On offer in the Wakefit IPO are new and OFS shares in a price band of ₹185-195 apiece. The lot size is set at 76 shares—a minimum investment of ₹14,820.| Business News
Wakefit cuts IPO size, sets price band for a valuation of up to ₹6,000 crore
On offer in the Wakefit IPO are new shares worth ₹377 crore—as against ₹468 crore planned earlier—alongwith an offer-for-sale of 4.67 crore shares worth ₹912 crore. The total issue size to ₹1,289 crore.
The Wakefit IPO comes as India's retail market matures and spending increases in categories such as fashion, consumer electronics, home and furnishings. Moreover, IPOs in India are set to break last year's record of $20.5 billion, with as much as $8 billion in offerings expected in the final quarter of 2025.
The company competes with players such as Sheela Foam , IKEA, Duroflex , Godrej and Boyce Manufacturing in India.
