Wakefit Innovations IPO Dec 2025: GMP, Price Band, Dates & Full Review

Dec 12th 2025
IPO
wakefit-ipo-dec-2025

 

Wakefit Innovations Ltd., one of India’s largest D2C home and sleep solutions brands, is coming out with a ₹1,288.89 crore IPO. The issue includes a fresh issue worth ₹377.18 crore and an offer for sale of ₹911.71 crore.

With a strong presence across mattresses, furniture and home décor, and a fast-growing omnichannel network of 125+ stores, this IPO has generated strong interest among retail investors.

The Wakefit Innovations IPO opens on December 8, 2025 and closes on December 10, 2025, with allotment expected on December 11, 2025 and listing tentatively on December 15, 2025.

The company has fixed a price band of ₹185–₹195 per share, and the minimum lot size is 76 shares, requiring ₹14,820 at the upper band.

Now let’s discuss Wakefit Innovations IPO in detail so you can make an informed investment decision.

 

Wakefit Innovations IPO Key Details

The following are some of the important and key details about the Wakefit Innovations IPO.

ParticularDetails
IPO DateDecember 8, 2025 to December 10, 2025
Listing DateDecember 15, 2025 (Tentative)
Face Value₹1 per share
Price Band₹185 to ₹195 per share
Lot Size76 shares
Issue Size6,60,96,866 shares (₹1,288.89 Cr)
Fresh Issue1,93,42,461 shares (₹377.18 Cr)
Offer for Sale4,67,54,405 shares (₹911.71 Cr)
Issue TypeBook Building
Listing AtBSE, NSE
Pre-Issue Shares30,74,86,214
Post-Issue Shares32,68,28,675

 

Wakefit Innovations IPO Reservation

The following table shows the IPO quota reserved for each investor category:

Investor CategoryShares Offered
QIBNot less than 75% of the net offer
RetailNot more than 10% of the net offer
NIINot more than 15% of the net offer

 

Wakefit Innovations IPO Timeline

The following table shows the complete timeline of important IPO events:

EventDate
IPO OpensMon, Dec 8, 2025
IPO ClosesWed, Dec 10, 2025
AllotmentThu, Dec 11, 2025
RefundsFri, Dec 12, 2025
Shares in DematFri, Dec 12, 2025
ListingMon, Dec 15, 2025
UPI Mandate Cut-Off5 PM on Dec 10, 2025

 

Wakefit Innovations IPO Lot Size

The following table shows the minimum and maximum investments for retail and HNI investors:

ApplicationLotsSharesAmount
Retail (Min)176₹14,820
Retail (Max)13988₹1,92,660
S-HNI (Min)141,064₹2,07,480
S-HNI (Max)675,092₹9,92,940
B-HNI (Min)685,168₹10,07,760

 

Promoters of Wakefit Innovations Ltd.

Below are the promoters of Wakefit Innovations Ltd.:

  • Ankit Garg
  • Chaitanya Ramalingegowda

 

Wakefit Innovations Promoter Holding

The following table shows the promoter holding before and after the IPO:

ParticularPercentage
Promoter Holding Pre-Issue43.01%
Promoter Holding Post-Issue36.83%

 

Wakefit Innovations Ltd. Business Operations

This section highlights the company’s business, history, and operations.

Wakefit Innovations Ltd., founded in 2016, is one of India’s biggest D2C brands in the home and sleep solutions category. The company is widely known for its memory foam mattresses, ergonomic furniture, and home décor products designed to meet the needs of modern Indian households.

Wakefit began as an online-first mattress brand but has expanded into a full-stack home solutions provider with product categories such as:

  • Mattresses
  • Furniture
  • Home furnishings

The company serves customers across 700 districts, covering 28 states and 6 UTs, and operates 125 stores in 62 cities.

 

Wakefit Product Portfolio

The following are the major product segments offered by Wakefit:

  • Mattresses
  • Furniture (beds, sofas, wardrobes)
  • Furnishings & home décor 

 

Wakefit Competitive Strengths

These points highlight what gives Wakefit Innovations an edge in the industry.

