
Manufacturing · NSE / BSE
Wakefit Innovations Limited, founded in 2016, is a leading Indian Direct-to-Consumer home and sleep solutions company known for offering high-quality and affordable mattresses, furniture, and home décor products. The company first became popular with memory foam mattresses sold online at competitive prices by removing middlemen and later expanded into pillows, beds, sofas, wardrobes, study tables, and furnishings to meet the needs of modern households. Wakefit primarily sells through digital platforms supported by strong logistics and customer service, delivering products to customers across 700 districts in India, and as of September 30, 2025, it also operates 125 stores in 62 cities across 19 states and 2 union territories.
Price Band
₹185 – ₹195
Issue Size
₹1289 Cr
Lot Size
76 shares
GMP
+2.6%
Est. Listing
₹200
at current GMP
Subscribed
2.52x
overall
Open
8 Dec 2025
Close
10 Dec 2025
Allotment
11 Dec 2025
Refund
12 Dec 2025
Demat Credit
13 Dec 2025
Listing
15 Dec 2025
Overall Subscription
2.52x
Total Demand
QIB Multiplier
3.04x
Institutions & Funds
NII / HNI
1.05x
High Net-Worth
Retail (RII)
3.17x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 19,829,060 | 60,246,188 | 3.04x |
| NIB | 9,914,530 | 10,451,748 | 1.05x |
| HNIs(10L +) | 6,609,687 | 5,788,084 | 0.88x |
| HNIs (2-10L) | 3,304,843 | 4,663,664 | 1.41x |
| RETAIL | 6,609,687 | 20,974,784 | 3.17x |
| Total | 46,267,807 | 102,124,468 | 2.52x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 86,970 | 230,396 | 2.65x |
| HNIs(10L +) | 6,212 | 635 | 0.10x |
| HNIs (2-10L) | 3,106 | 3,940 | 1.27x |
| Total Applications | 96,288 | 234,971 | 2.44x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Wakefit Innovations Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹1,288.89 Crores. The shares are offered at a price band of ₹185 to ₹195 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-12-10, the basis of allotment is scheduled to be finalized on 2025-12-11. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Wakefit Innovations Limited IPO is ₹5 per equity share. Based on the upper price band of ₹185 to ₹195 per equity share, the estimated listing price is ₹200 (+2.6% expected listing gain).
With a lot size of 76 shares and current GMP of ₹5, the expected profit per application lot is approx ₹380 (+2.6% gain). Minimum application cost is approx ₹14,820.
The Wakefit Innovations Limited IPO aggregate issue size is ₹1,288.89 Crores with an equity price band set at ₹185 to ₹195 per equity share. The retail lot size is 76 shares requiring a minimum capital outlay of approx. ₹14,820.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 2.52x (Retail: 3.17x, QIB: 3.04x, NII: 1.05x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-12-11. Investors can verify status using PAN card or application number.
Wakefit Innovations Limited shares are scheduled to list on NSE and BSE on 2025-12-15.