Wakefit Innovations IPO: Price, Analysis, Allotment, And GMP

Wakefit Innovations IPO - Company Analysis

Wakefit Innovations IPO, a Mainboard IPO, is a bookbuilding issue of Rs. 1,288.89 Cr by Wakefit Innovations Ltd. and is a D2C (Direct-to-Consumer) home and sleep solutions company based in India that is well-known for its excellent and reasonably priced selection of mattresses, furniture and home decor items. 

The company first became well-known for its memory foam mattresses, which were offered at affordable costs and sold directly to consumers online, cutting out intermediaries. Over time, Wakefit expanded its portfolio to include pillows, beds, sofas, study tables, wardrobes and other furniture items, catering to the increasing needs of modern Indian homes.

The company operates primarily through its digital channels, complemented by superior logistics and customer service, which enables it to reach customers across urban and semi-urban areas in India.

Product Line:

• Mattresses

• Furniture

• Furnishings.

 

Wakefit Innovations IPO Details

The Wakefit Innovations Ltd IPO open date is from Nov 08 to Nov 10, with IPO allotment on Nov 11, refund initiation on Nov 12, 2025.

The Rs. 1,288.89 Cr mainline IPO comprises a combination of fresh issue of 1.93 crore shares (Rs. 377.18 Cr) and an offer for sale of 4.68 crore shares (Rs. 911.71 Cr).

The Wakefit Innovations IPO listing date might be on Monday, 15 December 2025, and it will be listed at the BSE and NSE. The Wakefit Innovations IPO price band is Rs. 185 to Rs. 195 for each Share. 

Events	Date
IPO Opening Date	November 08, 2025
IPO Closing Date	November 10, 2025
IPO Allotment Date	November 11, 2025 (Tentative)
Refund Initiation	November 12, 2025 (Tentative)
Tentative IPO Listing Date	November 15, 2025

 

Industry Outlook

(Source(s): Redseer research and analysis)

If you want to apply for the IPO, click to open a Demat Account.

 

 

Company Financial 

(Amount in Cr)

Period Ended	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	1,050.75	928.30	791.80
Total Income	1,305.43	1,017.33	820.01
PAT	-35.00	-15.05	-145.68
EBITDA	90.83	65.85	-85.75
Net Worth	520.57	543.61	505.08
Reserves & Surplus	500.27	523.33	486.99
Total Borrowing	-	-	7.36

 

Cash Flows

The cash flows for various activities are shown below:

(Amount in Mn)

Net Cash Flow In Multiple Activities	FY25	FY24	FY23
Net Cash Flow Operating Activities	766.70	805.93	(204.63)
Net Cash Flow Investing Activities	(21.10)	(1,472.39)	(2,011.81)
Net Cash Flow Financing Activities	(710.67)	87.48	2,746.03

 

Revenue Bifurcation 

(Source RHP)

The Objective of The Issue

• The company will have to make capital expenditures to establish 117 new COCO-Regular Stores. ~ Rs. 30.84 Cr.

• Expenditure for lease, sub-lease rent and license fee payments for our current COCO – Regular Stores. ~ Rs. 161.47 Cr.

• Capital expenditure to be incurred by our Company for the purchase of new equipment and machinery. ~ Rs. 15.41 Cr.

• Marketing and advertising costs to raise our brand's visibility and awareness. ~ Rs.  108.40 Cr.

• General corporate objectives.
  
  

Click to check the IPO application status.

Listed Peers of Wakefit Innovations  Ltd.

Company Name	Face Value (₹)	P/E (x)	EPS (₹)
Sheela Foam Limited	5	77.26	8.84

 

Valuation

KPI	Values
ROE	-6.58%
ROCE	-0.68%
Debt/Equity	0.53
RoNW	-6.72%
PAT Margin	-2.75%
EBITDA Margin	7.13%

 

 

Evaluation of P/E Ratio

The company's IPO price of Rs. 195 corresponds to a P/E multiple of NA based on FY25 EPS of Rs. (5.62).

