Wakefit IPO

Wakefit Innovations designs, manufactures, and sells mattresses, furniture, and home furnishings. Its product range includes memory foam, latex, and spring mattresses with options such as dual comfort, roll-up, and foldable models, as well as beds, sofas, wardrobes, tables, seating, kids’ furniture, pillows, rugs, curtains, kitchenware, décor items, and other household essentials. The company follows a full-stack, vertically integrated model that covers product design, engineering, manufacturing, distribution, and customer service. It operates through an omnichannel network comprising its website, company-owned stores, e-commerce marketplaces, quick-commerce platforms, and multi-brand outlets. As of September 30, 2025, it has expanded its retail presence to 125 company-owned stores and 1,504 multi-brand outlets across multiple states. Wakefit’s operations are supported by a logistics network that includes one central warehouse, seven inventory-holding points, and 18 delivery points located across India. Use of proceeds: The IPO consists of both a fresh issue and an offer for sale (OFS).​ Net proceeds from the OFS will go to the respective selling shareholders, while the net proceeds from the fresh issue will be utilised for the following purposes:​ Capital expenditure for setting up 117 new COCO–regular stores —approximately Rs 30.84 crore. Expenditure for lease, sub-lease rent, and license fee payments for the company’s existing COCO – regular stores—approximately Rs 161.47 crore. Capital expenditure for purchasing new equipment and machinery—Rs 15.41 crore. Marketing and advertising expenses for enhancing the awareness and visibility of the company’s brand—Rs 108.40 crore. General corporate purposes. ;