Wakefit IPO Day 2: Check GMP, Subscription Status & Key Highlights
The Wakefit IPO enters its second day of subscription today, 9 December 2025. By the end of the first day, the issue was subscribed to 0.15 times overall. The bidding window is scheduled to close on December 10, 2025.
Wakefit IPO: Issue Details
Issue Type: The Wakefit IPO is a book-building issue of ₹1,288.89 crore, consisting of a fresh issue of ₹377.18 crore and an offer for sale (OFS) of ₹911.71 crore.
Price Band: The price band is set between ₹185 and ₹195 per share.
Lot Size & Minimum Investment: The lot size for an application is 76, and the minimum investment required is ₹14,820 (for retail investors).
Allotment Date: The basis of allotment will be finalised by December 11, 2025
Listing Date: The tentative listing date on NSE and BSE is December 15, 2025.
Book-running Lead Managers: Axis Capital Limited, IIFL Capital Services Limited, and Nomura Financial Advisory and Securities (India) Private Limited.
Registrar: MUFG Intime India Private Limited.
Wakefit IPO Day 2 Subscription Status
[4-December-2025 10:45:00 hrs]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
0.00 |
|
Non-Institutional Investors |
0.10 |
|
Retail Individual Investors (RIIs) |
1.05 |
|
Total |
0.22 |
Wakefit IPO Day 1 Subscription Status
[8-December-2025 17:00:00 hrs]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
0.00 |
|
Non-Institutional Investors |
0.07 |
|
Retail Individual Investors (RIIs) |
0.73 |
|
Total |
0.15 |
Utilisation of IPO Proceeds
- The net proceeds from the fresh issue will be used to fund capital expenditure towards
- Setting up of 117 new COCO – Regular Stores
- Lease, sub-lease, rent and licence fee payments for existing COCO – Regular Stores
- Purchase of new equipment and machinery
- Marketing and advertising expenses
- General corporate purposes
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Wakefit IPO GMP
According to media reports, the Grey Market Premium (GMP) of the Wakefit IPO is reported at ₹5 over the IPO price. Considering the upper price band of ₹195, the shares are expected to list at ₹200 apiece.
Wakefit Business Overview
Wakefit is India’s leading direct-to-consumer (D2C) home and sleep solutions company that offers mattresses, furniture, furnishings, and home improvement products. The company has recorded the highest revenue in FY 2024 among its peers (Source: Redseer Report) and has become the fastest homegrown player in the organised segment to surpass ₹1000 crore in total income as of March 31, 2024.
Wakefit operates as a fully integrated end-to-end company, managing everything from product design and engineering to manufacturing, logistics, customer engagement, and after-sales experience.
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