Wakefit IPO Day 3: Check Latest GMP, Subscription Status & Key Highlights
The ?1,288.89 crore initial public offering (IPO) of Wakefit enters its final day of bidding today, 10 December 2025. Till the end of day 2, the IPO received a total subscription of 0.39 times.?
Wakefit IPO: Issue Details
- Issue Size: 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 at ?185-?195 per share.
- Lot Size: 76 shares
- Minimum Investment:??14,060 per lot for retail investors
- 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.
- Listing: The shares are proposed to be listed on the NSE and the BSE on December 15, 2025.
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Wakefit IPO Day 3: Subscription Details
[10-December-2025 19:00:00 hrs]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
3.04 |
|
Non-Institutional Investors |
1.05 |
|
Retail Individual Investors (RIIs) |
3.17 |
|
Total |
2.52 |
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
Wakefit IPO GMP
According to media reports, the Grey Market Premium (GMP) of the Wakefit IPO is reported at ?2 over the IPO price. The shares are expected to list at around a 1% premium.?
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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