the company has established itself as a significant player in the Indian market. Wakefit operates on a robust vertically integrated model, granting it comprehensive control over every stage from product design and manufacturing to efficient delivery. This end-to-end control ensures superior product quality while simultaneously optimizing costs, providing a distinct competitive advantage.
With a strategic digital-first approach, Wakefit has cultivated a strong, pan-India presence through both its expansive online platforms and a growing network of offline channels. The company’s commitment to in-house production capabilities, combined with an effective omnichannel distribution network, underpins its ability to reach a broad customer base and maintain consistent brand experience. By focusing on consumer needs and leveraging technological integration, Wakefit has positioned itself as a leader in providing innovative and accessible home comfort solutions.
Understanding the IPO Structure and Funds
| Total Funds Raised | ₹1,288.89 Crores |
|---|---|
| Fresh Issue Component | ₹377.18 Crores |
| Offer for Sale Component | ₹911.71 Crores |
The total issue size of the Wakefit Innovations IPO is ₹1,288.89 Crores. This comprises a fresh issue of equity shares amounting to ₹377.18 Crores, the proceeds of which will directly flow into the company to fuel its growth initiatives. Additionally, there is an Offer for Sale (OFS) component of ₹911.71 Crores, where existing shareholders will sell a portion of their holdings. This structure allows the company to raise fresh capital for expansion while also providing an exit opportunity for early investors.
Strategic Deployment of Funds
| Objective | Amount (INR Crores) | Allocation % |
|---|---|---|
| Capital expenditure to set up 117 new stores | 30.84 | 8.17% |
| Expenditure for lease or sublease rent for existing stores | 161.47 | 42.81% |
| Capital expenditure for the purchase of new equipment and machinery | 15.41 | 4.08% |
| Marketing and advertising expenses | 108.40 | 28.75% |
| General corporate purposes | 61.06 | 16.19% |
Wakefit Innovations plans to strategically utilize the net proceeds from the fresh issue component of its IPO to bolster its operational capabilities and market reach. A significant portion, 42.81%, is earmarked for expenditure related to lease or sublease rent for its existing stores, reflecting a commitment to strengthening its retail footprint. Furthermore, 8.17% will be invested in capital expenditure to establish 117 new stores, indicating an aggressive expansion strategy. The company also intends to allocate 4.08% towards purchasing new equipment and machinery to enhance its production efficiency. A substantial 28.75% is slated for marketing and advertising expenses, highlighting its focus on brand building and customer acquisition. The remaining 16.19% will be utilized for general corporate purposes, providing financial flexibility for ongoing business operations and strategic initiatives.
Core Strengths That Drive Growth
- Strong Brand Recognition: Wakefit benefits from a robust brand recall among consumers, built on a reputation for quality and innovation in the home and sleep solutions segment.
- Diverse D2C Product Portfolio: The company offers a wide range of direct-to-consumer products, including mattresses, furniture, and décor, catering to varied customer needs and preferences.
- Integrated Operations with Omnichannel Reach: Wakefit boasts vertically integrated operations, controlling its supply chain from design to delivery, complemented by a strong omnichannel presence across online and offline channels.
- Market Leadership: As the largest D2C home and furnishings company in India by revenue, Wakefit serves over 2 million customers, demonstrating its significant market penetration and customer trust.
- Reduced Marketplace Dependency: Approximately 55% of the company’s revenue is generated through its owned channels (website and physical stores), minimizing reliance on third-party marketplaces and enhancing profitability.
Factors to Evaluate Before Investing
- Intense Competitive Landscape: Wakefit operates in a highly competitive market, facing challenges from both established players and emerging brands in the home and furnishings sector.
- Raw Material Price Fluctuations: The company’s profitability is susceptible to volatility in the prices of key raw materials used in its manufacturing processes, such as foam and fabric.
- Store Expansion Costs: The ambitious plan for store expansion, while a growth driver, also entails significant capital expenditure and operational costs, which could impact short-term profitability.
- Dependency on Mattress Category: A substantial portion (62%) of Wakefit’s total revenue is derived from its mattress category, making it vulnerable to shifts in demand or increased competition within this specific segment.
Tracking Investor Participation: Live Subscription Status
Subscription statistics based on the latest available information as of 5:00 PM on December 08, 2025:
| Investor Category | Shares Reserved (Lakhs) | Shares Applied (Lakhs) | Subscription (Times) |
|---|---|---|---|
| Qualified Institutional Buyers (QIB) | 198.29 | 0.03 | 0.00x |
| Non-Institutional Investors (NII) | 99.15 | 6.77 | 0.07x |
| Retail Individual Investors (RII) | 66.10 | 49.85 | 0.75x |
| Total | 363.53 | 56.65 | 0.16x |
*Subscription numbers are based on exchange data and are considered reliable indicators of investor interest. Please note that unofficial Grey Market Premium (GMP) figures may vary and are not used as primary indicators by Dhan Kirti.
Participating in the Wakefit Innovations IPO
Investors can participate in this IPO via the official Dhan Kirti IPO platform before the subscription closes on 10th December 2025.