Explore the Orkla India IPO.

IPO's Strengths

• We are the largest and fastest-growing D2C home and furnishing solutions marketplace. Our brand focuses on product innovation.

• Full-stack vertically integrated businesses with distinct processes and technical capabilities.

• An omnichannel sales presence and a network of carefully positioned locations.

• The comprehensive marketing strategy is strengthening the brand's reputation.

IPO Weaknesses

• A small number of clients account for a significant portion of revenue. The company's growth and revenues might be severely impacted by losing any of them.

• The company’s operating cash flows have demonstrated considerable variations, which may compromise liquidity and the capacity to fund everyday operations smoothly.

• The company's growing debt load puts pressure on interest and payments, which could lower profitability if cash flows deteriorate.

• There are more powerful and well-established competitors in the stainless steel and industrial industries. Pricing, profitability and market share may all be impacted by fierce competition.

• Production costs, profitability, and overall financial performance can all be directly impacted by price volatility in steel and raw materials.

Wakefit Innovations IPO GMP 

Wakefit Innovations IPO GMP today is Rs. 0 as of 02 Dec 2025, while writing this information with a price band set at Rs. 195. This suggests that the estimated listing price of the IPO could be around Rs. 195, indicating no gain.

Wakefit Innovations Limited IPO Summary

IPO Opening & Closing Date	Dec 08, 2025 to Dec 10, 2025
Face Value	Rs. 1 per Share
Issue Price	Rs. 185 to Rs. 195
Lot Size	76 Shares
Issue Size	6,60,96,866 Shares (Rs. 1,288.89 Cr)
Offer for Sale	4,67,54,405 Shares (Rs. 911.71 Cr)
Fresh Issue	1,93,42,461 Shares (Rs. 377.18 Cr)
Listing At	BSE, NSE
Issue Type	Book Built Issue IPO
Registrar	MUFG Intime India Pvt. Ltd.

Wakefit Innovations IPO Lot Size

The Wakefit Innovations Ltd. IPO allows retail investors to invest in a minimum and maximum of 1 Lot (76 Shares) amounting to Rs. 14820 and 13 Lots (988 Shares) amounting to Rs. 192660, respectively, while for S-HNI investors, the minimum Lot is 14 (1064 Shares) amounting to Rs. 207480.

Minimum Lot Investment (Retail)	1 Lot
Maximum Lot Investment (Retail)	13 Lots
SHNI (Minimum)	14 Lots
SHNI (Maximum)	67 Lots
BHNI (Minimum)	68 Lots

Wakefit Innovations IPO Reservation

Institutional Share Portion	75%
Retail Investors' Share Portion	10%
Non-Institutional Shares Portion	15%

 

Wakefit Innovations IPO Allotment Status

To check the Wakefit Innovations IPO allotment status, visit the official Registrar’s website or the BSE website. Below are the website links for you.

Using BSE Website - ​BSE IPO allotment status

 

Promoters And Management of Wakefit Innovations  Ltd.

• Ankit Garg.

• Chaitanya Ramalingegowda.

Pre-Issue Promoter Shareholding	43.01%
Post-Issue Promoter Shareholding	36.83%

 

Wakefit Innovations IPO Lead Managers

• Axis Capital Ltd. 

• IIFL Capital Services Ltd. 

• Nomura Financial Advisory & Securities (India) Pvt. Ltd.

 

Dividend Policy

The company has not paid a dividend in the past three financial years.

 

 

Conclusion

Wakefit Innovations' IPO provides investors with exposure to one of India's fastest-growing D2C home and sleep-solution businesses, backed by strong digital skills and a growing omnichannel footprint. But there are serious concerns to take into account, such as consistent losses, unpredictable cash flows and intense rivalry.

 

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

Click Here To Stay Updated With The Upcoming IPOs.

DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.