Wakefit IPO opens on December 8 - From key dates to offer details; here are 10 things to know from RHP

Wakefit IPO: 10 Things to Know

Wakefit Innovations Set to Raise Funds from Indian Stock Market

Wakefit Innovations, a Bengaluru-based home furnishing firm, is set to open its initial public offering (IPO) for primary market investors starting from 8 December 2025. The company aims to raise funds from the Indian stock market.

Wakefit IPO Key Dates and Details

• IPO Dates: 8 December 2025 to 10 December 2025
• Offer Details: Fresh issue of equity shares with face value of Re 1 apiece, amounting to ₹377.17 crore, along with an offer for sale (OFS) component of 4,67,54,405 equity shares
• Total Amount: ₹377.17 crore + ₹4,67,54,405 (OFS)

Wakefit IPO Objectives and Uses

The company has outlined the following objectives and uses for the IPO proceeds:

• Funding Capital Expenditure: ₹30.84 crore for setting up 117 new stores in India
• Rental Expenses: ₹161.46 crore for rental-related expenses of the company-owned and operated stores
• Equipment and Machinery Purchase: ₹15.40 crore for capex in the purchase of new equipment and machinery
• Marketing and Advertising Expenses: ₹108.40 crore for brand visibility
• General Corporate Expenses: Remaining funds for general corporate expenses

Wakefit IPO Anchor Round and Listing Details

• Anchor Investor Round: 5 December 2025
• Shares Allotment: 11 December 2025
• Listing Date: Estimated to be listed on the benchmark indices by 15 December 2025

Wakefit IPO Reservations and Book Runner Details

• Reservations: Not less than 75% for Qualified Institutional Buyers (QIB), not more than 15% for Non-Institutional Investors (NIIs), and not more than 10% for retail bidders
• Book Runner: Axis Capital Ltd, IIFL Capital Services Ltd, and Nomura Financial Advisory and Securities India Pvt. Ltd
• Registrar: MUFG Intime India Pvt. Ltd

Wakefit IPO Financial Performance

• Net Profit: ₹35.57 crore for the July to September quarter of the financial year ending 2025-26
• Net Loss: ₹35 crore for the fiscal year ended 2024-25, ₹15.05 crore for the fiscal year ended 2023-24
• Total Income: ₹741.30 crore for the first half of the 2025-26 fiscal year, ₹1,305.42 crore for the financial year ended 2024-25, ₹1,017.33 crore for the year ended 2023-24

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