  • One of the largest and fastest-growing D2C home solutions brands
  • Strong omnichannel network with high online revenue share
  • Vertically integrated operations with in-house manufacturing
  • Efficient supply chain and pan-India logistics
  • Strong marketing strategy and brand positioning

 

Wakefit Innovations Financials

The following table shows the financial performance of Wakefit Innovations Ltd:

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets1,220.341,050.75928.3791.8
Total Income741.31,305.431,017.33820.01
Profit After Tax35.57-35-15.05-145.68
EBITDA103.199165.85-85.75
Net Worth557.34521543.61505.08
Reserves522.34500.27523.33486.99
Total Borrowing7.36

Amount in ₹ crore.

 

Key Performance Indicators (KPI)

The following are the key business ratios of Wakefit Innovations Ltd.

KPIValue
ROE-6.58%
ROCE-0.68%
Debt/Equity0.53
RoNW-6.72%
PAT Margin-2.75%
EBITDA Margin7.13%
Market Cap₹6,373.16 Cr

 

Objects of the Issue

The following table shows how the IPO proceeds will be utilised:

ObjectiveAmount (₹ Cr)
Setting up 117 new COCO stores30.84
Lease / license fee for existing stores161.47
Purchase of new equipment and machinery15.41
Marketing & advertising108.4
General corporate purposes

Along with the Wakefit IPO, several other companies are coming up with public issues—see the full List of IPOs in December 2025 for details.

 

Conclusion

Wakefit is a well-recognised consumer brand with strong digital presence, high brand recall and integrated manufacturing. Revenue growth is positive, but profitability has been inconsistent with losses in FY24 and FY25. The company is spending heavily on offline expansion and marketing, which may affect short-term margins.

The valuation will play a major role in determining listing performance. Investors should evaluate risks around negative ROE/ROCE, debt, and competitive pressure from Pepperfry, Urban Ladder, IKEA, Amazon, and Flipkart.

Investors looking for long-term exposure to India’s home improvement sector may consider applying selectively. Conservative or risk-averse investors may wait until clearer profitability trends emerge.

 

Frequently Asked Questions

 

Q. What is the Wakefit Innovations Ltd. IPO?

It is a ₹1,288.89 crore book-built IPO consisting of a fresh issue and an OFS.

Q. When does the Wakefit Innovations Ltd. IPO open?

It opens on December 8, 2025 and closes on December 10, 2025.

Q. What is the price band of Wakefit Innovations Ltd. IPO?

The price band is ₹185 to ₹195 per share.

Q. What is the lot size for Wakefit Innovations Ltd. IPO?

The lot size is 76 shares.

Q. How much is the minimum investment for Wakefit Innovations Ltd. IPO?

A retail investor needs ₹14,820.

Q. When will allotment happen for Wakefit Innovations Ltd. IPO?

The allotment is expected on December 11, 2025.

Q. When will Wakefit Innovations Ltd. list on the stock exchanges?

The tentative listing date is December 15, 2025.

Q. Who are the promoters of Wakefit Innovations Ltd.?

The promoters are Ankit Garg and Chaitanya Ramalingegowda.

Q. Where can I check the financials of Wakefit Innovations Ltd.? 

You can refer to the company’s RHP for complete restated financial statements.

Q. Is Wakefit Innovations Ltd. IPO good to invest?

It may suit long-term investors who understand the D2C retail market; however, profitability risks should be considered.

 

Author Image
Author: Diwakar Singh

 

Diwakar Kumar Singh is a certified SEO content writer and finance specialist with 7+ years of experience in the BFSI industry. He has written 1,000+ finance articles, published books across seven countries and authored research papers.

In 2018, he was awarded a Gold Medal in Marketing and Finance from IMT Hyderabad. He combines analytical strength with clear communication. Diwakar simplifies complex financial concepts, decodes unlisted shares, analyses IPOs, ratios and company profiles and delivers evidence-backed insights that help investors make informed decisions. communication.

 

Beyond finance, Diwakar is a dedicated fitness enthusiast and the founder of TheFitnessJournal. He also holds a nutrition certification from ISSA, USA, and writes about health, nutrition and science-backed wellness in a simple and approachable style. His ability to excel in two demanding fields makes him a versatile creator committed to clarity, accuracy and meaningful impact.

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